At a Glance
- Tasks: Support Portfolio Managers by ensuring timely trade capture and resolving queries.
- Company: Dynamic financial firm in London with a focus on innovation.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Why this job: Join a fast-paced team and make an impact in the finance industry.
- Qualifications: Experience with traded products and strong interpersonal skills required.
- Other info: Opportunity to work with senior stakeholders and enhance your market knowledge.
The predicted salary is between 36000 - 60000 £ per year.
The Trade Support Specialist will be responsible for providing support to both the Portfolio Managers and other internal teams, ensuring all trades are captured and affirmed in a timely manner. The role will have exposure to all asset classes traded at Millennium including interest rate derivatives, credit, bonds, F & O and FX products (both cash and derivatives), as well as all equity products.
Principal Responsibilities
- Work with Portfolio Managers and other internal teams to automate and streamline existing processes to reduce operational risk and increase the speed and efficiency of the trade capture process.
- Oversee broader T0 tasks, ensuring the Middle Office provides a timely, high‐standard level of service to stakeholders and supports evolving business initiatives.
- Monitor and clear trade exceptions generated by new executions in the Trade Queue.
- Resolve queries sent from Portfolio Management teams and counterparties via the Middle Office Inboxes.
- Collaborate with onshore and offshore teams and counterparties to match and resolve economic breaks for a range of asset classes in Electronic Affirmation.
- Identify and mitigate risks on non‐electronic trades.
- Provide T+1 support to remediate issues from the previous day and inform impacted parties.
- Escalate failures and potential issues to line manager, Operational Risk and wider management to avoid erroneous P&L events.
- Ensure clear handover of tasks and responsibilities under the Middle Office follow‐the‐sun model.
- Support the Portfolio Managers during trading and work with all other teams to ensure accurate, timely capture of trades every day.
- Identify and document process weaknesses, lead remediation initiatives, secure stakeholder buy‐in, sign off business cases, plan, deliver projects, report status, and manage risks.
- Proactively identify risks, propose improvements, and keep the Operational Risk department informed of findings.
Skills And Experience Required
- Previous experience with traded products.
- Familiar with a high‐paced working environment and able to prioritize multiple deliveries.
- Strong market understanding and awareness of industry and regulatory change.
- Ability to balance autonomous work with team collaboration, and manage project deliveries alongside BAU requirements.
- Strong interpersonal skills; daily interaction with senior stakeholders across the firm.
- Familiarity with industry standard systems such as MarkitWire, Markit Trade Manager, Bloomberg and Murex is beneficial.
Trade Support Specialist in London employer: Millennium
Contact Detail:
Millennium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Support Specialist in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work at companies you're eyeing. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by practising common questions related to trade support. Think about your past experiences and how they relate to the role. We want you to show off your skills and knowledge confidently!
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply proactively. Sometimes, showing interest before a position is even advertised can give you a leg up.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great way to reiterate your fit for the Trade Support Specialist position!
We think you need these skills to ace Trade Support Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trade Support Specialist role. Highlight your experience with traded products and any relevant systems like Bloomberg or MarkitWire. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our team. Be sure to mention your understanding of operational risk and trade capture processes.
Showcase Your Team Spirit: We love collaboration at StudySmarter! In your application, share examples of how you've worked with teams in high-pressure environments. This will show us that you can balance autonomous work with team collaboration.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Millennium
✨Know Your Products
Make sure you brush up on your knowledge of the various asset classes mentioned in the job description. Familiarity with interest rate derivatives, credit, bonds, and FX products will show that you're serious about the role and understand the market.
✨Demonstrate Process Improvement Skills
Be prepared to discuss how you've previously identified process weaknesses and led remediation initiatives. Think of specific examples where you streamlined operations or improved efficiency, as this aligns perfectly with what they’re looking for.
✨Showcase Your Teamwork
Since collaboration is key in this role, come ready with examples of how you've worked effectively with both onshore and offshore teams. Highlight any experiences where you resolved issues or managed projects alongside daily operations.
✨Prepare for Stakeholder Interaction
Given the strong interpersonal skills required, think about how you can demonstrate your ability to interact with senior stakeholders. Prepare to share instances where you successfully communicated complex information or resolved queries from management.