Fixed Income Trade Support - Investment Banking Background
Fixed Income Trade Support - Investment Banking Background

Fixed Income Trade Support - Investment Banking Background

Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team providing trade support and middle office operations for fixed income products.
  • Company: Miryco Consultants partners with a leading Fixed Income Asset Manager in London.
  • Benefits: Enjoy hybrid working arrangements and the chance to collaborate with top industry professionals.
  • Why this job: Be part of a fast-paced environment, enhancing your skills in trading and risk management.
  • Qualifications: A minimum 2:1 degree and 2 years' experience in trade support or middle office roles required.
  • Other info: Opportunity to work with innovative financial products and contribute to new structured transactions.

The predicted salary is between 43200 - 72000 Β£ per year.

Miryco Consultants are working with an established Fixed Income Asset Manager requiring an Asset Operations Analyst to join the team providing dedicated trade and middle office support to the trading desk. This will suit an individual who has prior experience in a fixed income, derivative trading or structuring middle office role within an investment bank, and is motivated by working in a dynamic, fast-paced and demanding team environment.

Responsibilities:

  • Daily trade activity validation and reconciliation;
  • Support the settlement and life cycle management covering a variety of products, much of which is traded on a daily basis:
  • Interest Rates, Inflation and Cross Currency swaps, options, and spot and forward FX
  • Credit Default swaps
  • Bonds, across Supranational, Sovereign and Sub-Sovereign, Corporate and Infra sectors
  • Bilateral & tri-party repos
  • Long term secured funding structures: commercial real estate, infra, social housing
  • Manage trade related queries during the trade review, confirmation and settlement process and act as an intermediary with other teams, where necessary;
  • Support for new structured transactions, including design of new processes and contributions to risk memos where products are new to the business;
  • Support intra-day funding, cashflow management and cash reconciliations for the business;
  • Work closely with the Trading, Structuring, Finance, Risk, Quants/Strats and Technology teams;
  • Understand the company's regulatory obligations under EMIR with respect to trade activity, clearing and collateral rules and obligations.
  • Required:

    • Possess minimum 2:1 degree from a leading university;
    • Minimum 2 years’ experience in either a trading or structuring middle office or trade support role and be able to demonstrate knowledge and understanding of their trade booking and risk management systems;
    • Experience and knowledge of one or more of the products listed above, but deep technical understanding of either Interest Rate Swaps or Credit Default Swaps in particular;
    • Knowledge of external confirmation platforms including CTM /Omgeo, Markitwire and DTCC, and settlement flows in Derivatives or Fixed Income products.

    Working Arrangements: Hybrid, London

    To stay updated about similar roles, please follow Miryco Consultants - LinkedIn.

    Fixed Income Trade Support - Investment Banking Background employer: Miryco Consultants Ltd

    Miryco Consultants is an exceptional employer, offering a dynamic and fast-paced work environment that fosters collaboration and innovation within the investment banking sector. With a strong focus on employee growth, we provide comprehensive training and development opportunities, ensuring our team members are well-equipped to excel in their roles. Located in London, our hybrid working arrangements promote a healthy work-life balance while allowing employees to engage with a diverse range of financial products and services.
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    Contact Detail:

    Miryco Consultants Ltd Recruiting Team

    StudySmarter Expert Advice 🀫

    We think this is how you could land Fixed Income Trade Support - Investment Banking Background

    ✨Tip Number 1

    Network with professionals in the fixed income and investment banking sectors. Attend industry events, webinars, or local meetups to connect with people who can provide insights or even refer you to opportunities at firms like ours.

    ✨Tip Number 2

    Familiarise yourself with the specific products mentioned in the job description, such as Interest Rate Swaps and Credit Default Swaps. Having a solid understanding of these will not only help you in interviews but also demonstrate your genuine interest in the role.

    ✨Tip Number 3

    Stay updated on regulatory changes affecting trade activities, especially under EMIR. Being knowledgeable about compliance requirements will show that you are proactive and understand the complexities of the role.

    ✨Tip Number 4

    Prepare to discuss your experience with trade booking and risk management systems during interviews. Be ready to provide examples of how you've successfully managed trade-related queries or supported new structured transactions in your previous roles.

    We think you need these skills to ace Fixed Income Trade Support - Investment Banking Background

    Trade Validation and Reconciliation
    Middle Office Operations
    Fixed Income Products Knowledge
    Derivative Trading Experience
    Interest Rate Swaps Expertise
    Credit Default Swaps Understanding
    Settlement Process Management
    Cashflow Management
    Regulatory Compliance Knowledge (EMIR)
    Risk Management Systems Familiarity
    External Confirmation Platforms (CTM, Omgeo, Markitwire, DTCC)
    Interpersonal Communication Skills
    Problem-Solving Skills
    Attention to Detail
    Team Collaboration

    Some tips for your application 🫑

    Tailor Your CV: Make sure your CV highlights relevant experience in fixed income, derivative trading, or structuring middle office roles. Emphasise your knowledge of trade booking and risk management systems, as well as any specific products you've worked with.

    Craft a Strong Cover Letter: In your cover letter, express your motivation for joining the team and how your background aligns with the responsibilities outlined in the job description. Mention your experience with interest rate swaps or credit default swaps to demonstrate your technical understanding.

    Showcase Relevant Skills: Highlight skills that are crucial for the role, such as trade validation, reconciliation, and cash flow management. Provide examples of how you've successfully managed trade-related queries and supported new structured transactions in previous roles.

    Research Miryco Consultants: Familiarise yourself with Miryco Consultants and their operations. Understanding their approach to asset management and the specific challenges they face will help you tailor your application and prepare for potential interviews.

    How to prepare for a job interview at Miryco Consultants Ltd

    ✨Showcase Your Technical Knowledge

    Make sure to highlight your understanding of fixed income products, especially Interest Rate Swaps and Credit Default Swaps. Be prepared to discuss specific examples from your previous roles that demonstrate your expertise in trade booking and risk management systems.

    ✨Demonstrate Your Problem-Solving Skills

    Since the role involves managing trade-related queries and supporting new structured transactions, be ready to share instances where you've successfully resolved complex issues or improved processes in a fast-paced environment.

    ✨Familiarise Yourself with Regulatory Obligations

    Understanding EMIR regulations is crucial for this position. Brush up on the company's regulatory obligations regarding trade activity, clearing, and collateral rules, and be prepared to discuss how you have navigated these in your past roles.

    ✨Emphasise Team Collaboration

    This role requires close collaboration with various teams such as Trading, Structuring, and Risk. Share examples of how you've effectively worked within a team to achieve common goals, highlighting your communication skills and adaptability.

    Fixed Income Trade Support - Investment Banking Background
    Miryco Consultants Ltd
    M
    • Fixed Income Trade Support - Investment Banking Background

      Full-Time
      43200 - 72000 Β£ / year (est.)

      Application deadline: 2027-07-16

    • M

      Miryco Consultants Ltd

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