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
Required:
- Possess minimum 2:1 degree from a leading university;
- Minimum 2 yearsβ 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
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Fixed Income Trade Support - Investment Banking Background employer: Miryco Consultants Ltd
Contact Detail:
Miryco Consultants Ltd Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Fixed Income Trade Support - Investment Banking Background
β¨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.
β¨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.
β¨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.
β¨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
Some tips for your application π«‘
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
β¨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.
β¨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.
β¨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.
β¨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.