At a Glance
- Tasks: Provide trade support and manage daily trading activities in a fast-paced environment.
- Company: Prestigious financial services firm with a strong reputation in fixed income asset management.
- Benefits: Competitive salary, dynamic work culture, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and gain exposure to innovative financial products.
- Why this job: Join a leading firm and enhance your skills in a high-impact trading role.
- Qualifications: 2:1 degree and 4 years' experience in trade support or middle office roles.
The predicted salary is between 63000 - 77000 £ per year.
Miryco Consultants are working with an established Fixed Income Asset Manager requiring a trade support specialist 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 4 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: 4/1, London
Trade Support Analyst - Fixed Income - Prestigious Financial Services Firm employer: Miryco Consultants Ltd
Miryco Consultants Ltd is an excellent employer, offering a dynamic work culture that fosters collaboration and innovation within a high-performing implementation team. Employees benefit from professional growth opportunities through exposure to complex business change projects and corporate strategy, all while enjoying the vibrant atmosphere of Greater London.
