At a Glance
- Tasks: Execute trade support activities, validate trades, and perform reconciliations using Markitwire and Calypso.
- Company: Join a leading financial institution focused on International Rates Trading and innovative product solutions.
- Benefits: Enjoy competitive compensation and opportunities for professional development in a dynamic environment.
- Other info: Participate in stakeholder forums to enhance trade support activities and ensure compliance.
- Why this job: Be part of a team that drives operational excellence and supports new product introductions.
- Qualifications: In-depth product knowledge in interest rate derivatives and experience with trade support processes required.
The predicted salary is between 60000 - 80000 £ per year.
Department: Global Middle Office – Interest Rate Derivatives
Accountable for the execution of assigned trade support activities for International Rates Trading that require specialized handling and skills applying in-depth product knowledge. Support the introduction of new products, technology and processes. Develop and maintain excellent working relationships with Capital Markets Trading & Sales, Product Operations and other stakeholder groups.
Key Accountabilities
- Product & Process
- Accountable for the execution of assigned on-desk trade support activities in a timely, accurate and efficient basis.
- Book, validate and amend trades, affirm and allocate trades in Markitwire, Calypso and TOMs.
- Review trade discrepancies and investigations.
- Perform trade and position reconciliations.
- Investigate PnL and booking issues.
- Conduct brokerage checks and any other ad-hoc requests by the trading desk.
- Support the resolution of exceptions, escalating to management as required.
- Support the introduction of new products or processes and new technologies that are in line with Business Partner initiatives participating in the analysis, testing and implementation activities.
- Work closely with internal and external stakeholders in support of Rates Trade Support activities.
- Participate in various stakeholder forums (Project Delivery/ Technology/ Regulatory/ Risk) in support of Rates Trade Support activities.
- Compile risk metrics for management.
- Risk & Control
- Identify potential risk situations within the scope of Rates Trade Support activities, escalating to management as required.
- Ensure adherence to directives, internal processes and internal approvals to mitigate risk to the bank.
- Understand regulatory and compliance requirements as prescribed for the business unit to ensure adherence as required.
- Contribute to testing and updating of contingency planning to support the business and maintain continuity of critical processes throughout a contingency event.
- Contribute to ensuring all procedures/ standards of team(s) are documented and regularly reviewed and updated as needed in accordance with market best practice guidelines and industry regulations.
- Business Performance Management
- Identify opportunities to improve the operational effectiveness of assigned day-to-day Rates Trade Support activities.
- Deliver exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support.
- Develop excellent working relationships with Capital Markets Trading Products desks, Product Operations and other stakeholder groups ensuring we have a global view across the business.
- Align individual performance goals to the team.
Senior Associate - Global Middle Office – Interest Rate Derivatives in Slough employer: Morgan McKinley
This financial institution offers a robust benefits package including competitive salaries and professional growth opportunities. Located in a major financial hub, the team is dedicated to innovation in trading processes and technology. Join a collaborative environment that values strong relationships across Capital Markets Trading and Product Operations.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Associate - Global Middle Office – Interest Rate Derivatives in Slough
✨Tap into Campus Networks
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We think you need these skills to ace Senior Associate - Global Middle Office – Interest Rate Derivatives in Slough
Some tips for your application 🫡
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How to prepare for a job interview at Morgan McKinley
✨Brush Up on Financial Analysis Skills
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