At a Glance
- Tasks: Support trade activities, validate trades, and resolve discrepancies in a fast-paced environment.
- Company: Join a leading financial services firm committed to innovation and excellence.
- Benefits: Enjoy flexible working options, competitive pay, and opportunities for professional growth.
- Why this job: Be part of a dynamic team that values collaboration and customer service while making an impact.
- Qualifications: 5+ years in finance, a relevant degree, and strong communication skills are essential.
- Other info: Ideal for those passionate about financial markets and eager to learn.
The predicted salary is between 36000 - 60000 £ per year.
Accountable for the execution of assigned on-desk trade support activities in a timely, accurate and efficient basis. Book, validate and amend trades, review trade discrepancies and follow up with clients, perform PnL, Risk, trade and position reconciliations.
Support the resolution of discrepancies/exceptions, escalating to management as required. Support the introduction of new products, technology or processes that are in line with Business Partner initiatives participating in the analysis, testing and implementation activities.
Identify potential risk situations within the scope of FICC 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. Ensure adherence to all aspects of First Principles, Our Code of Business Conduct and Ethics Corporate Policy, as well as all applicable legislation, regulatory rules and requirements, and Bank standards, policies and procedures (P&Ps) for such things as potential conflicts of interest, safeguarding of customer.
Identify opportunities to improve the operational effectiveness of assigned day-to-day FICC Trade Support activities. Deliver exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support.
Experience Required
- 5+ years of business related experience in the financial services industry
- University Degree/College Diploma in related discipline
- Strong knowledge and understanding of a range of Financial Products including: Commodities (Energy and metals, especially metals financing), Fixed Income, and Interest Rate Derivatives
- Knowledge of Financial Markets and Regulatory oversight bodies
- Strong written and oral communication skills
- Ability to work under tight deadlines independently or in a team-based environment
Trading Support Specialist employer: MW recruitment
Contact Detail:
MW recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trading Support Specialist
✨Tip Number 1
Familiarise yourself with the specific financial products mentioned in the job description, such as commodities and fixed income. This knowledge will not only help you understand the role better but also allow you to engage in more meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the trading support field. Attend industry events or join relevant online forums to connect with people who can provide insights into the role and potentially refer you to opportunities at StudySmarter.
✨Tip Number 3
Stay updated on current trends and regulatory changes in the financial markets. Being knowledgeable about recent developments will demonstrate your commitment to the industry and your ability to adapt to changes, which is crucial for a Trading Support Specialist.
✨Tip Number 4
Prepare to discuss your experience with trade discrepancies and reconciliations in detail. Think of specific examples where you've successfully resolved issues, as this will showcase your problem-solving skills and attention to detail during the interview process.
We think you need these skills to ace Trading Support Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in trade support and financial services. Emphasise your understanding of financial products, especially commodities and fixed income, as well as any specific skills that align with the job description.
Craft a Strong Cover Letter: In your cover letter, explain why you are interested in the Trading Support Specialist role. Mention your 5+ years of experience and how it has prepared you for the responsibilities outlined in the job description. Be sure to include examples of how you've successfully handled discrepancies or improved operational effectiveness in previous roles.
Highlight Communication Skills: Since strong written and oral communication skills are essential for this role, provide specific examples in your application that demonstrate your ability to communicate effectively with clients and team members. This could include instances where you resolved issues or provided exceptional customer service.
Showcase Problem-Solving Abilities: The role requires identifying potential risk situations and resolving discrepancies. In your application, include examples of how you've successfully navigated challenges in past positions, particularly in high-pressure environments. This will show your capability to handle the demands of the job.
How to prepare for a job interview at MW recruitment
✨Know Your Financial Products
Make sure you have a solid understanding of the financial products relevant to the role, such as commodities, fixed income, and interest rate derivatives. Be prepared to discuss how these products work and their implications in trading.
✨Demonstrate Problem-Solving Skills
Since the role involves resolving discrepancies and exceptions, be ready to share examples of how you've successfully tackled similar challenges in the past. Highlight your analytical skills and ability to escalate issues when necessary.
✨Showcase Your Communication Skills
Strong written and oral communication skills are crucial for this position. Practice articulating your thoughts clearly and concisely, and be prepared to explain complex concepts in a way that is easy to understand.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory and compliance requirements relevant to the financial services industry. Being able to discuss these regulations and how they impact trade support activities will demonstrate your preparedness for the role.