Specialist - Trade Processing in London
Specialist - Trade Processing

Specialist - Trade Processing in London

London Full-Time 50000 - 60000 £ / year (est.) Home office (partial)
StoneX

At a Glance

  • Tasks: Assist the Trade Processing team and ensure compliance with market regulations.
  • Company: Join a Fortune-100 financial services provider with a global reach.
  • Benefits: Hybrid work model, competitive salary, and opportunities for career advancement.
  • Other info: Fast-paced environment with a focus on collaboration and innovation.
  • Why this job: Make a real impact in global finance while developing your skills.
  • Qualifications: 2+ years in operations with knowledge of Clearing House requirements.

The predicted salary is between 50000 - 60000 £ per year.

Connecting clients to markets – and talent to opportunity. With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors. At StoneX, we offer you the opportunity to be part of an institutional-grade financial services network that connects companies, organizations, and investors to the global markets ecosystem. As a team member, you'll benefit from our unique blend of digital platforms, comprehensive clearing and execution services, personalized high-touch support, and deep industry expertise. Elevate your career with us and make a significant impact in the world of global finance.

Responsibilities

  • To provide assistance to the Trade Processing team, while working with the Reconciliation and Client Service departments.
  • Follow and understand all internal procedures & comply with general FCA principles of business.
  • Ensuring that the company is adhering to market regulation concerning Clearing functions.
  • To provide knowledge, assistance and hands-on experience for the following:
  • Clearing and trade allocation for all markets, including but not limited to LME, EURONEXT, CME, CBOT, COMEX, NYMEX, ICE, EUREX, EEX, and FX.
  • Liaising with the front office to ensure that trades are accurately cleared in an effective and timely manner.
  • Executing top day offsets so that position maintenance requirements of the Clearing Houses are met.
  • Working with the Client Services team to provide a high standard of output to customers.
  • Working with the Derivatives Reconciliation team to ensure that reconciliations are accurate.
  • Intraday monitoring of positions in delivery period or approaching expiry and to liaise with the Deliveries team regarding those positions.
  • Providing top day recaps to customers.
  • Escalating issues that require management attention.

Qualifications

  • 2+ years experience in operations with good knowledge of Clearing House requirements.
  • Familiarity with industry-standard derivatives platforms.
  • Knowledge of XTP and its various modules preferred but not required.
  • Trade flow knowledge from execution to settlement.
  • Strong understanding of derivatives, including futures and options, as well as their associated lifecycle events.
  • Working knowledge of the below systems would be desirable: Ion XTP, FFastFill Seals, Teo, Lisa, LME Smart, LME Mercury, ICE FEC, ICE ECS, CME Clearing Europe FEC+, Eurex & ECC C7, XTP, Euronext.

What will make you stand out:

  • Attention to detail and ability to handle multiple tasks in a fast-paced environment.
  • Effective communication and interpersonal skills, with the ability to build relationships and collaborate with various stakeholders across the business.
  • Effective organisation and time management skills.
  • Strong communication skills (written and oral).
  • Effective planning, organisation and time management skills.

Working Environment: Hybrid (4 days in office per week)

Specialist - Trade Processing in London employer: StoneX

At StoneX, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. With a strong focus on employee growth, we provide comprehensive training and development opportunities, ensuring that our team members can thrive in their careers while making a meaningful impact in the global finance sector. Located in a vibrant city, our hybrid working model allows for flexibility, enabling you to balance professional and personal commitments effectively.
StoneX

Contact Detail:

StoneX Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Specialist - Trade Processing in London

✨Tip Number 1

Network like a pro! Reach out to current employees at StoneX on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.

✨Tip Number 2

Prepare for the interview by brushing up on your knowledge of trade processing and derivatives. We want to see that you’re not just familiar with the terms, but that you can discuss them confidently and intelligently.

✨Tip Number 3

Showcase your problem-solving skills during interviews. Think of examples where you’ve tackled challenges in fast-paced environments. We love candidates who can think on their feet!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.

We think you need these skills to ace Specialist - Trade Processing in London

Trade Processing
Clearing House Requirements
Derivatives Knowledge
Futures and Options Understanding
Reconciliation Skills
Attention to Detail
Effective Communication Skills
Interpersonal Skills
Time Management
Organisational Skills
Industry-Standard Derivatives Platforms Familiarity
XTP Knowledge
Problem-Solving Skills
Stakeholder Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Specialist - Trade Processing role. Highlight your experience in operations and any knowledge of Clearing House requirements. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Don’t forget to mention your familiarity with derivatives and trade flow knowledge.

Show Off Your Attention to Detail: In this role, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best selves, so double-check everything before hitting send!

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!

How to prepare for a job interview at StoneX

✨Know Your Trade Processing Basics

Before the interview, brush up on your knowledge of trade processing and clearing functions. Familiarise yourself with the specific markets mentioned in the job description, like LME and CME. This will show that you understand the role and can engage in meaningful discussions.

✨Demonstrate Your Attention to Detail

Since attention to detail is crucial in this role, prepare examples from your past experience where your meticulousness made a difference. Whether it was catching an error in a trade or ensuring compliance with regulations, these stories will highlight your suitability for the position.

✨Showcase Your Communication Skills

Effective communication is key in this role, especially when liaising with various teams. Think of instances where you successfully collaborated with others or resolved conflicts. Be ready to discuss how you can maintain high standards of output while working with the Client Services team.

✨Prepare for Fast-Paced Scenarios

Given the fast-paced environment, be prepared to discuss how you manage multiple tasks efficiently. Share strategies you use for prioritising work and staying organised, especially during busy periods. This will demonstrate your ability to thrive under pressure.

Specialist - Trade Processing in London
StoneX
Location: London

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