Desk Assistant - Sovereign, Supranational & Agency

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions.

This is an entry-level opportunity to join a TP ICAP SSA (Sovereign, Supranational & Agency) desk, providing exposure to a core segment of the global fixed income markets comprising government and quasi-government issuers. As a Desk Assistant, you will play a critical role in supporting brokers with the smooth and efficient running of the desk in a fast-paced, high-volume trading environment. You will gain hands-on experience across trade support, market monitoring, and operational processes while developing a strong foundation in SSA products, including supranational bonds, agency issuance, and government-related credit. The role is designed as a pipeline into a Trainee Broker position, with progression dependent on performance, market knowledge development, and demonstration of core broking competencies.

This opportunity is best suited to early-career individuals with a genuine interest in financial markets, particularly fixed income, and a clear motivation to build a long-term career within TP ICAP.

• Provide day-to-day operational and administrative support to brokers on the SSA desk, ensuring the efficient running of trading activity.
• Accurately capture and maintain trade details within internal systems, ensuring timely and precise data entry across SSA products.
• Monitor, validate, and reconcile trades, proactively investigating and resolving discrepancies with brokers, counterparties, and support teams.
• Maintain robust data integrity and audit-ready records at all times in line with regulatory and internal standards.
• Update live trading screens and electronic platforms with real-time SSA market prices, flows, and activity.
• Support brokers with the preparation and distribution of trade runs, axes, and market colour specific to SSA issuance and secondary market flows.
• Actively monitor SSA markets, including: Supranational and agency bond issuance / Government-related credit spreads / Sovereign yield curves and macro influences.
• Stay informed on macroeconomic developments, central bank policy, and funding activity impacting SSA issuers.
• Assist brokers with price discovery, liquidity identification, and market context across SSA instruments.
• Contribute to desk reporting, process improvements, and operational efficiency initiatives.
• Build strong working relationships across front office, middle office, and external counterparties, including banks, asset managers, and official institutions.
• Uphold high standards of professionalism, accuracy, confidentiality, and conduct, aligned to TP ICAP’s regulatory environment.
• Represent TP ICAP with integrity, demonstrating alignment to the firm’s values and reputation in the market.

• Educated to GCSE and/or A-Level standard (or equivalent).
• Demonstrable interest in financial markets, particularly fixed income, rates, or government-related debt markets (SSA).
• Strong attention to detail, with the ability to manage and process high volumes of data accurately.
• High level of numeracy and systems proficiency, including Excel.
• Strong work ethic with a proactive, can-do attitude.
• Ability to perform effectively in a high-pressure, fast-paced trading environment.
• Strong communication and interpersonal skills, with the ability to work collaboratively within a team.
• Professional, reliable, and aligned to high ethical and conduct standards.

• Basic understanding of SSA instruments, (e.g. Supranational bonds, Agency issuers or Sovereign yield curves and spread dynamics).
• Awareness of fixed income market structure, including primary issuance and secondary market trading.
• Previous experience in a financial services or professional environment (internship, placement, or entry-level role).
• Strong commercial awareness and curiosity about global macroeconomic and credit markets.
• Ability to use initiative to solve problems and improve processes.
• Confident communication style with the ability to engage with internal and external stakeholders.
• Demonstrated ambition to progress into a broking career within fixed income markets.
• Resilience, energy, and a results-driven mindset.