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 workplace with a focus on collaboration and innovation.
- Why this job: Make a real impact in global finance while developing your skills in a dynamic environment.
- 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
Position Purpose: To provide assistance to the Trade Processing team, while working with the Reconciliation and Client Service departments. Primary duties will include:
- 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
To Land this role you will need:
- 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: UNAVAILABLE
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.
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 people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and services, especially in trade processing. This will help you tailor your answers and show that you're genuinely interested in joining the team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources. Focus on common questions related to trade processing and derivatives to boost your confidence before the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about wanting to be part of our awesome team at StoneX.
We think you need these skills to ace Specialist - Trade Processing in London
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 this role and how your background makes you a great fit. Don’t forget to mention your familiarity with derivatives and trade flow knowledge.
Showcase Your Communication Skills:Since effective communication is key in this role, make sure your application reflects your strong written skills. Keep it clear, concise, and professional – we love a well-structured application!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at StoneX!
How to prepare for a job interview at UNAVAILABLE
✨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 build relationships across departments to enhance trade processing efficiency.
✨Prepare for Fast-Paced Scenarios
Given the fast-paced environment, be prepared to discuss how you manage multiple tasks simultaneously. Share strategies you use for prioritisation and time management, and consider bringing up any relevant tools or systems you've used to stay organised in previous roles.
