Rates Product Analyst

Location: London, United Kingdom
Rate: Competitive
Job Type: Permanent, Full time
 

Job description:

The successful candidate will be part of the Product Management team and provide business input and strategic direction on products and services offered. They will collaborate with a number of market participants, such as clients, members and other market infrastructure providers as well as other teams within the business to understand the business need and develop the solutions for them. The candidate will also work closely with business partners such as legal, operations, Risk, business analysts and sales to manage the delivery of the solution/product.

Key responsibilities:

  • Drive the implementation and management of key projects

  • Collect client and member feedback and assist in design of new products and services

  • Document/review business requirements ensuring that a sound approach to market is adopted

  • Ensure that requirements are agreed by all key stakeholders

  • Assist in the development and execution of the go to market strategy for new products and services

  • Be subject matter expert in products and services offered

  • Partner with Sales and Relationship management in the promotion of products and services

  • Maintain member facing service documentation including website and marketing materials

Required Skills & Qualifications:

  •  Proven experience of OTC Derivatives products, rates experience preferred

  • Understanding of operational workflows for the uncleared and cleared rates market from execution to post trade events

  • Candidates should have experience in the drafting and editing business requirements

  • Broad understanding of Technology and Market Infrastructure

  • Demonstrable experience of OTC Derivatives knowledge/product management/clearing.

  • Must be able to communicate with Senior Management and external contacts

  • Candidate should be detail-oriented and be able to manage multiple projects at one time.

  • Must demonstrate the ability to be innovative and be a creative thinker as well as confident to participate in industry forums/working groups.

To apply please email your CV to the following consultant:  

Nicholas Ferrie
Nicholas.ferrie@trevosepartners.com
020 3763 3903

Rates Product Manager

Location: London, United Kingdom
Rate: Competitive
Job Type: Permanent, Full time
 

Job description:

The successful candidate will be part of the Product Management team and provide business input and strategic direction on products and services offered. They will collaborate with a number of market participants, such as clients, members and other market infrastructure providers as well as other teams within the business to understand the business need and develop the solutions for them. The candidate will also work closely with business partners such as legal, operations, Risk, business analysts and sales to manage the delivery of the solution/product.

Key responsibilities:

  • Drive the implementation and management of key projects

  • Collect client and member feedback and lead in design of new products and services

  • Document/review business requirements ensuring that a sound approach to market is adopted

  • Facilitate the agreement of requirements by all key stakeholders resolving issues when required

  • Owning the development and execution of the go to market strategy for new products and services

  • Become subject matter expert in products and services offered

  • Partner with Sales and Relationship management in the promotion of products and services

  • Ensure quality of member facing service documentation including website and marketing materials

Required Skills & Qualifications:

  • Proven experience of OTC Derivatives products, rates experience preferred

  • Bank Middle/Back Office experience beneficial

  • Understanding of operational workflows for the uncleared and cleared rates market from execution to post trade events

  • Candidates should have experience in the writing high quality business requirements

  • Track record of delivering new services and processes to market

  • Broad understanding of Technology and Market Infrastructure

  • Demonstrable experience of OTC Derivatives knowledge/product management/clearing.

  • Must be able to communicate with Senior Management and external contacts

  • Candidate should be detail-oriented and be able to manage multiple projects at one time.

  • Must demonstrate the ability to be innovative and be a creative thinker as well as confident to lead industry forums/working groups

  • Should be willing to take responsibility in detailed tasks through to conclusion to ensure delivery

To apply please email your CV to the following consultant:  

Nicholas Ferrie
Nicholas.ferrie@trevosepartners.com
020 3763 3903

Product Director – Head of Client UX, Data and Analytics

Location: London, United Kingdom
Rate: Competitive
Job Type: Permanent, Full time

Job description:

This is a senior role responsible for the product management and development of client user experience (UX), data and analytics solutions for the Rates Businesses.  This is an external facing and revenue generation role.

Key responsibilities:

  • This is a new role created to developed and deliver the following products and services for Rates Businesses and part of the wider post trade strategy

    1.Client user’s experience eg The business has a number of approaches for delivering data and processes. This role is to look at all these tools, access points, and develop a strategy to enhance the overall customer experience for such products and services.

    2.Development of risk analytics services via Analytics desktop and API tool

    3.Development of data analytics services. Some examples are aggregated annoymised stats for liquidity analysis, FRTB and compression analysis.

  • Develop commercial framework and execute the product marketing strategy for the above products and services

  • Responsible for shaping the product development team (will have direct reports) and the wider team resources supporting the delivery of the products and services associated with this function

  • Establishing and managing user working group (buyside, sellside and clearing brokers) including the go to market strategy for the above products and services

  • Establishing vendor and partnership management process to support 3rd party licensing for the above products and services

  • External facing role interfacing members, clients, trading venues, vendors and regulators. 

  • Navigated internal senior stakeholders on business case, governances, legal and compliances to ensure all steps required to launch a new product and services is completed prior to launch.

  • Ensure safe and seamless transition into operations and continuous review of performance of data and analytics services launched

Required Skills & Qualifications:

  • Extensive experience in OTC Rates working in data and analytics area working for leading data and analytics service provider or within investment bank data and analytics function.

  • Strong Product knowledge of how OTC Rates data and analytics is consumed by investment banks, hedge funds, asset management and other buyside communities

  • Strong understanding of the regulatory requirements with respect to OTC rates data and opportunity to provide a solution to the industry

  • Relevant work experience in customer UX and digital strategy is desired

  • Strong commercial acumen and negotiation track record

  • Proven full lifecycle management of the launch of a product or service from concept through to service in production

  • At least recognised University Degree

  • Proficient MS Office suite (eg Excel, Powerpoint, word), workflow tools, Visio etc and any VBA or technical skills are nice to have

  • Soft skills:

    • Strong leadership and influencing skills

    • Strong communication skills

    • Ability to mentor and coach staff as required

    • Strong collaboration and partnership skills

To apply please email your CV to the following consultant:  

Nicholas Ferrie
Nicholas.ferrie@trevosepartners.com
020 3763 3903

Client Services Analyst

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

This position focuses on providing application and technical support for our global client base. The right candidate will be client focused, have great communication and organisational skills and be able to work independently to resolve the clients’ issues.

Key responsibilities:

• Be the primary contact for all clients when they experience incidents.

• Manage all incidents according to SLAs. This includes all specific incidents that occur during EMEA working hours.

• Act as the primary point person for incident management for any NRR and company incident impacting our globally based clients during EMEA hours. Incident management responsibilities include:

  • Response to initial incident notification

  • Providing regular updates to clients per SLA

  • Primary liaison for aiding our clients through post-incident recovery

  • Provide Major Incident reporting following any Severity 1 outages per SLA

• Be available for onsite client meetings and requested issue review sessions.

• To fulfil any additional / ad hoc duties as required to meet the needs of the business

Required Skills & Qualifications:

• Excellent communications skills and experience dealing with clients at various levels

• Educated to a degree level

• Experience supporting web based financial applications including trade posting, reporting, and exception handling / troubleshooting

• Work experience in a technical/application support role

• Hands on technical experience utilising database tools and an understanding of common transport protocols including MQ, Email, FTP and sFTP

• Experience working in Windows, Unix, and Linux environments and proficiency using MS Office suite

• Knowledge/experience in the financial industry

• Ability to liaise with and influence various internal groups (Product / Project Management, Development, Quality Assurance, IT)

• Entrepreneurial, willingness and ability to multi-task

• Ability to problem solve under pressure to resolve client issues

• Ability to work both independently and within a team to follow through on issues from beginning to end

• Ability to work flexible hours / shifts

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Client Services Associate

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

This position focuses on providing application and technical support for our Global client base. The right candidate will be client focused, have great communication and organisational skills and be able to work independently to resolve the clients’ issues.

Key responsibilities:

• Be the primary contact for all clients when they experience incidents.

• Manage all incidents according to SLAs. This includes all specific incidents that occur during EMEA working hours.

• Act as the primary point person for incident management for any NRR and company  incident impacting our globally based clients during EMEA hours. Incident management responsibilities include:

  • Response to initial incident notification

  • Providing regular updates to clients per SLA

  • Primary liaison for aiding our clients through post-incident recovery

  • Provide Major Incident reporting following any Severity 1 outages per SLA

• Be available for onsite client meetings and requested issue review sessions.

• To fulfil any additional / ad hoc duties as required to meet the needs of the business.

Required Skills & Qualifications:

• Excellent communications skills and experience dealing with clients at various levels

• Educated to a degree level

• Experience supporting web based financial applications including trade posting, reporting, and exception handling / troubleshooting

• Work experience in a technical/application support role

• Hands on technical experience utilising database tools and an understanding of common transport protocols including MQ, Email, FTP and sFTP

• Experience working in Windows, Unix, and Linux environments and proficiency using MS Office suite

• Knowledge/experience in the financial industry

• Ability to liaise with and influence various internal groups (Product / Project Management, Development, Quality Assurance, IT)

• Entrepreneurial, willingness and ability to multi-task

• Ability to problem solve under pressure to resolve client issues

• Ability to work both independently and within a team to follow through on issues from beginning to end

• Ability to work flexible hours / shifts

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Transaction Reporting Analyst

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

Reporting to the Transaction Reporting Manager (“TRM”), working alongside the businesses, compliance, and IT teams, the TRA will take daily ownership of the integrity of the transaction reporting processes for CELP and CSEL and ensure that complete and accurate data is delivered to the FCA, ESMA and ACER within the prescribed timeframes, for MiFID, EMIR and REMIT reporting. 

The TRA will operate daily quality control checks on considerable volumes of transaction data, ensuring exceptions are verified by the relevant business units and documented accordingly. The function will be continually evolving with more business requirements and reporting regimes added in the future.

Key responsibilities:

  • Assist with MiFID II/ EMIR remediation work, where required

  • Liaising and interacting on a daily basis with Front Office, Compliance and IT teams

  • Build and manage MI and reporting processes to track rejections/ validations

  • Testing of transaction reporting data for completeness, accuracy and identification of issues

  • Document processes and procedures in line with regulatory requirements

  • Assess on a continuous basis trade and transaction reporting risks and developments, to ensure changes are made in line with regulations including EMIR, REMIT, MiFID II

  • Management of daily workflow, ensuring trades are reported within the regulatory deadlines

  • Investigate and resolve exceptions and queries quickly and efficiently

  • Ongoing awareness of the regulatory environment and the firm’s adherence to its reporting obligations through the attendance of Industry working groups and/ or forums

Required Skills & Qualifications:

  • Hands-on experience of MIFID II and EMIR transaction reporting, including knowledge of regulatory requirements and the day-to-day delivery of reports

  • Proactive and self-starting individual with high levels of ownership

  • A confident and assertive individual, able to communicate effectively with colleagues across the firm - this is a high profile function

  • Motivated by daily operational processes and the opportunity to develop and refine those processes

  • Experience in analysing and documenting system/ trade flows

  • Strong Excel skills

  • Comfortable in a technology led, high volume, complex business environment

  •  Inquisitive, wanting to question and understand anything that looks out of the ordinary

  • A keen eye for detail and an emphasis on “getting it right”

  • Dedicated and reliable with a high level of personal and professional integrity

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Agency Management Officer - AMO

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

Primary contact/coordinator for internal and external business partner and issuer requests and inquiries related to complex and sensitive syndicated or club credit facilities for which the bank acts as Administrative Agent.

Key responsibilities:

  • Has advanced knowledge of credit products and syndication process and governing documents, including highly complex unsecured/secured credits and troubled deals.

  • Reviews and comments on loan agreement drafts for clarity, agency issues, and operational feasibility to ensure that final documents are workable for all parties; closes new deals, amendments, waivers, and consents.

  • Proactively identifies and strategically resolves, through recommendation, highly complex issues related to portfolio; is considered a critical thinker.

  • Functions independently with minimal supervision.

  • Maintains database of deal-specific contacts; disseminates financial/compliance information; impartially communicates with investors; works with counsel (in-house and outside); arranges meetings for issuer/investors.

  • Is considered an expert on agent-related matters and is a resource to others; effectively manages workload and properly balances risk against reward. Is highly client focused and actively demonstrates excellent leadership skills.

  • Exhibits professional maturity; shows promise of being a solid manager given demonstrated leadership capabilities.

Required Skills & Qualifications:

  • Associate possesses minimum of 5 years of AMO or related experience

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Client Operations – Client On-Boarding

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

Assist with the Brexit Client Out Reach exercise including sending out documentation and tracking responses. Ensure that periodic reviews are fully and accurately completed on a pre-determined population of clients. Undertake various data refresh exercises to ensure consistency and integrity prior to setting up counterparties for the Europe entity. Assist the Head of Client Operations with Brexit-related projects as required

Key responsibilities:

Conduct Rules

All employees are required to fully comply at all times with the Code of Conduct, and in particular the First Tier Individual Conduct Rules.  As such employees must:

1.       Act with integrity.

2.       Act with due skill, care and intelligence.

3.       Be open and co-operative with the FCA and PRA and other regulators.

4.       Pay due regard to the interests of customers and treat them fairly.

5.       Observe proper standards of market conduct.

For further information, please refer to the COCON Sourcebook of the FCA Rules and the Conduct Part of the PRA Rulebook. 

Reporting of Breaches           

You are required to report to Compliance any suspected or actual breaches of the Conduct Rules described above as soon as they are discovered.

In Respect of Training

The Company has appropriate training and competence procedures and training programmes in place across those business areas for which you are responsible to ensure that the Company’s employees:·

  • are and remain competent for the work they do;

  • are appropriately supervised and their competence regularly reviewed; and the level of competence is appropriate to the Company’s business.

You are responsible, in accordance with the Company’s training and competence policy for achieving and maintaining a sufficient level of competence for the role you undertake and for your own professional development in your relevant area of expertise. 

Required Skills & Qualifications:

Ability to work under pressure and as part of a team

  • Willingness to work long hours as required

  • Flexibility to perform a variety of tasks

  • Good communications skills and client service orientation

  • Ability to work under own initiative

  • Previous KYC/AML experience in an investment bank across a variety of entity types and jurisdictions

  • Graduate level education or equivalent experience.

Technical

  • Computer literacy:  excellent knowledge of MS Office (Word and Excel), Sharepoint and an understanding of relationship databases.

  • Knowledge of AML/KYC legislation and related regulations

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Derivative Operations

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

To process all products that Originate from the trading floor, this includes both OTC and Exchange traded Derivatives. The role requires a working understanding of Derivatives, from trade booking to reconciliation. The candidate must be flexible and able to work to tight deadlines but maintain the very highest standards.

All departmental reviews, objectives and training plans will originate from this role. Ultimately the purpose of this role is to service the client base to the very highest standard and create a centre of excellence for Operations.

Key responsibilities:

To replicate trade booking and system functions during the transformation transition period. This will include Convertible Bond Options, FX Bookings, Manual Rate input, Fees and General Static data

  • Monitor Interface screens and resolve issues preventing messages from going STP (Straight though processing)

  • Review Reconciliation reports and investigate system breaks between, Bloomberg, Murex and GlobeOp. Publish findings and potential issues

  • To ensure the process flow between the our team and our Outsourcing agent is a STP Process for both trade capture

  • Manage the confirmation process at the bank, being a direct liaison between the Front Office, Legal and the Outsourcing Agent. This with an aim to meet EMIR deadlines around verbal and executed confirmations for these products

  • Monitoring both the MarkitServ and Markitwire platform to ensure data is captured and confirmed accurately by the outsourcing agent

  • Monitoring ICE, Murex & Optic to ensure trades STP correctly.

  • Ensure correct and timely payments are made in relation to Derivatives, non-payments/ receipts are followed up to ensure resolution.

  • As per EMIR, monitor the OTC portfolio reconciliation process, and track and update SSD MIS with status and escalate where required.

  • Ensure Transaction Reporting (FCA) has been instructed correctly and within regulatory deadlines

Required Skills & Qualifications:

  • Day to day functions around OTC products (agreement/ payments and confirmation management )

    Technical

    • SWIFT

    • Microsoft Word

    • Excellent PC skills

  • GCSE or equivalent qualifications

Operational Effectiveness and Innovation

Achieving Quality Results:

  • Delivering Tasks – Bronze

  • Flexibility & Drive to Improve – Bronze

  • Risk Awareness – Bronze

Enhance product Scope

  • Business Awareness – Bronze

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Fixed Income Trade Support

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

Administration of the trade flow generated by sales and trading staff in all products. Assistance with the introduction and development of Front Office systems.

Key responsibilities:

Administration of the trade flow generated by sales and trading staff in all products. Assistance with the introduction and development of Front Office systems.

  • Responsible for trade upload and trade allocation of Equity and CB trades in Fidessa  / Fixed Income trades in Bloomberg;

  • Close liaison with trading and sales staff, offering a high level of trade support;

  • Monitor and process bond and equity trades in Omego CTM; Bloomberg STP

  • Liaison with clients regarding trade queries;

  • Liaison with settlements teams for booking and settlement queries;

  • Daily reconciliation, investigation and resolution of trades between the front office systems, Murex and Gloss;

  • Assistance with Front Office systems development;

  • Review and update middle office procedures;

  • Intraday monitoring of trade support interfaces in Gloss and Murex;

  • Monitoring unallocated trades to ensure all trades are allocated by latest T+1;

  • Completing EOD Flash report and riskless principle to ensure trading positions are flat;

  • Monitoring unsettled transaction report for domestic equity trades before settlement date;

  • Trade matching in TRAX with clients;

  • Take a keen interest in the Operations ‘Back to Basic’ strategy and through delivery, demonstrate commitment to change:

    • Be Responsible, Feel Accountable Continued focus on our control environment, promoting a preventative risk culture ensuring that all our staff have the platform to proficiently manage risk in the processes they support

  • Regulatory Adherence Ensure that Operations are compliant with Regulatory requirements taking a proactive approach to executing the delivery of process change, managing the risks associated to new responsibilities and where possible implementing a strategic solution.

  • Right First Time, On Time Strive to deliver a service which provides a consistent support to our internal and external clients.

  • Improve the Way We Work Embed a culture of continuous improvement in Operations, installing a robust and transparent governance around our change agenda to enable greater system automation and an enhanced control environment

  • Communicate Effectively Be open about our challenges, communicate progress against the department’s objectives and demonstrate that we are in control of our cost base.

  • Motivate Our People Invest in our people by providing training opportunities to be successful in role, inspire them to perform to the best of their ability recognising individuals who demonstrate the right behaviours and advocate a collaborative team ethos.

Required Skills & Qualifications:

  • Equivalent experience at an Investment Bank

  • Full understanding of trade lifecycles

  • Knowledge of Securities markets, process and regulation;

  • Knowledge of MHI security settlement, confirmation and middle office functions, and their fit / role within the broader investment bank;

  • Knowledge of relevant regulation relevant to the securities industry and its implications to the way the department operates currently and will be required to operate in the future;

  • Has demonstrated ability to contribute to broad, deep change programmes;

  • Good presentation skills, including one on one, small and larger groups.

  • Educated to A level or equivalent experience.

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Cash Equity / Equity Derivatives Trade Support - AVP

Location: London, United Kingdom
Rate: Competitive
Job Type: Permanent, Full time
 

Job description:

Our client, an international investment bank that has continually strived to perform above expectations and has become one of the giants in global capital markets, especially in the Equity space – both Cash and Derivatives.

Due to the on-going growth of their business and the ongoing need to re-engineer their processes, they are looking to bring on an experienced people manager to lead a team in both Sales and Trade Support. Acting as the point of escalation in the team, and with a strong emphasis on people management and process re-engineering, candidates will conduct regular 1-2-1 performance meetings and face off to senior management – acting as the voice of Trade Support for the Business.

Key responsibilities:

  • Manage the Equity Derivatives or Cash Equity Trade Support and Sales Support function.

  • Ensuring Equity trades – both Cash and Derivatives - are uploaded and allocated in a timely manner.

  • Monitor and process Equity trades in Fidessa.

  • Liaising closely with trading and sale, offering high level support.

  • Facing off to clients for any trade queries.

  • Reconciling and resolving trades between various systems – including Murex and Gloss.

  • Liaising with Settlements.

  • Take an active part in the Operations Transformation strategy and through delivery, demonstrate commitment to change.

Required Skills & Qualifications:

  • Strong knowledge of Cash Equities or Equity Derivatives products is essential.

  • Solid understanding of Fixed Income is desirable.

  • Previous experience in a Trade Support /Trade Assistant function.

  • Experienced with Fidessa and Bloomberg.

  • Strong understanding of the front to back trade lifecycle, including Trade Processing and confirmations.

  • Confident, personable with experience dealing with internal and external stakeholders

To apply please email your CV to the following consultant:  

Daniel Vano
Daniel.Vano@trevosepartners.com
020 3763 3908

Accounts Assistant

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

Reporting to the Financial Controller in Europe, and providing support to the finance teams in London and Dublin, the role will primarily comprise the day-to-day management of the systems and controls for the Accounts Payable function. 

Key responsibilities:

  • Working in a team of two alongside global finance teams you will manage the automated Cor360 accounts payable system for London and Dublin.
  • You will help manage controls and processes linking Cor360 to the accounts payable module and general ledgers in Oracle PeopleSoft.
  • Manage the BACS and SEPA payment processes and payment runs in Oracle PeopleSoft.
  • Manage payment relationships with EU vendors and deal with credit control enquiries, reconcile material vendor accounts.
  • Provide UK and Ireland support for the global expenses system (Concur/Amex) and related payments, working with the central U.S. expenses team.
  • For Luxembourg and Ireland funds: process limited Eur payments for the company fund entities via HSBC net and help to record the related accounting entries.
  • Understand the basics of the UK and Ireland VAT recovery processes; help ensure all accounts payable driven VAT entries are correctly captured in the ledgers.
  • Regular liaison with head office AP (Chicago) to ensure EU processes are in line with global processes, and implement controls to ensure invoices are handled in the correct location in the systems.
  • Run expense or other reports as required and be able to present expense data in a usable format; using excel or other systems.
  • Post supporting journals to the general ledger as required, for example invoice allocations to cost centres via an excel upload.
  • In the medium term, look to take on month end tasks as directed by the financial controller, for example calculation of accruals and prepayments and posting to PeopleSoft, fixed asset depreciation entries, and so on.

Required Skills & Qualifications:

  • Strong IT skills in a finance environment are essential, in particular intermediate Excel skills.
  • Corcentric (Cor360) and Oracle PeopleSoft experience preferred, or experience in a similar automated AP environment.
  • Experience of multi currency ledgers and foreign payments essential.
  • Bookkeeping / general ledger experience required.
  • HSBC net or equivalent online corporate banking experience required.
  • Strong communications skills both written and verbal.
  • Experience in a global or pan-European organisation preferred.
  • An eye for detail, and very well organized.
  • A self starter with a strong desire to learn and understand, particularly the systems than Citadel use; confident to seek the help and support of finance colleagues.
  • Confident in communicating with fellow employees and external vendors.
  • Professional in approach to work.
  • Enjoy taking responsibility and improving processes, always wanting to do things more efficiently and always thinking proactively about improvements.
  • Takes pride in the role and the work done.
  • Works well in a team environment.
  • Enjoys working under pressure and able to plan work to meet internal deadlines
  • Bachelors Degree

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Fixed Income Trade Support

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

The Operations department provides all operational support functions for the Company’s businesses such as fixed income trading and sales, Japanese and European equity trading and sales, Treasury management and other new business lines developed by the Company. Operations plays a key role in delivering an optimal, full-spectrum service for all clients and is structured by product and aligned to support all businesses as appropriate in trade capture, reference data, cash management, securities and cash reconciliation, transaction processing, money transfer, income processing, tax reclaims, collateral, client valuations, and confirmations. In addition to the day to day workflow, it also supports all of the ongoing business projects within the Company as well as any new product development with the business lines in conjunction with other control units and the company’s International Information Systems Department.

Key responsibilities:

Administration of the trade flow generated by sales and trading staff in all products. Assistance with the introduction and development of Front Office systems.

  • Responsible for trade upload and trade allocation of Equity trades in Fidessa/Fixed Income in Bloomberg;
  • Close liaison with trading and sales staff, offering a high level of trade support;
  • Monitor and process bond and Equity and CB  trades in Omego CTM; Bloomberg STP
  • Liaison with clients regarding trade queries;
  • Liaison with settlements teams for booking and settlement queries;
  • Daily reconciliation, investigation and resolution of trades between the front office systems, Murex and Gloss;
  • Assistance with Front Office systems development;
  • Review and update middle office procedures;
  • Intraday monitoring of trade support interfaces in Gloss and Murex;
  • Monitoring unallocated trades to ensure all trades are allocated by latest T+1;
  • Completing EOD Flash report and riskless principle to ensure trading positions are flat;
  • Monitoring unsettled transaction report for domestic equity trades before settlement date;
  • Trade matching in TRAX with clients;
  • Take a keen interest in the Operations Transformation strategy and through delivery, demonstrate commitment to change:
  • Simplification: Simplify any and all complex, inefficient process’ and show demonstrable improvement
  • Licence to Operate: Influence outside of immediate remit, by promoting best in class control environment
  • Licence to Operate: Own the control environment for securities, ensuring all operational risks are understood and remediated
  • Licence to Operate: Ensure that all handoffs to other departments are understood, and managed effectively
  • Engagement: Promote an inclusive culture, breaking down silo’s and building a collaborative culture within Securities, and look to influence the broader Operations culture
  • Engagement: Build and maintain effective relationships with all key stakeholders and clients – act as an ambassador for Operations at all times
  • Transparency: Alongside other departments, develop, and deliver a full suite of KPI/KRI , thus providing transparency of departmental performance.

 

Required Skills & Qualifications:

All employees of the Company at whatever level of seniority have responsibility on a day to day basis for ensuring that there are clear and appropriate reporting lines between them and others for whom they are responsible and that any delegation of duties is to suitable persons, subject to appropriate supervision

All employees are required to fully comply at all times with the Code of Conduct, and in particular the First Tier Individual Conduct Rules.  As such employees must:

  • Act with integrity.
  • Act with due skill, care and intelligence.
  • Be open and co-operative with the FCA and PRA and other regulators.
  • Pay due regard to the interests of customers and treat them fairly.
  • Observe proper standards of market conduct.

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

IRD Exotic Trade Support Analyst

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

On the Global Markets and ALMT perimeters, and on a global basis

  • Product Control is responsible to ensure that trade representation is in line with internal reference during all the lifecycle of the products, including fixing management (Term-sheet or similar). In order to ensure this responsibility, Product Control -
  • acts as independent validator of the complex operations, and in particular, ensures they are valued with the appropriate model and accounting scheme at initiation and during their lifecycle,
  • relies on Trade Processing function on vanilla products.
  • In accordance with the Charter of Responsibility on Valuation defined within the Group, Product Control is responsible for the accuracy of the economic result calculation for the Business, Risk and Finance departments. To do so, the team is in charge of P&L production and analysis, performance reporting to management, and controls on Valuation in cooperation with Group Risk Management and Finance.
  • Product Control contributes to the Monthly FACT reporting to Finance, ensuring proper controls have been performed and guarantee the accuracy of the P&Ls.
  • Product Control acts as a second level control function for the benefit of Heads of GBLs and ALMT to monitor that trading activity is conducted within a specified framework.
  • Product Control acts as a second level control function on trading contribution to market indices for the benefit of Heads of GBLs and ALMT, OPC and Compliance.
  • Product Control is part of the control framework for valuations (“Independent Price Verification” process) and Anti-Fraud. As a consequence, Product control is the point of contact for operations on valuation, risk or trader mandates related issues.
  • Product Control contributes to the projects related to Finance or regulatory requirements.
  • Product Control contributes to some transversal projects related to their mandate (WW Program Blue, FBL/Volker Rule implementation….), and other one-off related analysis as necessary.
  • Product Control sponsors the main transversal projects related to their mandate (e.g. XTarget, FORMA, FEBUS….).

Key responsibilities:

  • Management of flow of new trades and amendments from Front Office systems (MAD, STAR, MarkitWire) to Back Office system (Murex), manually booking and amending in Murex where necessary.
  • Reconciliation between Front Office systems (STAR, MarkitWire) and Back Office system, checking Present Value are in line.
  • Working with Middle Office P&L and confirmations teams to reduce operational risk and maintain highest levels of support for each portfolio.
  • Build and maintain good working relationships with other internal clients such as legal, marketers, trading & back office.
  • Ensure accurate and timely processing of rebooking initiatives and migrations
  • Oversee all reconciliations and reports in the area and investigations are completed on a timely basis.
  • Dealing with queries from back-office, marketers and clients, relating to booking discrepancies.
  • Provide cover for other members of the Trade Support team when necessary, ability to flex between teams depending on daily volume and demand.
  • Management of Options (expiry report, checking confirmations, processing etc).
  • Contribute to the implementation of new system functionalities and raise IT requirements for bug fixing or system enhancements when possible.
  • Participate in Transversal projects.

Required Skills & Qualifications:

  • Positive and dynamic attitude to complying with deadlines and objectives.
  • High degree of interest in product and process issues affecting the department.
  • Effective time management and ability to prioritise workload and escalate issues to management.
  • Have strong interpersonal / communication skills.
  • The candidate must display a very professional attitude and be willing to work long hours if the workload is high.

Product

  • Exotics Rate Derivatives
  • Exotic Options
  • Inflation
  • BGS
  • FX
  • Credit hybrids
  • Credit Structured

Core Competencies

  • Team Spirit
  • Communication
  • Motivation and Commitment
  • Change Management
  • Technical Business Knowledge
  • Controls and Production
  • Results Orientation
  • Analytical and Organisational skills

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Senior Analyst, Collateral Management

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

Your role as a Senior Analyst, Collateral Management is to support the Global Collateral Management Team (CMT) in its function with the daily management of the Collateral obligations. The CMT Team covers daily margining across the company’s International Swaps and Derivatives Association and Credit Support Annex (ISDA/CSA), Global Master Repurchase Agreement (GMRA) and Over-the-counter (OTC) Clearing. It executes collateral margin calls, manages CSA agreements in the relevant credit, collateral and trade systems for uncleared OTC derivatives.  The teams function is a key markets global function to reduce credit Counterparty Risk for them when trading uncleared derivative products.        

You are also expected to improve CMT business process and help deliver the next phase of IM regulatory delivery and other FY18 deliverables into the operating model. You will directly report to the Global Head of Collateral Management and assist them in meeting the business, risk and compliance obligations for the CMT function.

Required Skills & Qualifications:

To be successful in this role, you will ideally bring the following -

  • Familiarity of legal documentations, such as CSA’s and GMRA’s
  • Understanding of the rules and regulations which affect Collateral
  • Experience in dealing with reconciliations and ability to resolve exceptions
  • Process reengineering (operating models and process flows) desirable
  • Ability to use initiative and work autonomously in ensuring deadlines are met
  • Ability to work under pressure in response to specific issues

 

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Trade & Transaction Reporting Associate

Location: London, United Kingdom
Rate: Competitive
Job Type: Permanent, Full time

Job description:

The Operations department provides all operational support functions for the Company’s businesses such as fixed income trading and sales, Japanese and European equity trading and sales, Derivatives, Treasury management and other new business lines developed by the Company. Operations plays a key role in delivering an optimal, full-spectrum service for all clients and is structured by product and aligned to support all businesses as appropriate in trade capture, reference data mgmt., cash management, securities and cash reconciliation, settlement, Corporate Action processing, tax reclaims, collateral mgmt., client valuations, trade & transaction reporting and confirmations. In addition to the day to day workflow, Operations also supports all of the ongoing business and industry driven projects within the Company as well as any new product development with the business lines in conjunction with other control units and the companies International’s Information Systems Department.

Key responsibilities:

To process all products that originate from the MHI trading floor, this will include both OTC and Exchange traded Derivatives. The role specifically requires a working understanding and knowledge of Regulatory Reporting requirements framework across MiFID and EMIR. The candidate must be flexible and able to work to tight deadlines but maintain the very highest standards. All departmental reviews, objectives and training plans will originate from this role. Ultimately the purpose of this role is to service the MHI client base to the very highest standard and create a centre of excellence for Operations.

  • To act as an SME regarding Regulatory obligations under MiFID II / EMIR II
  • Daily monitoring to ensure Trade & Transaction Reporting (FCA) has been instructed correctly and within regulatory deadlines and reconciles.
  • Real-time monitoring of the Trax/Bloomberg/TradeEcho MiFID II Trade & Transaction Reporting GUIs.
  • Exception management on BAU to ensure regulatory deadlines are met.
  • Liaise with ISD/Legal/Compliance to implement various tactical & long term strategic solutions in the reporting framework.
  • Involvement with Regulatory Project work as required in MIFID II/EMIR II & obligations and upcoming SFTR developments & SI Reporting requirements.
  • Complete daily Reconciliations of EMIR OTC & MiFID II
  • Monitor daily Real-time MiFID II potential clearing breaches; escalate to FO/line manager if necessary.
  • Enhance the current Governance & oversight framework with our EMIR outsourcing agent.
  • Analyse the Trade & Transaction Reporting impact as part of the NPC Risk Assessment process
  • Standardise any operations tasks and embedded into the consolidated Trade & Transaction Reporting procedure.
  • Attend various industry forums & working to obtain the latest regulatory developments.

Required Skills & Qualifications:

All employees of the Company at whatever level of seniority have responsibility on a day to day basis for ensuring that there are clear and appropriate reporting lines between them and others for whom they are responsible and that any delegation of duties is to suitable persons, subject to appropriate supervision and monitoring.

All employees are required to fully comply at all times with the Code of Conduct, and in particular the First Tier Individual Conduct Rules.  As such employees must:

  • Act with integrity.
  • Act with due skill, care and intelligence.
  • Be open and co-operative with the FCA and PRA and other regulators.
  • Pay due regard to the interests of customers and treat them fairly.
  • Observe proper standards of market conduct.

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Product Development Analyst

Location: London, United Kingdom
Rate: Competitive
Job Type: Permanent, Full time
 

Job description:

Our client an experienced team of prime brokerage, asset management, technology and data specialists are delivering identifiable and measurable benefits to hedge funds every day. The product team members are required to have an understanding as to the needs of our clients, technology for financial applications and the changes shaping the industry. With data becoming the most valuable commodity, we are looking to enhance our product offering by providing greater insights and analytics. The role involves working in all aspects of data from a product perspective – ingestion, cleansing, exploring and monetising.

Key responsibilities:

  • Business analysis of broker and hedge fund data to identify opportunities (e.g. cost savings with respect to financing) or provide analytics to highlight areas where the client could be more competitive with respect to their peer group
  • Research, idea generation and prototyping of data products based on hedge fund securities lending and position data with the aim of providing clients with valuable insights
  • Work as part of a team and act in a collaborative manner with Sales, Technology, and Client Services
  • Support our Sales team with research and custom analysis
  • To fulfill any additional / ad hoc duties as required to meet the needs of the business 

Required Skills & Qualifications:

  

  • Python development experience (including pandas, numpy and scipy)
  • Database experience (postgres ideally, redis and mongo as nice to haves)
  • A positive, confident, and determined approach
  • Excellent communication and interpersonal skills
  • Excellent problem solving and critical thinking skills
  • Detail oriented and organised
  • Demonstrate a high-degree of self-motivation, initiative and ambition
  • Ability to translate business requirements into technical analysis
  • Client facing, with ability to listen and to learn
  • Educated to bachelor’s degree ideally in a science, engineering or mathematics discipline Relevant experience in dealing with time series data and large data sets
  • Relevant experience in the banking/finance and alternative investments space is preferred

To apply please email your CV to the following consultant:  

Nicholas Ferrie
Nicholas.ferrie@trevosepartners.com
020 3763 3903

Project Manager

Location: London, United Kingdom
Rate: Competitive
Job Type: Permanent, Full time
 

Job description:

This is a multi-faceted position which provides support to meet regulatory and business objectives related to implementing information management practices across the bank. This position will be responsible to understand, partner and orchestrate with different business, operational and technical teams to first understand how information is being used and help drive successful delivery/execution of regulatory practices.

Key responsibilities:

  • Lead and manage projects.
  • Responsible for managing a project from business case formation through to production implementation. This includes scoping, planning, executing, resourcing and monitoring assigned project(s) to keep on schedule and on budget.
  • Monitor projects on an ongoing basis, evaluating progress and quality, managing issue resolution process, and taking corrective action as necessary.
  • Develop strong partnership with the Business Owner and Vertical Lead to ensure successful delivery of project(s).
  • Demonstrate strong communication skills with all levels of stakeholders, including Executives. Able to prepare/present to senior level executives with appropriate level of information/duration.
  • Effectively manage the project to scope/schedule/budget and challenge respective stakeholders as needed.
  • Manage the relationship between technology and the business at the project level.
  • Analyze project risks, issues, costs, and benefits and make relevant recommendations to business and IT leadership. Provide and implement action plans to mitigate risk when applicable.
  • Develop detailed project plans to manage the end-to-end project activities, interdependencies and execution approach.
  • Define purpose, clear roles, tasks, milestones, budgets, and measures of success.
  • Lead and roll out process improvements by working with ePMO and other Project Managers in the PMO.
  • Mentors/assists junior PM’s to learn and gain working knowledge in all areas of project management.
  • Manage financial delivery and issue management processes, escalating issues and variances to budgets where necessary.
  • Plan and maintain project financial data monthly.
  • Build and foster a collaborative working environment amongst project team members.
  • Working knowledge of audit and regulatory practices; ensures projects they lead are 100% compliant with the client standards.

Project Management:

  • Manage multiple integrated complex Enterprise projects simultaneously with no supervision.
  • Possesses advanced leadership skills in influencing and communication.
  • Sets priorities under conditions of limited resources and competing demands.
  • Considers contingencies for the unexpected when planning long term work initiatives.
  • Drives creative, innovative ways to deliver complex projects.
  • Able to drive multiple intersecting projects through to success.
  • Builds credibility, establishes rapport and maintains communication with stakeholders at multiple levels, including those external to the organization.
  • Defines and initiates projects, directs Project Managers to manage cost, schedule and performance of component projects while working to ensure the ultimate success and acceptance of the program.
  • Works to understand big picture and/or piece things together and considers both long/short term impact of work to the whole.
  • Can switch from detail to big picture seamlessly.
  • Ability to work in a Global Delivery Model with resources based in various geographic areas such as US/India.

Required Skills & Qualifications:

  • Solid experience in large scale change efforts which are comprised of projects, portfolios and/or programs including change management aspects of delivery across multiple geographically disburse teams.
  • Experience in financial services including CCAR experience. Fraud/Risk and Payments Preferred, Core Banking, Transaction Banking and Infrastructure Experience preferred. FinTech and/or fast paced technology environments as well as solid related business experience. 
  • Demonstrates advanced skills in finance, cross-cultural awareness, leadership, and communication at all levels of the organization (multiple forms), influence, negotiation and conflict resolution. Is seen as a leader within the organization, across Business, IT and at SVB.
  • Demonstrate advanced knowledge of plan development and execution, scope planning, schedule management, cost estimating and control, quality planning assurance, organizational planning, project communications, risk identification/ response control and management
  • Demonstrate strong knowledge of project management methodologies and tools (multiple methods), resource management practices and organizational change management techniques.
  • PMP Certification is required.

To apply please email your CV to the following consultant:  

Nicholas Ferrie
Nicholas.ferrie@trevosepartners.com
020 3763 3903

Transaction Reporting Analyst

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time

Job description:

Reporting to the Transaction Reporting Manager (“TRM”) in Europe, working alongside the businesses, compliance, and IT teams, the TRA will take daily ownership of the integrity of the transaction reporting processes for CELP and CSEL and ensure that complete and accurate data is delivered to the FCA, ESMA and ACER within the prescribed timeframes, for MiFID, EMIR and REMIT reporting. 

The TRA will operate daily quality control checks on considerable volumes of transaction data, ensuring exceptions are verified by the relevant business units and documented accordingly. The function will be continually evolving with more business requirements and reporting regimes added in the future.

Key responsibilities:

  • Daily monitoring of regulatory submissions, ensuring that any exceptions are resolved by T+1 deadline.
  • Accurate completion of daily control metrics to be collated and managed, with a clear understanding of spikes, issues and risks.
  • Distribute metrics daily to Compliance, FO and IT teams. Taking ownership of understanding the data presenting findings and responding to audience questions in a timely manner.
  • Transaction Reporting issues to be understood and articulated clearly to Business and Compliance. Issues to be managed to closure, this can be by IT fix, enhanced control or process improvement.
  • Cross business communication required on a daily basis, ensuring issues are compared and not resolved on a silo basis.
  • Resolution of issues at root cause – identify and analyse issues, proposing solution.
  • Process Improvement – suggest and implement ways to streamline current processes to establish enhanced controls and time savings
  • Ongoing awareness of the regulatory environment and the firm’s adherence to its reporting obligations through the attendance of Industry working groups and/ or forums

 

Required Skills & Qualifications:

  • Hands-on experience of MIFID II and EMIR transaction reporting, including knowledge of regulatory requirements and the day-to-day delivery of reports
  • Proactive and self-starting individual with high levels of ownership
  • A confident and assertive individual, able to communicate effectively with colleagues across the firm - this is a high profile function
  • Motivated by daily operational processes and the opportunity to develop and refine those processes
  • Experience in analysing and documenting system/ trade flows
  • Strong Excel skills
  • Comfortable in a technology led, high volume, complex business environment
  • Inquisitive, wanting to question and understand anything that looks out of the ordinary
  • A keen eye for detail and an emphasis on “getting it right”
  • Dedicated and reliable with a high level of personal and professional integrity

 

To apply please email your CV to the following consultant:  

Cameron Howard
cameron.howard@trevosepartner.com
020 3763 3912

Equity Derivatives Business Analyst

Location: London, United Kingdom
Rate: Competitive
Job Type: Contract, Full time
 

Job description:

 My client, a leading Tier 1 Investment Bank, is looking to hire a senior Business Analyst on a rolling Contract.

Key responsibilities:

  • Partnering closely with Front Office, Middle Office, Back Office, Finance and Operations teams delivering strategic initiatives to define/re-define business processes and implement related technology solutions regarding Equity Derivatives.
  • Build relationships with internal business teams and departments to ensure that the solutions defined meet their operational and technical expectations.
  • Identify regulatory requirements covering, but not limited to MiFID II, EMIR AND Dodd Frank pertaining to affect Equity Derivatives and Swaps.
  • Get involved in process change relating to Trade Capture, Confirmations and Corporate Actions.
  • Working heavily on Swaps side.

Required Skills & Qualifications:

  • Must have working Equity Derivative knowledge.
  • SME in Regulations - MiFID II, EMIR AND Dodd Frank.
  • SQL and Python development experience.
  • Ability to work independently and to use your own initiative to identify and resolve issues.
  • Excellent attention to detail with an high accuracy levels
  • Proven experience in liaising with Traders, Front to Back Office, Senior Stakeholders and clients to resolve issues whilst ensuring client service is maintained (internal or external)

To apply please email your CV to the following consultant:  

Christina Swart
christina.swart@trevosepartners.com
020 3763 3909