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
020 3763 3912