Associate Trade Support FTC

Job Description

10-12 Month FTC. Our client is looking for a FTC candidate to join their team dealing with the primary and secondary markets for Fixed Income, Equities, Structured, Financing and Derivative markets. Their operations team play a key role in delivering an optimal, full-spectrum service for all clients supporting functions including Middle Office, Collateral Management, Client On-boarding, Settlements, Cash Management and Control. Members of staff develop a wide range of understanding of the businesses and an appreciation of the end-to-end processes supporting the life-cycle of a transaction. In addition to core responsibilities, operations support new business proposals, regulatory change and general initiatives to improve the way the department operates. Primary responsibilities include: 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 (Primary and Secondary ) , offering a high level of trade support; Monitor and process bond and Equity and CB trades in Omego CTM; Bloomberg TOMS ( Trade and Sales blotters ) . 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; Trade matching in TRAX with clients; Monitor and reconcile fees including Commissions, Sales Credits and Brokerage Fees. Take a keen interest in the Operations strategy and 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 silos 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. Experience: Essential Proven Operations experience at an Investment Bank Full understanding of trade lifecycles Technical Knowledge, Skills and Qualifications: Essential 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. Desirable Understanding of broader upcoming regulatory issues and their impact on the industry, MHI, and the group; Project Management / Contributed to Projects as an SME Educated to degree level or equivalent experience.