Trade Support Job Description
Trade support
provides BAU support of ANZ FX Electronic Pricing and Trading Applications and their associated STP pricing and trade flows.
Trade Support Duties & Responsibilities
To write an effective trade support job description, begin by listing detailed duties, responsibilities and expectations. We have included trade support job description templates that you can modify and use.
Sample responsibilities for this position include:
Assist in troubleshooting issues with Investment Manager partners
Communicate between Investment Managers, Sales Support Desk, Middle Office, and Financial Advisors on trading issues and policy/procedure decisions
Support testing/UAT efforts for all enhancements of proprietary trading systems, including extended and unconventional hours
Work directly with traders in solving application issues
Work directly with business and technoliogy teams to ensure supportability for all applications
Follow firm standards for Change, Incident, and Problem management
Highlight and manage any technology risks and work with teams to resolve
Helping and supporting the Risk team as they continue to develop and improve our internal risk reporting
Designing processes around and PL verification for newly traded product types
Monitoring OTC confirmations, daily risk reporting, and early exercise/assignments of option positions
Trade Support Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Trade Support
List any licenses or certifications required by the position: CFA, SCCM, ITIL, UK, MS, FSCM, CCS, CDCS, CCVP, CCNA
Education for Trade Support
Typically a job would require a certain level of education.
Employers hiring for the trade support job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Economics, Accounting, Communication, Education, Computer, Engineering, Computer Science, Mathematics
Skills for Trade Support
Desired skills for trade support include:
Trading operations
Excel
Trade lifecycle
Experience supporting a trading business
LSTA Standard Terms and Conditions
Securities industry and applicable regulatory requirements
Microsoft Office
Loan product
Relevant applications
FX
Desired experience for trade support includes:
Ability to communicate effectively in both verbal and written formats, interact effectively with all levels of personnel, both inside and outside of the firm
US Equity ,Options, Futures, Options on Futures, Basket Swaps & Swaps
Asia & European Equity, Options, Futures, Options of Futures, Single stock futures, Basket Swaps & Swaps
4 years Trade support experience in a Hedge Fund or Prime Brokerage
Ability to handle trade volume of 50 to 100 trades per day in a multiple Portfolio Manager and legal entity environment
Ability to handle settlement issues in Asia & European markets in a multi prime situation
Trade Support Examples
1
Trade Support Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of trade support. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for trade support
- Deliver a bankwide Risk Assessment rollout and execution plan in conjunction with franchise/function Heads of Control
- Shape the execution of Risk Assessments arising from Transformation and the rollout of new methodologies
- Provide QA of franchise-led Risk Assessments against agreed standards / new methodology
- Define the strategy regarding the incorporation of the Banks risk assessment methodology into the Control Transformation Programme
- Scoping, planning and delivery of multiple assessments across different businesses and functions
- Developing detailed insight and mapping of key risks and associated controls within the Bank’s Crisis Causing Services / E2E operations
- Lead the integration of the various risk assessments under way regarding the CCS’s to minimise drain on the Business whilst supporting the various strategic programmes eg Atlas
- Track and report daily trace activity from FO when needed
- Back up the TBA-Margin group as and when required
- Assist with US Treasury Auctions and Buyback operations
Qualifications for trade support
- Previous experience in Equities technology
- 5-7 years of experience supporting an execution desk in at least one the following asset classes • Equity Derivatives
- 2+ years of previous Trade Support experience
- Familiarity with Emerging markets, Operational controls, Repos, Project Experience is a plus
- Candidate must have strong depth in Credit Derivatives
- Bloomberg, Visual Portfolio Manager, Calypso, Wall Street Office, DTCC, IceLink, TriResolve
2
Trade Support Job Description
Job Description Example
Our company is searching for experienced candidates for the position of trade support. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for trade support
- Risk and pnl explains
- Structured trade modeling - risk and pnl analysis
- Ad-hoc scenario reporting
- New product implementation
- Understand and ensure compliance with regulatory requirements
- Market data management
- Query management and problem solving
- Maintaining strong working relationships with Back, Middle and Front Office
- Responsible for planning moves and changes
- Experience supporting users on a trade floor environment
Qualifications for trade support
- Daily support of traders that specialize in Government & Agency Debt products
- Interact daily with Trading, Sales and all areas of Operations to facilitate trade processing (STP) from front-end through to settlement
- 3-5 years of experience in Finance/Trade Capture/Fixed Income Operations, preferably with a Primary Dealer/Major Financial Institution
- Knowledge of Fixed Income products, Futures and Derivatives essential
- Understanding of fixed income calculations in regards to Profit and Loss reporting is key
- At least 5 years of experience as a trade floor support - must have experience working in a trade floor environment
3
Trade Support Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of trade support. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for trade support
- Direct, review and approve product designs and changes
- Support and maintain the firm's desktop infrastructure systems
- Work shifts in accordance with trading times
- Act as a liaison between for the trading desk on any trade/settlements related issues
- Work on streamlining trade support operations to create cost benefit solutions
- Notify Repo desk of potential impact of funding position swings
- Submit for trading desk during FOMC operations via TAAPS/FedTrade terminals
- Timely intraday trade confirmation
- Participate in UAT system testing
- Assist Controllers with P&L discrepancies
Qualifications for trade support
- Strong troubleshooting skills, a problem solver - expert in identifying cause of issue and resolving it in a quick manner
- Expert in software installation and updates on desktop and laptops - Excellent in Windows 7 and Office 2010
- Extensive experience of the practical application of the risk framework through risk assessment activity and related activity
- Ability to work collaboratively and provide leadership and direction
- Ability to challenge and influence Business at a strategic and operational level
- Capability to identify Business opportunities and the drive to crystallise these through influencing at executive level (CEO -2)
4
Trade Support Job Description
Job Description Example
Our company is searching for experienced candidates for the position of trade support. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for trade support
- Independent trade confirmation for all fixed income desks in DCG
- Run Monthly Inventory Reports for Mortgage Desk
- Facilitate the settlement of Physical Securities for the ABS/MBS/CLO Desks
- Advise MBS Pass thru desk of all open TBA positions to be rolled
- Set up new accounts for DCG and ETF
- Provide DCG sales support counterparties with the correct allocations
- Trade confirmations for Central Funding ETF, LLC ETF, and Fixed Income desks in CFG and DCG
- Assist in the research and resolution of various equity and FI corporate actions, including processing on behalf of the trading desk
- Review and resolve all position, trade and cash reconciliation breaks (GTS, Sophis, TOMS, ICI, ADP)
- Monitor ACT / TRACE reporting exceptions thru surveillance and daily reports
Qualifications for trade support
- Extensive banking experience, across a broad range of products and clients
- Strong leadership and people development capabilities
- Ability to translate risk terminology, methodology and regulatory expectations into simple, meaningful and powerful business language
- Solid understanding of Mortgage Backed Securities and US Treasuries
- Familiar with UST Auction and Buyback process (TAAPS, FedTrade)
- 2-3 years of middle office or similar experience, ideally in trade support
5
Trade Support Job Description
Job Description Example
Our growing company is looking for a trade support. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for trade support
- Manage the onboarding process for new DCG / CFG counterparties
- Test new products and flows as the trading systems change
- Provide monthly inventory reporting for Mortgage Desk
- Act as liaison between trading and operations staff
- Assist with the input of trade information and the reconciliation of previous day trading activities
- Identify trade settlement issues while offering solutions to minimize risk and costs
- Research security prices
- Logging and categorization of incidents and requests in an ITIL based call management system (Service-Now)
- Resolving where appropriate incidents and requests at first point of contact using remote control tools or desk side visits
- Document solutions and provide them centralized on knowledgebase
Qualifications for trade support
- Stong Unix background
- Track record of working in demanding high paced environments
- Understanding of the end-to-end trading flow
- Familiarity with Greeks, risk management and pnl
- Fixed income and option knowledge is a significant plus
- Familiarity with emerging markets is a plus