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Equity Swaps Trade Support
Finance & Investment Industry Company
London, , United Kingdom
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Description
Company Profile
Company is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Company can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile
Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realise the full potential of IT and
e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.
Institutional Securities Group (ISG) Product Operations
ISG Product Operations encompasses two functionally aligned organisations. The first, Trading & Client Operations, provides Operations functions in direct support of activity executed by Institutional Sales & Trading. The second, Clearing Operations, provides Operations functions in direct support for activity cleared by Company on behalf of our clients in Prime Brokerage, Listed Derivatives, and OTC Derivatives. The broad organisation partners closely with Sales and Trading to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. ISG Product Operations partners closely with Shared Services and Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected 'front to back' view of operations to ISG Sales and Trading.
Team Profile
The role falls within EMEA Equity Swap Trade Support which is part of the Global Equity Derivative Operations Group.
The team's main responsibilities are :
Swap trade capture and validation
Lifecycle event processing
Exception management
Static data maintenance
Related project activity (system and process improvements)
Product and control oversight for offshore Operations team
Project oversight for team initiatives
The group is dedicated to providing full support for the flow and structured equity swaps business and has oversight for interest rate swaps for the equity derivative business.
Primary Responsibilities:
- Reconciliation of Trader's risk products and positions to Firm books and records and investigation and resolution of breaks.
- Monitoring of specific system error queues, which require investigation and resolution to ensure the trade flows downstream.
- Trade capture and enrichment of equity swaps and related cash hedges, including corporate action validation and related query resolution.
- Static data maintenance relating to client spread and commission rules.
The role will involve extensive contact with Traders, Financial Controllers, Project teams, Client Service and Global Operations teams and IT along with other related areas that use the output of information from equity swap systems.
Qualifications
Skills Required:
- Bachelor or Masters degree or equivalent
- Strong numeracy and analytical skills
- Accuracy, attention to detail, good organisation skills
- Solid knowledge of Microsoft Office, and/or other relevant applications
- Strong, previous trade support role experience with exposure to trade life cycles and process flows, reconciliation and control functions
- Strong product knowledge in equity swaps or vanilla equity derivatives.
- Experience of servicing and working for and with a global network of people.
- Experience of leading a team
Company is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.