Trade Support Analyst I Daily Apply
Risk/Position Monitoring
Understanding of how to monitor trading positions and risks for accuracy throughout the day.
Coordinate lifecycle events with designatedSales/Trading Desks to ensure deals are properly reflected in Risk.
Contribute daily P&L estimates, produce risk explain, and investigate discrepancies with Official P&L produced by Middle Office.
Analytical and Operational Support to PCM Trading Desks
- Book, process and validate trades in Front Office booking systems as soon as deals are executed, so that Bank's risk/position is updated real-time and applicable regulatory obligations (Dodd Franck, EMIR, Client, etc) are met.Resolve all internal queries from the Trading desk or various Partner Functions (IT, Middle & Back Offices, Legal, Risk ) on client transactions executed by Desk.Strong understanding of Post Trade Processes (Corp Actions, Succession Events, and Option Expiries) to be able to fully support/execute each request without supervision Maintain proper documentation of the Front Office operational processes.Follow-up with relevant departments to ensure all aspects related to post-trade processing (incl. trade confirmations, Risk/P&L, clearing/settlements) are successfully handled vis- -vis of the clients. Ensure outstanding issues are properly raised to sales/trading and monitored until resolved. Resolve internal queries from the Trading desk or various Partner Functions
- Process & Client Services Improvements
- Make recommendations for improvement of current processes, working with business analysts on projects impacting desk and Front Office Support processes.
- In partnership with internal and external stakeholders, develop solutions to resolve recurring issues and improve customer service.
- Improve PCM IT framework: report issues/bugs and propose IT enhancements to make the platform more scalable and resilient.
Required Education and Experience
- Bachelor's degree or foreign education equivalent in Finance, Economics, or Mathematics.
- Minimum of two years of experience in a Front or Middle Office Trade Support role within Global Markets.
- Demonstrated knowledge in US PCM Markets and its industry infrastructure.
- Very strong expertise in trade booking, validation, market lifecycle events, settlement and confirmation process for PCM products; including Corporate Bonds, CDS, Index, and Structured Trades.
- Working understanding of the applicable regulations (EMIR, Dodd Frank, Client, FATCA ).
- Demonstrated expertise using Excel and VBA to simplify and automate manual Front Office processes.
- Good knowledge of system architecture (front to back workflow, pricers and risk management systems) for PCM products.
- Demonstrated commercial and collaborative attitude.
- Excellent communication skills (both written and verbal), including in client communication.
- Analytical mindset and problem solving.
- Very strong multi-tasking capability.
- Attention to detail.
- Ability to work well under pressure.