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Trade Support Analyst I Daily

  • ... Posted on: Feb 11, 2025
  • ... Amicis Global
  • ... Chesterbrook, Pennsylvania
  • ... Salary: Not Available
  • ... Full-time

Trade Support Analyst I Daily   

Job Title :

Trade Support Analyst I Daily

Job Type :

Full-time

Job Location :

Chesterbrook Pennsylvania United States

Remote :

No

Jobcon Logo Job Description :

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.
Essential Skills/Competencies:
  • 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.

Jobcon Logo Position Details

Posted:

Feb 11, 2025

Employment:

Full-time

Salary:

Not Available

Snaprecruit ID:

SD-CIE-bc5b77235e3c6a739e33639496b44ac8ceb3348602ca40a948220612f3092163

City:

Chesterbrook

Job Origin:

CIEPAL_ORGANIC_FEED

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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.
Essential Skills/Competencies:
  • 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.

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