Trade Support Associate
Position Purpose
- Provide support & control to the Exotic IRFX Business
- This role encompasses trade validation & booking in booking systems (MO&BO)
Key Responsibilities
TRADE SUPPORT
- Ensure that Rates Derivatives Exotics trades booking are in line with external source (term sheets from Front office) and rectify discrepancies on the same day
- Manually book the deals in Middle Office system, MUREX.
- Monitor and process option exercises and special events
- Post amendments, market events and cancellations
- Resolve queries from BO and other stakeholders
- Assist Front Office in ad-hoc re-booking requests and update in Middle Office systems.
CONTROL
- Comply with internal and external regulatory and compliance requirements
- Ensure all controls are in place and reconciliations front-to-back are investigated and reconciled:
- Emails from Back offices, Middle offices and IT are investigated
- Emails from Credit Risk control are investigated
- Abnormal Trading are investigated and accounted
- Ensuring trades are booked timely on trade date
- Account for missing booking and escalate when necessary
- Checking of daily reports
Competencies
- Basic knowledge in Interest Rates Derivatives products (IRS, CCS, Swaption, Range, Callable) and FX Options
- Familiar with Middle Office Support functions
- Basic knowledge on VBA - Hands on experience to develop and modify Macro spreadsheet preferred
- Murex knowledge preferred
Company Reg No.: 201131609D, Licence No.: 11C4684, EA Reg no: R21100351
