The primary responsibility of our trade support and operations team is to maintain a first-class operational infrastructure for the FX trading and sales desks to mitigate operations and financial risk to the Global FX / Rates business by providing a high quality control environment.
Our operating model must remain flexible enough to adapt to innovation and new technology / regulatory requirements for the business, yet scalable enough to sustain a rigorous controls environment.
As a Trade Support Analyst, your job function will include performing end-to-end controls along the trade lifecycle from trade execution and capture including analysis and verification of trade positions and valuations as well as timely and accurate monitoring of daily processes.
The role will also include reconciling positions and trade details between various risk management systems and upstream execution platforms as well as investigating and resolving trade or system issues.
Additional tasks include trade booking / verification, P&L explanations, stress testing, MIS reporting, query management / resolution and various ad hoc project related tasks such as new regulatory and compliance mandates.
The environment is fast paced and has a very high trade turnover so adaptability and the ability to multi-task are critical.
As this is a middle office role, you will be communicating with a wide variety of areas critical to supporting the business including Trading, Sales, Business Management, Finance, Operations, Technology and Market / Credit risk teams.
Maintain trading operations system integrity for our global FX / Raa trading business
Control the risk management environment to ensure accurate P&L and risk measures are available in real-time for our trading desk
Perform numerous control reconciliations to verify trading positions are accurate through front office to middle office recs, middle office to back office recs including EOD checkouts and P&L signoff
Investigate and provide solutions to various queries from settlements and confirmations, collateral and credit disputes
Production of Management Statistics, including but not limited to Key Performance and Key Control Indicators
Complete operations projects and ad hoc requests to satisfy new initiatives and operations / technology enhancements
Proactive in identifying issues / gaps and opportunities for new process improvements, taking appropriate actions to deliver simple and innovative solutions that improve the way we do business
Education & Experience
BA or BS degree is required (Finance or Business degree) Not in progress
Previous experience in Finance industry (Ops roles) desired
Control oriented with a focus on efficiency and process improvement
Quick learner with a strong sense to question and understand all details behind the processes and numbers
Independent / analytical thinker who can quickly assimilate situations through to the associated risks, business or control issues
Works well under pressure leveraging their initiative to fully develop their role
Basic understanding of FX or derivatives products is required, even if not a related working experience
Problem solver, proactive and able to work independently
Strong analytical and quantitative aptitude, very detail oriented
Operations and control mindset, strong ability to prioritize and deliver quality work using time management skills
Highly organized and self-motivated, enthusiastic attitude
Understands the large financial risks that can be incurred through operational errors and control risks
Strong PC Skills required; in particular MS Excel (VBA a plus), MS PowerPoint and Sharepoint
Team player with excellent interpersonal skills
Fluent in English & Spanish