Futures Processing position

London  ‐ Onsite
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Description

Futures processing opportunity

This is an opportunity for a futures processing position for a leading bank in London, this role is responsible for a number of specific processes and deliverables within Global Payments, Markets Operations.

For this role you will have responsibility for meeting daily, weekly and monthly deadlines in relation to the accurate and timely settlement of the Futures business, accurate reporting, communication and escalation, and managing multiple relationships across business areas.

Day rate: £360-£400 a day

Contract: 3 months

Location: London

Key requirements:

* Experience of working within a team managing the processing of self-executed and self-cleared Futures business across multiple exchanges; specific exposure to ICE would be a benefit

* Processing intra-day Futures business within GMI and up/downstream systems (eg settlement, GL, and reconciliation platforms)

* Experience of the calculation of Initial and Variation Margin, and investigating any differences between GMI and the Exchange (or clearer)

* Experience of proactive daily interaction with exchanges and/or other clearers where appropriate

* Experience of proactive interaction and collaboration with FO, MO and BO teams in relation to GMI, Rec, Brokerage or Exchange queries

* Understanding of the requirement and impact of posting manual cash entries into GMI, as well as trade amendments, collateral, fees and commissions

* Experience of investigating and resolving Futures related reconciliation breaks in a timely and effective manner

* Will have a detailed understanding of the main features of a range of procedures and/or products and services within the Futures business

* Detailed understanding of all roles within own team and able to implement improvements

* Where appropriate, will have a good knowledge of the regulatory practices which impacts on own work and/or the work of the section

* Has an understanding of the environment in which the business area/unit operates together with a good awareness of the likely impact of economics, political, social and regulatory change on the products/services provided

Start date
ASAP
Duration
3 months
From
Huxley Banking & Financial Services
Published at
01.03.2016
Project ID:
1081710
Contract type
Freelance
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