Description
A leading Investment Bank in the City of London are looking for a Fixed Income Trade Support Analyst to join their team. This is an initial 6 month contract and paying £250-£300 daily.
Role
The role is within the Trade Support team. The primary functions are to undertake FOBO/MOBO reconciliations, operate TRAX Match, ensure timely and accurate clearing of Interest Rate Derivatives and provide Operational support to the Structured Products and Repo trading desks.
Key Responsibilities
- Perform inter-system, cross entity and exchange trading reconciliations.
- Monitor trade flow of financing business using T0 inter system reconciliation tool to identify and correct exceptions.
- Clear Interest Rate Derivative basis trades via EUREX C7 clearing platform.
- Provide Operational support to the Structured Products trading desk, liaising with IPAs, internal legal and settlements teams to ensure correct setup, trade capture and timely settlement of new issues.
- Monitor TRAX Match for broker trade matching issues.
- Process quarterly EUREX and LIFFE Interest Rate Derivative expiries.
- Process Interest Rate Derivative Option expiries.
- Oversee the full life cycle of the trade, ensuring downstream processes are completed.
- Liaise closely with internal Fixed Income Reorg team to ensure correct booking and timely processing of DWAC conversions and other Re-Org activities.
- Trade allocation and confirmation.
The following skills and experience are required for this role:
- Able to demonstrate a good working knowledge of all Fixed Income products across Rates, Credit, EM, MBS/ABS, Structured and IRD products.
- Have previous experience of Repo Middle Office functions and be able to demonstrate knowledge of all life cycle events relating to financing trades
- Good knowledge of New Issues and Debt Capital markets support processes.
- A good understanding of the post execution trade life cycle from booking, allocation, confirmation and settlement.
Essential System experience
- BLOOMBERG
- EUREX C7 Clearing
- ANVIL
- TRAX Match
If this sounds like you, please apply directly through this site. Alternatively, you can get in touch via the details below.
Huxley, a trading division of SThree Partnership LLP is acting as an Employment Business in relation to this vacancy