Job Description

Job # : 25-02687

Job Title : Trade Support Anlalyst III

Job Location : New York, NY

Travel Required : No

Client Registrations Required : Series 7 and 63

Job Description :

• Risk/Position Monitoring and Trade Execution
  • Understanding of how to monitor trading positions and risks for accuracy throughout the day.
  • Coordinate lifecycle events with designated Sales/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-a -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 :

• • Experience and knowledge to cover clients and execute/price deals with clients.
  • Experience in developing and growing revenues with small client accounts.
  • 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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