Operations - Equity Markets Operations - Associate

Last updated 37 minutes ago
Job Type:Full Time

The Equity Markets Middle Office provides operational support to the Cash Equities, Equity Derivatives and Prime trading businesses. The team works closely with the front office, delivering support to the traders, sales & clients while maintaining a robust control environment.

As a Trading Services Associate, this role will be responsible for understanding trading structures to accurately capture all transactions, complete reconciliation checks, and ensure controls are performed.

Your key responsibilities will include:

  • Perform post-execution trade support, including but not limited to trade bookings and trade lifecycle management
  • Complete intraday / end of day processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately
  • Management of trade exceptions to resolution by working effectively with internal and external parties
  • Work closely with Operations functions and infrastructure groups to support a ‘one team approach’
  • Ensure all controls are diligently performed, completed, and signed off on a timely basis
  • Participate and contribute to the various strategic initiatives; keep improving and evolving processes and business architecture
  • Build an in-depth understanding of all trading structures from both a financial and operational perspective

To be successful you will need:

  • Understand all relevant derivatives and hedging products (OTC and exchange traded options, Swaps, Stock Borrow Loan) and associated strategies
  • Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, and regulatory reporting) and facilitate issue resolution across teams
  • Understand the key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral, etc.) and recognize the impact of the actions of the Trade support team on these areas
  • Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
  • Attention to details and sense of ownership
  • Great team player and the ability to work in a dynamic environment
  • Possess strong analytical and numerical skills including strong problem solving, control, and project management skills