Middle Office Trade Support Associate - 12 Months FTC

200.00 - 230.00 GBP Daily
13 Sep 2017
19 Sep 2017
Contract Type

In a dynamic and International environment, you will take in charge the control and support functions of the operations initiated by the London Rates & Cross-Asset Front Office, from the negotiation and recording of the transactions. Your role will be to facilitate and to smooth the processing of the operations in the processing chains by ensuring an effective and relevant support to FOs based in London. As well you will support MO Post-Trade and Operation teams based in Paris.

You will develop various skills: knowledge of financial products such as Interest Rate Swaps, bonds, FX products either vanilla or hybrid & Cross-Asset.

The position is based in the dealing room London. You will report locally to the London Head of Credit & IRD Middle Office and globally to the Head of Paris IRD Middle Office.

Key Responsibilities

Your main responsibilities will be to ensure the proper booking of the transactions. You will contribute to the development of a reliable and effective first level of control function of the perimeter you will take in charge. You will also have the opportunity to participate in various projects related to client business development, to optimize secure transactions and provide control of risks.

You will also participate to business projects such as new markets development or new products, new regulations and market rules.

For compliance and confidentiality issues some tasks may not be performed by you.

Main tasks and responsibilities on the perimeter you will take in charge :

1 Validation / Booking

* First level of trade input control in FO systems (manual bookings)

* Ensure exhaustiveness of daily captures

* Ensure exhaustiveness of Term-sheets sent to other Rates & Equity MO teams
* Modifications in FO systems (valuation impact control)

1 Post trade issue

* Trade Lifecycle Management (booking of events in FO systems)
* Supervision of exercises and expiries of trade options
* Investigation & follow-up on breaks and requests sent by BO or other Rates & Equity MO teams (emails / BSMs)

1 Monitoring

* Collateral reporting on a weekly basis
* Monitoring of the Mandatory Clearing Process in Markitwire
* Monitoring of the Regulatory reporting to DFA & EMIR
* Other duties

* Control and coordination of the CVA fees Process on a weekly basis
* Creation of counterparts and instruments in FO systems
* Support for FO (reporting, monitoring, creation of ctp, etc)
* Ensure the controls and procedures are developed to support the business and reduce operational risk


* Service Quality and Processes improvement:

* Propose and formalise any improvements on controls and procedures
* Develop efficiency initiatives

* Compliance and Governance

* Ensure compliance with CA-CIB CMO and CA-CIB London governance and organisation directives
* Promote operational controls and segregation of duties

* Control and awareness

* Exert vigilance to unusual or inappropriate (i.e. unusual, un-economic or fraudulent) trading practices
* Alert management and position control team in case of suspicion of inappropriate (i.e. unusual, un-economic or fraudulent) trading practices or operations
* Legal and Regulatory Responsibilities

* Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.

* Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.