Associate, ForexClear Operations
Associate, ForexClear Operations
The Operations team currently manages all operational aspects of the service,
Candidates should possess 3+ years experience working in an operations role for an Investment bank or similar firm within the financial markets.
A sound knowledge of FX products with an understanding of NDFs FX Options is required, and previous experience of OTC clearing is beneficial.
The successful candidate will show an ability to communicate in a clear, concise and confident manner, both written and verbally,
This role involves a degree of involvement in the change process, working closely with other teams in the organisation, so experience in managing small projects is preferable.
We are seeking a pro-active, confident and well presented individual who possesses a high level of aptitude for taking ownership of processes and shows a desire to progress, develop and learn
Responsibilities
Monitor EOD margin run and intraday Risk Runs to establish member liabilities· Monitor the cover distribution process to compare liabilities to assets lodged with the clearing house· Oversight of Margin Calls to cover increases in liabilities. Understand and assign ownership of queries; delivering a quick turnaround in a professional manner in order to maintain the reputation of the service is key·
Production of daily, weekly and ad-hoc MIS for internal and external interested parties.·
Attend regular service reviews where relevant with members, clients and 3rd party service providers·
Provide expertise and act as an SME on Operations for ForexClear Sales teams
Also dealing with -
Static Data Maintenance ·
Default Management ·
Assist the business in additional project work, contributing on the design and development of new products ·
Participate in UAT cycles
Operational Risk ·
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