Brokerage Associate
Title: Brokerage Associate
Department: Global Brokerage Services
Location: Singapore
Role Summary
The successful candidate will monitor daily and monthly activities through eGains ensuring that every transaction is monitored. Egains is an electronic media to pay and receive brokerage fees for the Newedge execution clearing business of specific exchanges.
Candidates for this position should hold the following qualifications and be able to demonstrate the following abilities to be considered as a suitable applicant. Please note that except where specified as preferred all points listed below are considered minimum requirements.
Responsibilities
- Daily and monthly reconciliation of execution clearing business for specific exchanges, using egains / Ubix Egus
- Highlighting the discrepancies identified during the reconciliation between egains UBIX and with the help of egus agreement, need to report the discrepancies to the respective parties (Internal or External)
- Need to work closely with other egains firms, in order to match all executing and clearing trades within cut off period
- Strong communication is required with documentation teams, to resolve the issues caused by Egus agreements
- Prepare allocation summary for all the payments receipts occurred fromegains transactions
- Attend weekly FIA calls to gain knowledge on the happenings related to egains Egus.
Requirements
- University degree in Finance, Accounting, Mathematics or Computer Science
- 3 years of experience in investment banking
- Experience / knowledge of Ubix GMI systems would be an added advantage
- Knowledge of advanced Excel / Access / VBA SQL is preferred
- Good communication skills
- Ability to think / act outside the box
About Newedge
Formed by Société Générale and Crédit Agricole CIB as a 50/50 joint venture, Newedge is a leading force in global multi-asset brokerage. A solid and impartial player, we are independently managed and regulated.
Newedge offers a full range of execution and clearing services covering options and futures contracts for financial products and commodities, as well as for money market instruments, bonds, FX, equities and commodities on OTC markets. Newedge also provides a range of value added services including prime brokerage, asset financing, electronic trading and order routing, cross margining, and the centralized reporting of client portfolios.
Newedge is an equal opportunity employer. For more information about Newedge, visit www.newedge.com.
Leave a Reply
You must be logged in to post a comment.