Credit Derivitive Middle Office Manager recruitment
A top tier Investment Bank requires a CDS Middle Office Manager to manage a team of 4 responsible for the full trade support offering across cash bond and vanilla credit default swaps. This is a tremendous opportunity for someone with previous supervisory trade support experience in relation to credit derivatives. You function will be to manage a team of 4 covering the cash bond and vanilla credit default swaps.
This is a hands on management role and your time will be split between man management, signing off work and processing the following:
*Verify trades against recaps on trade date
*Actively support the traders in getting all the correct details while adhering to all DTCC timelines
*Assist in end of day reconciliations capturing missing trades, trades with unusual PL indicating that they may have been booked incorrectly
*Assist in daily and weekly clearing
*Manage the process of CDS credit events in conjunction with the restructuring / bankruptcy deal team
*Monitoring of CDS novation platforms and consents as well as assisting in the planned novation re-engineering
The ideal candidate must have:
*Prior Middle office / Trade Support managerial experience within an investment bank
*In-depth knowledge of credit derivative products including CDS
This is a maternity cover paying around £350 - £400 per day
If you match the above criteria and are interested please apply online or contact Daniel Jordan on 0207 390 7290