Equity Derivative Trade support, VP (REF:00054801) recruitment

1. Business


Role of Unit:

RBS Equities offers derivative products, securities finance and equity linked products, and structuring in core equities. There are approximately 1,250 Front Office members of staff in 24 different countries.
 

Products / Services:


Aims / Objectives:

To be a Top 5 Equities Derivatives house with a strong Core Equities platform and a leading Primary business to the Bank's chosen client base.

Specifically the Trading and Equity Derivatives business offers a wide variety of products to suit different investors’ market views and risk appetite. This includes approximately 30,000 products in 25 countries on multiple underlyings, in a variety of different wrappers, to cater for investors needs. The business consists of the following desks:

2. Operations Team


GBM Operations operates in Europe, Asia Pacific and the Americas. We have a presence in more than 40 countries and over 3,000 members of staff globally.

The Global Equity Operations Team is approximately 400 in number. Operations support all Origination, Secondary Cash Equity, Equity Financing, and Securitised and OTC Equity Derivative business and are organised in the following functions:

  1. Transaction Management
  2. Equity Derivative Operations
  3. Security Operations
  4. Asset Serving Operations
  5. Reconciliations and Control
  6. Change Management

The teams are split across our London, HK, NY and Tokyo business centres with support from Operating Centres in UK (Newcastle-Under-Lyme Manchester), Singapore and Mumbai.

3. Role

Hong Kong Transaction Management team total approximately 25 people made up of desk aligned teams. The responsibilities of the team include Trading and Sales support for the different Equity Businesses as well as acting as an independent control function. The Equity Derivative Trade Support Group is responsible for Trade Affirmation, Position Keeping, Lifecycle Processing and Controls. These are the first line checks which ensure that trading are managing risk on Equity Derivative products consistent with the terms being confirmed to our counterparties.

The role provides a dedicated support to the Equity Derivative business, this support requires strong multi-faceted individuals who are able to understand the lifecycles of the products traded, the systems and the risk and controls required to protect the business.

The individual will be required to establish close working relationships, at all levels, with both Front Office and Support Staff (e.g. Credit, Finance, Market Risk, Legal IT) allowing for an integrated and proactive approach to the business requirements. Developing excellent technical knowledge and communication skills will be essential to success in the role along with the ability to identify process and change requirements

4. Responsibilities

Technical and Banking Knowledge

Control Function

Trader Support and Customer Service

Communication

Projects and improvements

5. Personal Attributes

In addition to financial benefits, we also offer a range of global career development opportunities, learning and development programmes and a flexible benefit scheme which can be tailored to suit your individual needs. All of which creates a truly flexible package to fit your changing needs and lifestyle.