Fixed income derivatives trade support analyst recruitment
Main responsibilities
* Support the sales/traders on a daily basis to ensure that all trades are validated and settled correctly.
* Monitor the day to day operations to ensure settlement instructions to clearing agents are sent and authorized as soon as possible, trades are settled on time and all potential fails or failed trades are followed up promptly.
* Provide support to business with regards to new business, products and client request.
* Liaise with Front Office, Overseas Office, local brokers, clearing agents and clients in resolving settlement problems.
* Provide support to Front Office for existing product and new product initiatives.
* Understand the clients' requirements in the trade cycle and provide status updates to clients according to their requirements.
* Review the daily control reports to ensure that all failed settlements are followed up promptly.
* Undertake ad-hoc projects as required by management
Job requirements
* Experience of Settlement function and a good understanding of trade life cycle and settlement end-to-end flow for fixed income products.
* Maintain a high level of accuracy and be vigilant when validating the settlement instructions and authorizing payments.
* The candidate also needs to have high control awareness. A high degree of judgment is required in handling non-routine/irregular issues. Instant response and quick decisions are perpetually required to meet deadlines.
* Exposure to a middle office or trading environment. Previous derivatives experience will be an advantage.
* Strong communication skills. Ability to articulate issues and communicate clear course of action, managing stake holders expectations.
* Analytical skills. Need to quickly develop an understanding of the infrastructure and end to end process.
* Good communication skills in both English and Cantonese.
Interested candidates should send over an updated version of their word formatted CV to jmcegan@morganmckinley.com
