Hong Kong
Corporate Operations Group (COG) provides specialist professional services, human resources, workplace infrastructure, and technology and market operations to Macquarie's businesses. The primary purpose of COG is to support and enhance the value of Macquarie through the creation of an efficient, scalable operating model. This is evident across the activities of each of the divisions which comprises of Business Improvement and Strategy Division (BIS), Business Services Division (BSD), COG Business Management, Human Resources Division (HR), Market Operations and Technology.
Macquarie Securities Group (MSG) encompasses Macquarie's institutional stock broking, equity derivatives and equity finance activities. MSG utilises its skills in research and risk management to develop equity-based financial solutions and services for clients globally.
Macquarie Securities Group Documentation team is employed in a Middle Office capacity to provide operational support to the Macquarie Securities Group derivatives and Delta 1 trading business.
Key Responsibilities:
- Resolve client and internal department queries.
- Drafting and reviewing ISDA legal confirmations across a variety of Equity Derivative Products (including but not limited to Accumulators, de-accumulators, Equity Swaps, Futures Swaps, Vanilla and Exotic OTCs).
- Careful analysis of incoming documentation, reconciliation of information across systems, ensuring data integrity and running of management reports.
- Confirmation and tracking of OTC deals using electronic platforms such as DTCC and Markitwire.
- Day-to-day interaction with Sales, Trading, Legal and other relevant departments to negotiate solutions to complex problems and establish guidelines governing trading.
- Key point of point of contact for the Business and other key stakeholders in regards to confirmation or affirmation, ISDA queries, outstanding confirmations and the inherent risk associated with them.
- Keep informed of current ISDA practices in order to ensure that future industry developments are considered for incorporation into current Macquarie procedures.
- Maintain the highest level of client service.
- Review and improve current processes to ensure appropriate controls and procedures are in place to comply with ISDA requirements and minimise operational risk.
- Involvement in new project initiatives to streamline and improve current system processes.
- Ensure relevant risk measures are adhered to at all times.
To be successful, you will:
- Hold appropriate tertiary qualification in a legal, finance or business related discipline.
- Have 1-2 years ISDA experience, Equity Derivatives knowledge is desirable.
- Be able to display a good understanding of operational risk.
- Display a keen interest and understanding of the financial markets and equity derivative instruments.
- Possess strong numeracy skills and a high level of attention to detail and accuracy.
- Be highly motivated, a self-starter, with strong communication and relationship building skills.
- Have the aptitude for understanding a variety of systems and procedures.
- Submit a covering letter and concise resume (as one document).
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