Junior Middle Office Trade Support – Investment Bank recruitment
SUMMARY:
- Support Operations teams within Prime Finance and Equities
- Covering trade handling, short cover and fails management, funding, exposure and collateral management
- This is a client-focused role with large volumes quick turnarounds
- Cover a number of markets and client accounts, and will be the main point of contact for all operational queries related to the day-to-day duties. The successful candidate will interact closely with clients and internally across Client Service desk, SBL desk, Middle Office and Operation
RESPONSIBILITIES:
- Trade handling across equity finance, including trade processing, fail and short cover, exposures and collateral management, recalls / replacements, borrow returns
- Management of client settlement activity, liaising with settlements and clients to resolve any issues
- Main point of contact for operational / desk queries
- Review exposures
- Documentation and publication of MIS where required
- Completion of all daily processes and controls including ad-hoc tasks that may be assigned with focus on automation of manual processes
- Performance will be measured by evaluating the ability to identify issues, skills on following up and monitoring breaks / reconciliation items
REQUIREMENTS:
- Degree educated with excellent English
- Solid market knowledge for some or all the Pac Rim markets
- Rounded product knowledge of equities, swaps, futures, options and derivatives
- Experience in APAC settlements, margin, exposures, MTM calculation, Reconciliation Control process is preferred;
- 1 -4 years experience in Prime Finance or related products, and / or Reconciliation and Control functions
- Self-motivated learner who will make every effort to learn understand Stock Borrowing Lending and Funding, with cross training coverage on Prime Brokerage and margin
- Focus on internal controls and procedures essential
- Must work well under tight deadline and high pressure
- Good understanding of Bloomberg with PC and typing skills i.e. Microsoft Excel, Word and Power Point
- Good understanding of Corporate Events and Asset Servicing
- Hours can be demanding; ready to work during most Hong Kong holidays; require continuous efforts to research and communicate with various parties.
- Knowledge on operational support with settlement experience in Global markets is preferred but not essential
Stock Lending and Borrowing is Mandatory!
IMPORTANT - If you qualify, please send your customised CV in MS WORD format to commerce@aptitudeasia.com along with the "Job Title" on the Subject heading
For enquires for other potential positions, please email with "ENQUIRY" on the Subject heading
May 3, 2012
• Tags: Investment Bank recruitment, Junior Middle Office Trade Support, Operations careers in the Hong Kong SAR • Posted in: Financial