Rates Trade Support Analyst
Daily responsibilities include :
* Ensuring all structured trades are booked correctly in trading systems. Products include swap, Swaption,
ELN, multicallable option, quanto, CMS, corridor, inflation trades, trigger, spread option, digital,
cumulative reverse floater, aggregate coupons, snowball, snowblade cdo
* Provide daily support and event management to the traders in relation to trade expiries, call dates,
resets, etc.
* Contribute to team discussions in relation to the continuous development of the booking systems for
structured and complex rates hybrids trades to ensure a robust and scalable infrastructure
* Liaise with back office Operations to help eliminate trade breaks
* Document and maintain internal database of any "supplemental" trades
* Verify all manually computed structured coupon amounts (e.g. range accrual estimates, Inflation…)
* Constant liaison with Traders, Operations, Product Control, Market Risk, Audit, Quant Developers
* Work with the Confirmations team to ensure transaction confirmations reflect with what has been booked
* Partake as a team or drive individual Rates related projects, seeing through to completion.
* Develop booking templates that define all the key transaction attributes in conjunction with traders, risk
management and valuations.
The successful candidate will ideally be:
* Degree educated, preferably a 1st class degree within finance, economics or other quantitative discipline.
* Have a proven history of working within Structured rates products (eg. Bermudan, Range Accruals,
Snowballs, etc)
* Have very strong understanding of the trade life-cycle.
* Have experience in reviewing and approving legal confirmations
* Extensive experience in using trade booking systems
Leave a Reply
You must be logged in to post a comment.