Sales Assistant – Fixed Income Derivatives MO recruitment

Job Title: Interest Rates Derivatives Middle Office Analyst.

Our Client, a Tier One Investment Bank is looking for a Sales Assistant to provide Administrative Support to Multi Asset Class Sales desks across Europe.

The successful candidate will:

*Assist Sales desk with Trade Capture in Derivative products.
*Assist Sales desk with ensuring Trade Date affirmation via automated or manual mechanism mitigating risk
*Performing and monitoring intraday and T+1 controls
*Query management and escalation
*Assist Sales Desk in processing and confirming client transactions, managing internal client trade related processes.
*Provide support for the e-commerce transactions and act as liaison with other Sales Desks.
*Act as an extension to the sales forces in providing sales support for Interest Rate Derivatives.
*Extensive liaison with Client facilitation requests or resolving queries / trade disputes

Main Duties

*Trade Capture of mainly vanilla IRD products
*Trade exception management
*Extensive client interaction and client service
*Document and retain accurate procedures
*Trade Reconciliation and intraday/T+1 controls
*Query Management and escalation
*Demonstrate proactive approach to efficiency gains and enhancements
*Support ad-hoc management reporting through data extraction and manipulation

Person Requirements
Qualification / Education Required:
*Good school education A Level or equivalent.
Qualification / Education Preferred:
*University Degree or equivalent

Experience Required:
*Understanding of Fixed income and their derivative products.
*Understanding of Derivative markets and their end to end processes.
Vanilla IRS/OIS/FRA/Swaption/Cap/Floor experience will be more useful than exotic and structured product knowledge, although knowledge of ZC and ZC ILS will also be beneficial.
*Typically Middle Office or trade support background with a strong emphasis on control.

Skills / Aptitude Required:
*Experience with Marketwire
*Ability to book a high volume of trades accurately in a pressured environment
*Strong analytical skills.
*Strong focus on risk and control
*Proactive though process to minimising risk, improving control or maximising service
*Ability to maintain and prioritize numerous projects simultaneously.
*Good with Excel, PowerPoint.