Trade Assistant

Intelliswift - An LTTS Company is seeking a Trade Assistant to provide support services for Global Structured Products trading desks. The role involves ensuring accurate trade bookings, managing relationships with stakeholders, and adhering to regulatory requirements.

Responsibilities

• Ensure that all new trade bookings and trade amendments are accurately reflected on various trading platforms and updated to properly reflect life cycle events (expiry, reset, dividend, Corporate Actions)
• Ability to take on a leadership role and Liaise with the trading desk and bank stakeholders (Accounting, P&L, Market Risk, VPC, Audit etc.) to ensure that new product setups and downstream flows are accurately setup
• Act as a 1st line of defence to ensure that appropriate controls are in place to reduce operational risk, as well as to corroborate adherence to Approved Product List
• Work closely with IT / PD to automate transactions workflow and create robust trade booking and trade activity monitoring tools
• Participate in system migration and enhancement projects– conduct UAT testing and assess impact of trade bookings on Market risk and P&L impact on trading books
• Proactive to investigate and resolve position, trade and payment discrepancies
• Responsible for completion of EOD process including completeness and reconciliation checks
• Ensure all procedure documents are in place and up to date
• Identify potential risk situations within the scope of Global Trade Support activities, escalating to management as required
• Ensure adherence to directives, internal processes and internal approvals to mitigate risk to the Bank
• Understand regulatory and compliance requirements as prescribed for the business unit to ensure adherence as required
• Ensure adherence to all aspects of FirstPrinciples, Our Code of Business Conduct and Ethics Corporate Policy, as well as all applicable legislation, regulatory rules and requirements, and Bank standards, policies and procedures (P&Ps) for such things as potential conflicts of interest, safeguarding of customer information, trading in securities, anti-money laundering, privacy and disclosure of outside business activities
• Ensure strict confidentiality is maintained for both customer and Bank information to protect the customer and the Bank and to ensure compliance with Bank P&Ps
• Contribute to testing and updating of contingency planning to support the business and maintain continuity of critical processes throughout a contingency event
• Contribute to ensuring all procedures/ standards of team(s) are documented and regularly reviewed and updated as needed in accordance with market best practise guidelines and industry regulations
• Identify opportunities to improve the operational effectiveness of assigned day-to-day Global Trade Support activities
• Deliver exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support
• Develop excellent working relationships with Capital Markets Trading Products desks, Product Operations and other stakeholder groups ensuring we have a global view across the business
• Align individual performance goals to the team
• Demonstrate behaviours that are consistent with "Being CLIENT"
• Provide support of the day-to-day management and direction to a team of employees by assisting in setting the context and direction, defining accountabilities, tasks and assignments, and establishing boundaries for decision-making and approvals
• Support the establishment and maintenance of managerial practices (e.g., creating a collaborative environment) that build a high performance work environment within the team

Skills

• 1-3 years of business related experience in the financial services industry
• University Degree/College Diploma in related discipline
• Knowledge of Vanilla and Exotic derivative products (i.e. Structured Notes, Equities, OTC Equity and Interest Rate Derivatives – Swaps, Forwards, Loans and Bonds)
• Must have Project / Testing experience and worked on on-boarding trading platforms
• Familiar with TraderEH, SwapOne, Imagine, Calypso, Bloomberg
• Knowledge of Financial Markets and Regulatory oversight bodies
• Strong written and oral communication skills
• Ability to work under tight deadlines independently or in a team-based environment
• Strong investigation and problem solving skills and attention to details
• Demonstrates analytical thinking and sound judgement when making decisions
• Good organizational skills, highly motivated and adaptable to a changing business environment
• Good understanding of business unit's risk and regulatory requirements
• Good understanding of internal business partner's business, services and organization
• Knowledge of departmental systems and applications supporting a range of Financial Products
• Advanced Microsoft Office skills particularly in Excel

Benefits

• Hybrid, 2 days, flexibility with what days

Company Overview