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Trade Support

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1 Vacancy
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Job Location drjobs

Newark - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

Step into a pivotal role as a Trade Specialist within the Stock Borrow Loan Middle Office where your diverse strengths and capabilities will drive success in equity trading. Engage daily with external counterparties and traders managing collateral exposure counterparty relationships and supporting the Front Offices needs.

Job Summary:

As a Trade Specialist within the Stock Borrow Loan Middle Office you will possess a wide variety of strengths and capabilities. You will liaise with external counterparties & traders on a daily basis. Regulatory reporting client onboarding and collateral (cash and stock) management are the main functions of the team along with the control and clearance of all exceptions and cash flows that the trade lifecycle creates.

Job Responsibilities

  • Perform daily collateral exposure management
  • Manage counterparty relationships
  • Support the daily requirements of the Stock Borrow Loan Front Office
  • Liaison with clients counterparties and traders to investigate & resolve any trade exceptions
  • Reconciliation & investigation of all key controls within the trade life-cycle
  • Production of daily metrics in relation to key risk and performance indicators
  • Support the regulatory reporting requirements
  • Support the new and incremental client onboarding agenda working with Know Your Client Legal and Credit team
  • Exception management and updates to supervisors

Required qualifications capabilities and skills

  • Good communication skills and ability to develop relationships with internal and external parties
  • Highly numeric person with excellent attention to detail in all areas
  • Ability to work in a pressurized environment meeting tight deadlines on a daily basis
  • Ability to quickly learn complicated operations tools and systems through 1:1 training
  • Ability to work as a team player
  • Strong Data analytics and accuracy
  • Basic experience with excel and other Microsoft Office applications
  • Well motivated and enthusiastic

Preferred qualifications capabilities and skills

  • Demonstrate an understanding of how operations interacts with relevant businesses
  • Experience in proactively identifying areas for process productivity quality and control improvement
  • Willingness to invest time in keeping up to date on industry standards
  • Proficient with excel and other Microsoft Office applications


Employment Type

Full-Time

Company Industry

Department / Functional Area

Operations

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