Trade Support Analyst Series 7 and 63 (Max 70hr W2)

Trade Support Analyst III

Client Registrations Required: Series 7 and 63

The PCM Trading Assistants main role & responsibilities fall into Three main categories:

• Risk/Position Monitoring and Trade Execution
  • Understanding of how to monitor trading positions and risks for accuracy throughout the day.
  • Coordinate lifecycle events with designated Sales/Trading Desks to ensure deals are properly reflected in Risk.
  • Contribute daily P&L estimates produce risk explain and investigate discrepancies with Official P&L produced by Middle Office.
• Analytical and Operational Support to PCM Trading Desks
  • Book process and validate trades in Front Office booking systems as soon as deals are executed so that Banks risk/position is updated real-time and applicable regulatory obligations (Dodd Franck EMIR Client etc) are met.
  • Resolve all internal queries from the Trading desk or various Partner Functions (IT Middle & Back Offices Legal Risk...) on client transactions executed by Desk.
  • Strong understanding of Post Trade Processes (Corp Actions Succession Events and Option Expiries) to be able to fully support/execute each request without supervision.
  • Maintain proper documentation of the Front Office operational processes.
  • Follow-up with relevant departments to ensure all aspects related to post-trade processing (incl. trade confirmations Risk/P&L clearing/settlements) are successfully handled vis-a-vis of the clients. Ensure outstanding issues are properly raised to sales/trading and monitored until resolved.
  • Resolve internal queries from the Trading desk or various Partner Functions
• Process & Client Services Improvements
  • Make recommendations for improvement of current processes working with business analysts on projects impacting desk and Front Office Support processes.
  • In partnership with internal and external stakeholders develop solutions to resolve recurring issues and improve customer service.
  • Improve PCM IT framework: report issues/bugs and propose IT enhancements to make the platform more scalable and resilient.

Required Education and Experience

• • Bachelors degree or foreign education equivalent in Finance Economics or Mathematics.
  • Minimum of two years of experience in a Front or Middle Office Trade Support role within Global Markets.

Essential Skills/Competencies :

• • Experience and knowledge to cover clients and execute/price deals with clients.
  • Experience in developing and growing revenues with small client accounts.
  • Demonstrated knowledge in US PCM Markets and its industry infrastructure.
  • Very strong expertise in trade booking validation market lifecycle events settlement and confirmation process for PCM products; including Corporate Bonds CDS Index and Structured Trades.
  • Working understanding of the applicable regulations (EMIR Dodd Frank Client FATCA...).
  • Demonstrated expertise using Excel and VBA to simplify and automate manual Front Office processes.
  • Good knowledge of system architecture (front to back workflow pricers and risk management systems) for PCM products.
  • Demonstrated commercial and collaborative attitude.
  • Excellent communication skills (both written and verbal) including in client communication.
  • Analytical mindset and problem solving.
  • Very strong multi-tasking capability.
  • Attention to detail.
  • Ability to work well under pressure.

Additional Information :

All your information will be kept confidential according to EEO guidelines.

Remote Work :

No

Employment Type :

Contract