Middle Office Trade Control Analyst for Markets junior level
|Reference # :||17-05543||Title :||Middle Office Trade Control Analyst for Markets junior level|
|Location :||New York, NY|
|Position Type :||Direct Placement|
|Experience Level :||Start Date :||06/12/2017|
|Eclaro International is currently recruiting for Middle Office Trade Control Analyst -for Markets junior level for one of our financial services clients.|
Enterprise Job Description:
Responsible for maintaining already developed Trade control processes, e.g., Trade booking, trade validation and ongoing trade maintenance and reporting. Requires product knowledge, knowledge of financial instruments accounting relevant to the area supported. Delivers support for new products and initiatives, provides analysis and KPI/MIS reporting. College degree (Bachelors or higher). Required skills include: expert Excel knowledge, financial products knowledge, ability to analyze, reconcile, and interpret large amounts of data, detail orientation, ability to manage multiple priorities and multi task, excellent time management and prioritization skills, with ability to meet tight deadlines, the ability and willingness to continuously learn on the job, technical fluency, with ability to learn new systems quickly, the ability to problem-solve and take ownership of process improvements, the ability to work in a team environment, the ability to adapt to and take ownership of change and excellent verbal and written communication skills with ability to communicate with various stakeholders. Desired skills & knowledge include: experience using Bloomberg, accounting knowledge, economics, business, mathematics, finance, accounting, or similar major. Desired experience includes Internship experience, have 2 to 3 years of experience in the Financial Services industry, experience in working with financial reports, and the ability to effectively manage difficult internal and external client situations. This job code is to be used for employees in Global Markets only.
Line of Business Job Description:
Operations plays a vital role in the firm's ability to innovate and deliver the solutions our clients need. We partner with the firm's trading, sales & asset management businesses in order to enter new markets, launch new products and actively manage the large volume of transactions the firm executes on a daily basis. From the most basic security to the most complex structured derivative, Operations is integrally involved in supporting the trading of these products. Operations is responsible for ensuring efficient and accurate transaction processing across a broad range of products. Generally, the products supported are complex instruments that require close alignment with the business. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected. Operations is at the forefront of shaping and driving change in the industry with the ultimate aim of delivering greater accuracy, control and efficiency for our clients and our business. Within Operations, Trade Support Middle Office (MO) offers operational support and expertise to the Sales and Trading Desks, such as Credit, Rates, Mortgages and Equity. MO is a team of specialists primarily responsible for the implementation of industry initiatives, exception management, trade reconciliation, clearing and etrading management. MO's internal business partners include Front Office, Technology, Strategists, Controllers, Credit Risk, and other Operations teams. Some functions within MO are also externally facing in respect to managing client queries and novations. Line of business counterparts include institutional clients and broker dealers. Regulatory reform and clearing have a direct impact to the daily support functions and specifically MO members will be exposed to industry led initiatives as they unfold. The role does not require specific product knowledge, however it is considered an advantage. The individual requires excellent interpersonal skills and the ability to work well within a team and in a fast paced environment. The qualified candidate will look to succeed in industrialization efforts in order to enhance our processes and strategize our workflows. This specific role will be focused on the Trade Support Middle Office functions supporting the Global Mortgage Products trading desk.
? Trade exception resolution.
? Ad hoc queries from traders/sales/clients.
? Liaise with internal teams on break resolution.
? Manage life cycle events, allocation support, and/or novation management.
? Support new products and activities for the credit business.
? Industry initiatives and internal enhancements.
? Expert Excel knowledge
? Financial products knowledge
? Ability to analyze, reconcile, and interpret large amounts of data
? Detail orientation
? Ability to manage multiple priorities and multi task
? Excellent time management and prioritization skills, with ability to meet tight deadlines
? Ability and willingness to continuously learn on the job
? Technical fluency, with ability to learn new systems quickly
? Ability to problem-solve and take ownership of process improvements
? Ability to work in a team environment
? Ability to adapt to and take ownership of change and excellent verbal and written communication skills with ability to communicate with various stakeholders.
? Experience using Bloomberg
? Accounting knowledge, economics, business, mathematics, finance, accounting, or similar major.
? Internship experience, have 2 to 3 years of experience in the Financial Services industry
? Experience in working with financial reports
? Ability to effectively manage difficult internal and external client situations