This is an exciting opportunity to join our Currencies and Emerging Markets (CEM) Exotics & Hybrids team, a multi-asset class trading desk focused on providing clients with both widely traded and bespoke derivatives tailored to their requirements. The desk operates in markets across Europe, the Middle East, and Africa (EMEA) and Latin America (LATAM), with a primary focus on Emerging Markets (EM) Rates.

As an Associate in the Middle Office Trading Services team, you will be responsible for understanding trading structures to accurately capture all transactions, performing reconciliation checks, and ensuring that controls are in place.

Job responsibilities

• Capture all transactions in the Risk Management Systems in a timely and accurate manner
• Complete intraday and end-of-day processes, including completeness and reconciliation checks, to ensure new trading activity and general book management are processed accurately
• Collaborate closely with Operations functions and infrastructure groups to support a ‘one team approach’
• Perform, complete, and sign off all controls diligently and on a timely basis
• Communicate clearly and concisely with all support teams to ensure timely and efficient resolution of queries
• Participate in and contribute to various strategic initiatives; continuously improve and evolve processes and business architecture
• Build an in-depth understanding of all trading structures from both financial and operational perspectives

Required qualifications, capabilities, and skills

• Understand all relevant derivatives and hedging products (Interest Rate Swaps, Basis Swaps, Cross Currency swaps, Forward Rate Agreement (FRA), FX Spot, FX Forwards, FX Options, Bonds, Futures, Repos and CDS)
• Knowledge of the front to back Operations process (including the key elements such as confirmations, settlements, regulatory reporting) and facilitate issue resolution across teams
• Understand the key elements of other infrastructure groups (i.e. Finance, Market risk, Credit risk, Operational risk, Legal, Collateral etc.) and recognize the impact of the actions of the Trade support team on these areas
• Must have clear communication skills and an ability to use these to work collaboratively, explain, and challenge, as appropriate
• Attention to details and sense of ownership
• Great team player able to work in a pressurized and changing environment
• Possess strong analytical and numerical skills
• Strong problem-solving, control, and project management skills
• Strong technical skills, especially in Excel (VBA/Alteryx/Tableau)