Job Description
The primarily function within the team is the completion of daily tasks, including (but not limited to):
• Managing top-day trade allocations for full service and clearing-only trades (ensuring client allocation requirements are met ). Monitor matching systems and ensure that all flow matches or clears internally. Any trades that remain unmatched are escalated to the relevant Trading Desk / Traders Assistant throughout the day via phone calls or emails.
• Ensure successful and timely allocation & clearing of trades,
• Perform expiration process and liaise with the relevant teams on physical delivery if any.
• Perform positions reconciliation between books and records versus frontend systems, follow up with the respective proprietary risk managers for any breaks related issues. Breaks investigation, Follow-up and break resolutions
• Perform position reconciliation between books and records vs exchange . Follow up with relevant teams for break resolutions
• Coordinating with Technology on day to day systems issues, raising tickets and follow through until resolution of the issue
• Communication with exchanges, brokers, internal and external clients, Legal and Compliance, and Technology.
Skills required (essential)
COMPETENCIES REQUIRED FOR THE ROLE
COMMERCIAL/ BUSINESS ORIENTATION
• After the initial training period, the successful individual will expect to work independently and proactively with minimal management supervision. Effectively able to manage individually assigned tasks while incorporating Team duties and requirements
• Candidate should be a confident, well-rounded methodical person with good analytical skills
• Good relationship building skills
• Self-motivated, inquisitive in nature, a strong appetite to learn
• Task orientated, inquisitive in nature and have an appetite to learn
• Communicate with exchanges, brokers, internal and external clients and Technology.
• Managing top-day trade allocations for full service and clearing-only trades thus ensuring client allocation requirements are met
FUNCTIONAL KNOWLEDGE
• Knowledge of listed derivatives products (or at least the concept of derivatives) is an advantage.
• The individual will be expected to learn quickly to acquire the required technical knowledge.
PROFESSIONAL SKILLS
• Demonstrate a clear understanding of the business they support
• Understand the importance of following defined procedure and completing the appropriate checklists
• High degree of accuracy and meticulous eye for detail
• Self-motivated, inquisitive in nature, a strong appetite to learn
• Manage and meet intra-day and end-of-day deadlines
• Pays attention to detail – demonstrates excellent attention to detail when analyzing or interpreting data.
• Comprehends and reasons – Displays well developed ability to comprehend, reason and process complex data.
• Breaks down problems – into smaller, more manageable parts.
• Team player skills - to balance and prioritize between day-to-day activities; Works effectively in teams and broader networks to deliver results
• Excel proficiency and ability to quickly learn proprietary applications
• Excellent verbal and written communication skills
• Proactively escalates breaks and risk issues