Global Markets Trade Support Analyst

Job description

The Trade Support & Client Service team is tasked with providing full support to Americas Global Markets traders and sales, and supports multiple products including: Equity, Fixed Income (FX, IRD, Treasury, Bonds and LatAm), and Commodities.

The team assist the traders and sales in their daily tasks, making sure the transactions are properly booked and reported. Among team responsibilities are: trade discrepancy resolution by coordinating on behalf of the front office and other global/support teams; book/modify trades in front office systems on behalf of front office staff when not handled directly by the desk; trade validation (control on capture) on commodities; assist front office by handling trading events and reporting such as TRACE reporting, Traiana, NDF fixings, expiry, NPVs, allocations, splits, booking of conversions, and corporate actions; coupon generation; third party payments; assist in customer and instrument set-up such as bond definition set-up; maintenance of Trafic; request customers, and sub-accounts creation. The Trade Support and Client Service team will also liaise with internal and external client for issues resolution, various other tasks to meet traders and sales requirements, and contributes to projects to enhance/streamline front office processes and mitigate risk.

The team is made up of six individuals who support the business in the office during normal business hours and is available remotely using Citrix and VMware after hours. Some of the more significant applications and platforms used by the group are: Trafic, SUMMIT, MUREX, and Sophis Equity & Commodities. The team reports to the Head of the Trade Support and Client Service team who reports to the Head of Global Markets Operations group.

• Liaise with desk on NDF Cross positions.
• Update fixings in FO systems.
• Communicate options expiry to the desks (IRD and FX Option desks).
• Book and modify tickets in FO systems as needed.
• Liaise with Client On-Boarding and Compliance for third party payments.
• Coordinate third party payments.
• Perform splits, allocations, NPV, and unwinds.
• Assist in the onboarding of new ‘give up’ clients (DNM and paper execution of designation)
• Manual action in Traiana when necessary.
• Process futures expirations.
• Control of potential trade requiring a long form confirmation.
• Dispatch manual confirmations (T+0 for LatAm Pension Funds, Offer Letter for Bunge Argentina).
• Monitor fail queues.
• Provide assistance to traders and sales staff as needed.
• Resolve trade discrepancies by coordinating with various groups, globally and locally, on behalf of FO.
• Update metrics.
• Client servicing including assistance in the onboarding process of new client.
• Ensure procedures are current and being followed, constantly using all resources available in creating an efficient control process which is both relevant and sensitive to the client and our business partners.

Desired profile

Profile recherché

• College degree preferred.
• Minimum of 5 years of strong Trade Support experience working fixed income, equities and commodities.
• Ability to adapt quickly and work under pressure.
• Organized with strong attention to detail.
• Excellent communication skills.
• Familiarity with P&L reporting and explanation of underlying P&L events.
• Must have a strong attention to detail and be able to partner with other teams to provide innovative solutions.
• Is self-motivated and is comfortable working without constant supervision.
• Able to work in stressful environment.
• Understanding of regulatory trade reporting (FINRA).
• Experience with SUMMIT and SOPHIS systems a plus.

About BPCE

Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 31 million clients spread over two retail banking networks, Banque Populaire and Caisse d’Epargne.

With more than 21,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services.

A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s banking networks.

Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3(1) of €11.7 billion, a Basel 3 CET1 Ratio (1) of 10.7 % and quality long-term ratings (Standard & Poor’s: A / Moody’s: A1 / Fitch Ratings: A).

(1)Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in .

Figures as at March 31, 2018