Analyst/Associate, Exotic Middle Officer

Job description

Environment

Primary Objectives:

Trader Support's mission is to ensure all trades and events on the Front office position are correctly reflected in the relevant IT system/ database in order mainly:

·  for the Operations chain to be able to ensure a smooth settlement/confirmation for all operations,
·  for Front Office to have a clear and honest vision of their position and risk,
·  for Finance to be able to compute/produce economic and accounting PNL in due time.

As 1st link in the Operations chain, Trader support is also the 1st level of control of the business

Mission

Major Accountabilities/Principal responsibilities:

Duties

·  Product scope: Exotic Rates, FX, Credit and Hybrid derivatives.
·  Modelling/trade capture of exotic product and deals in the in-house information systems (FO to BO) based on documentation (term sheets, tickets) provided by FO;
·  Pricing of exotic trades for accuracy check, control of bookings initiated by FO;
·  Ensure booking timeliness, provide justification for any Late Booking and Amend/Cancel, develop and deploy relevant action plan to reduce the associated KPI;
·  Monitoring of lifecycle events. Ensure integration of fixings, calculations of coupons and early termination decisions.
·  Improve booking quality control through close monitoring of rework on exotic booking;
·  Contribute to improving the booking platform through the initiation of enhancements and bug fixes and follow-up (UAT on deliveries).
·  Update/write down procedures linked to sensitive processes and controls;

Desired profile

Profile

Key skill areas & knowledge required:

·  Some Exotic Credit or Rates or FX derivatives product knowledge (payoff understanding, lifecycle events) with relevant experience and expertise as trade support;
·  Understanding of trader's job and hedging decision making;
·  Strong and sharp analytical skills;
·  Accuracy, swiftness, ability to work under pressure in trading environment;
·  Client–oriented;
·  Positive mindset, challenge and change oriented.
·  Excellent communication skills, required to interface with various internal partners (Traders, Engineers, Sales, other Middle Offices, Product Control teams, Back Offices, IT) and in different countries (Asia, Europe, America).
·  English compulsory.