Verified Job
Accounting - Finance
Trade and Transaction Operator
Accounting - Finance
#221856
Remote / WFH
Job Description
Position Overview
Details of the Role and how it fits into the team
Ensure the continued delivery of a robust and stable operating environment to support the Global Trade Services (GTS).
Contribute to the overall operational strategy of GTS function and responsible for its effective implementation. Improve service delivery and productivity to maximise service quality and operational efficiency and minimising operational risk through the effective implementation of appropriate controls.
Demonstrated commitment to continuous process improvement is required with good People management skills.
This role is part of the Trading assistants which require the trade/risk to be captured on T0 basis. Critical task which involves constant interaction with the Trading Desk and Risk and PnL teams, Docs / Setts to ensure all the trades blottered by the desk are taken into risk for the day.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
• Middle Office Trade Capture function involving booking of trades on T0 basis.
• Following up with Traders, Sales, Brokers, and clients to ensure accurate capturing of the risk
• Liaison with Front Office / Docs / Settlements and ensuring exceptions are resolved in a timely manner
• Fixing Coupons, amortization schedule and rate reset for derivative trades in Middle Office systems manually.
• Resolving all inter-company breaks / system Reconciliation (FOBO) to ensure risk is not impacted for the traders.
• Supporting Front Office along the entire trade lifecycle of the derivatives trade.
• Work with T+1 P&L teams to resolve any accounting differences from T0 P&L reporting
• Understanding F2B system / process flow, streamlining and engineering processes to bring efficiencies
• Complete ad hoc requests and projects for trading desk
• Monitor and escalate any Trade Capture issues that could potentially result in regulatory escalations for the bank.
• Should have strong knowledge on OTC derivatives trade life cycle preferably on Credit Derivative products.
• Responsible for the production deliverables and management of the daily trade capture in a timely manner, ensuring daily reconciliation and query resolution as required.
• Reviews any exceptions raised by the team and/or escalated by the supervisor
• Adherence to STARC standards and procedures and ensuring that there are no lapses or gaps in control.
Details of the Role and how it fits into the team
Ensure the continued delivery of a robust and stable operating environment to support the Global Trade Services (GTS).
Contribute to the overall operational strategy of GTS function and responsible for its effective implementation. Improve service delivery and productivity to maximise service quality and operational efficiency and minimising operational risk through the effective implementation of appropriate controls.
Demonstrated commitment to continuous process improvement is required with good People management skills.
This role is part of the Trading assistants which require the trade/risk to be captured on T0 basis. Critical task which involves constant interaction with the Trading Desk and Risk and PnL teams, Docs / Setts to ensure all the trades blottered by the desk are taken into risk for the day.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
• Middle Office Trade Capture function involving booking of trades on T0 basis.
• Following up with Traders, Sales, Brokers, and clients to ensure accurate capturing of the risk
• Liaison with Front Office / Docs / Settlements and ensuring exceptions are resolved in a timely manner
• Fixing Coupons, amortization schedule and rate reset for derivative trades in Middle Office systems manually.
• Resolving all inter-company breaks / system Reconciliation (FOBO) to ensure risk is not impacted for the traders.
• Supporting Front Office along the entire trade lifecycle of the derivatives trade.
• Work with T+1 P&L teams to resolve any accounting differences from T0 P&L reporting
• Understanding F2B system / process flow, streamlining and engineering processes to bring efficiencies
• Complete ad hoc requests and projects for trading desk
• Monitor and escalate any Trade Capture issues that could potentially result in regulatory escalations for the bank.
• Should have strong knowledge on OTC derivatives trade life cycle preferably on Credit Derivative products.
• Responsible for the production deliverables and management of the daily trade capture in a timely manner, ensuring daily reconciliation and query resolution as required.
• Reviews any exceptions raised by the team and/or escalated by the supervisor
• Adherence to STARC standards and procedures and ensuring that there are no lapses or gaps in control.
