Investment Operations Analyst

☞ Adecco

View: 106

Update day: 11-06-2024

Location: Chester North West

Category: Energy Finance / Bank / Stock

Industry:

Salary: From £300 a day

Loading ...

Job content

Investment Operations Analyst

Chester/Hybrid

6 months

Rate from £300 per day Inside IR35 alternatively

My client is on the world’s leading financial institutions united in their purpose to help make financial lives better through the power of every connection. They are dedicated to helping teammates be their best at work and at home. It starts with having a diverse, inclusive workplace where employees are valued for their individual strengths and perspectives. They firmly believe all employees should be treated with respect, live free of discrimination and be able to bring their whole selves to work. This is core to who they are as a company and how they drive responsible growth.

They are looking for an Investment Operations Analyst to join the team in their Chester office, working Monday to Friday 9am - 5pm, 3 days in the office, 2 days working from home.

The main function of the Collateral/Margin Operations unit is to mitigate exposure to counterparty risk on OTC derivative trades. You will be joining the Collateral Operations Unit, which monitors daily margin for customers across various products (Rates, Commodity, Structured Credit, Equity, and Foreign Exchange). Counterparty net exposure is evaluated each morning in order to determine collateral requirements.

The Collateral Unit interacts with a variety of different groups within the bank:
  • Back Office/Middle office Operations - stores copies of all confirmations of each transaction and can verify market values and rate for individual trades
  • Corporate Treasury/Global Securities Operations - determines collateral allocation and delivery of securities
  • Cash/Wire Transfer - send/receives cash collateral
  • Marketers/Traders - trade and market derivatives with Financial Institutions and Corporate Customers
  • Credit - monitors credit exposure on derivatives
  • Capital Markets Documentation - negotiates the collateral agreements
Due to the amount of interaction with counterparts and other groups, excellent communication skills are necessary. An open flow of communication, specifically relating to new issues or problems, is necessary between team members.

Aside from daily position monitoring and counterparty contact, you will be expected to investigate mark discrepancies, maintain current procedure manuals and look for methods of improving efficiency

Additional responsibility will arise as projects are mastered and time permits. As our landscape is changing with the implementation of Dodd-Frank Act the ability to adapt to change is a must and gives opportunity to learn.

Knowledge and Skills:
  • Strong communication skills
  • Excel skills
  • Ability to meet deadlines, handle high pressure situations, and juggle multiple tasks
  • A comprehension of financial markets and derivative products
  • College degree or related expertise
Candidates will ideally show evidence of the above in their CV to be considered. Please be advised if you haven’t heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.

Pontoon is an employment consultancy, we put expertise, energy, and enthusiasm into improving everyone’s chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identifies, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

To speak to a recruitment expert please contact Melanie Tovey
Loading ...
Loading ...

Deadline: 26-07-2024

Click to apply for free candidate

Apply

Report job
Loading ...
Loading ...

SIMILAR JOBS

Loading ...
Loading ...