Equity Trade Support Manager - VP
The Equities Middle Office is responsible for a variety of functions supporting the Equity Derivative, Equity Financing and Cash Equity trading businesses. This covers multiple markets and products including otc equity derivatives, cash equities, and exchange traded derivatives.
This role will focus on oversight,
control and strategy for the trade support team. It will require the individual
to provide the team members guidance on daily activities as well as personal
career development. The individual will
also be responsible for ensuring proper controls are in place and potential
risks are identified. In addition, the
individual will be expected to drive efficiency initiatives and define the
operational model for wider business initiatives. These responsibilities entail
working closely with the Front Office (Marketers and Traders), Technology, Product
Control, Financial Control and other areas of the firm, both regionally and
Trade support - Team Responsibilities
Coordinate with different areas, including Technology, Product Control, Business Management, Market Risk, and Settlements to implement process, system and product changes
Liaise with traders and counterparties to ensure accuracy in trade capture
Provide support or resolve any adhoc queries pertaining to the booking, p/l or risk representation for traders in the books
Work with Traders, Finance and other groups to resolve various issues affecting PnL
Accurately capture trades when assistance is requested
Investigate and resolve issues causing breaks or failures for the supported business
Monitor various controls implemented to mitigate risk to the business
Produce statistics and MIS
· Develop members of the team as individuals and a collective support team
· Drive business, control and regulatory agenda
· Identify improvements and influence technology teams to prioritize work that will provide benefit to team
· First point of escalation for desk heads
· Consistent focus on improving efficiency and control
Strong analytical and problem solving skills
Ability to multitask and to work under pressure, prioritizing duties according to risk
Previous experience in the Financial Services industry, ideally with understanding of Equity Derivative and/ or Cash Equities products
At least 3 years experience managing a team of multiple people
Ability to face off to very demanding stakeholders, managing their expectations but moreover develop strong working relationships with them,
Excellent problem solving skills in order to identify, understand and address operational and technical issues
Strong communication skills, both written and verbal. A key aspect of this is the ability to clearly articulate issues and influence resolution
A self motivated individual who is able to deliver with minimal supervision, whilst also working effectively as part of a team
Trade support of derivative products for at least 2 years
Management of at least 3 people for a minimum of a year
Derivative product knowledge
Exemplify ability to think globally
Not ready to apply? Leave your information with us and we will keep you up to date with new career opportunities.
Sign in to our application system to continue your job search.
Current employees sign in here.
You can also apply using your LinkedIn® profile. It may save you some time because your information will be automatically transferred into our system. Just click on the LinkedIn logo when you get to the application screen and follow the directions.
During the application process, be sure you have an up-to-date copy of your Résumé, your cover letter and any other documentation you would like to submit.