Senior Operations/Trade Support Analyst- London

FDM is a global business and technology consultancy seeking a Senior Operations / Trade Support Analyst to work for our client within the Financial Services sector. This is initially a 6-12 month contract with the potential to extend and will be a hybrid role that will be based in London.

The Interest Rate Derivative Trade Support Group (TSG) plays a key role in supporting a broad range of products and processes in the fixed income derivative (FID) world. The TSG is the conduit for all post execution information flow to other operational departments. The role is within the Interest Rate Derivative Exotics Trade Support Group, which currently consists of four members who are responsible for all interest rate derivatives traded across EMEA. The product range covers complex, hybrid and exotics bookings. The wider Trade Support Group, in which the IRD Flow TSG sits, has a mix of experience and is a fantastic area for someone to be exposed to a very steep learning curve and gives all individuals the opportunity to develop a meaningful career within Operations. Although it is not essential, it is preferable that the candidate has a good understanding of Interest Rate Derivative products. Attention to detail is paramount along with diligence and quick escalation.

Responsibilities:

• As a member of IRD Exotics TSG you will be working closely with the Front Office to provide the first level of control for the Interest Rate Derivative Trading desks.
• You will be responsible for offering the first line of defence for the Trading desk’s franchise risk and risk in ensuring that the trade bookings are correctly reflected in both Front and Back Office systems and tie out with the Counterparty.
  
• You will be ensuring that all trades are booked and confirmed as intended by checking the Trading system verses internal MS systems and versus external platforms where applicable, liaising with Trading, Sales, Broker’s or the Counterparty directly.
• You will be the intermediary between the Trading desk and other areas of the Bank. Finance, Collateral, Settlements and Confirmations areas will come to you to discuss and resolve issues to ensure that breaks are resolved effectively.
• You will be responsible for ensuring current controls are enforced, liaising with IT and Projects Groups to initiate new controls and build STP to improve the firms infrastructure to increase both efficiency and control as you see fit to protect our franchise.