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Senior Trade Management Associate

Job Seekers Hong Kong SAR China Financial Services Operations Financial Services - Fund Services

Job Summary

  • Hong Kong
  • Permanent
  • BBBH780325
  • Apr 21, 2021
  • Competitive
Job Description

A leading interdealer brokers is looking for someone for Trade management and Operations control functions for Interest Rate Derivatives, FX options & FX/MM for APAC markets

Overview

  • The candidate manages both Match Principal & Name Give Up trade activities in Hong Kong, in asset classes of various Interest Rate Derivatives, FX options & FX/MM for APAC markets. He /She is responsible for trade management and Operations control functions, e.g. Intersystem reconciliation, Trade Management (capture, intercompany reconciliation & regulatory reporting), system project migration, streamline daily workflow and automation.
  • The candidate gets prepared to discuss initiatives to aid the Front Office in the trade booking, and brokerage calculation, and supports the business during the lifecycle of a trade; before, during and after trade execution; from initial booking through the front / middle office systems to confirmations.
  • Ensure all trades are accurately booked and matched in time according to strict settlement timelines or client's expectation.

Job duties

  • Trade Management processing in TMS & GUIBOS, and verify static data in SDM
  • Perform daily Operations control reports E.g. Reconciliation of brokerages for the previous day, Confirmation suppression, etc.
  • Prepare trade confirmations and client's End of Day trading reports
  • Prepare daily statement of transactions or ad hoc reports as required by client
  • Prepare daily brokerage reports and End of Day reports to the Desk Heads to sign off
  • Prepare monthly report to the regulatory parties, E.g. HKMA
  • Fulfil any additional/ad hoc duties as required to meet the needs of the business
  • Maintain and update client contact details in the client contact database
  • Record brokerage for clients with agreements in place and send to the relevant departments to collect.
  • Monitor interface between the front office and middle office systems for trade breaks.
  • Alert straight away the brokers of any trade/price discrepancies, in order to correct. Demonstrate the ability to quickly escalate problems to management and stakeholders for error trades, trade positions and system performance issues
  • Maintain brokerage records and verify the details with Client Lifecycle team
  • Demonstrate the ability to quickly escalate problems to management and stakeholders for error trades, trade positions and system performance issues

Qualification

  • Diploma or above
  • Min of 4 years experience in Trade support function
  • Familiar with Middle Office Support functions
  • Knowledge in Macro and VBA is highly preferred

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Consultant Details

Consultant Details

Jonathan Wong
Jonathan Wong
  • Managing Consultant | Financial Services Operations Recruitment
  • 3907 3914
  • jowong@morganmckinley.com