Fixed Income Analyst (MO)
Salary: £45k plus
- Location: London
- Category: Finance
- Job Ref: MH1111L4004
Summary
A leading investment bank is looking for an experienced fixed income analyst to work within their European Fixed Income Finance team. Day to Day duties will include trade bookings for Intercompany activity, amending, confirming, and reconciling transactions as well as being a point of contact for the business. The candidate will need to work accurately and efficiently in a fast and rapidly changing environment, across a broad range of products using numerous systems.
Responsibilities
- Assist traders in performing the following functions on a daily basis:
Checking out trades with brokers and counterparties.
Maintaining securities positions and records for Traders.
Reconciling Traders position to firm's books and records.
Correcting trade errors via trade ticket/system.
Assisting operations personnel in any trade discrepancies that arise
Update Rates on internal trades
- Maintain constant vigilance regarding the updating of trading positions via the front office on-line system.
- Serve as a liaison between the Trading Desks and Operations/IT
- Monitor input from overseas location
- Monitor the trade input flow via the front office on-line system
- Analyze existing reports and procedures and make appropriate recommendations where warranted
- Ensure futures trades are checkout with exchanges
- Provide short coverage needs
- Prepare returns
- Closeout trades
- Interface with the street for closeout trades
- Input all Corporate Bond trades
- Update rates on open
- Flatten out entities and DTC boxes
- Resolve and respond to settlement queries
- Liaise with Settlement team
- Execute large portfolio rolls
- Work with desk and Settlement team for Fails resolution
- Collate and book funding requirements from various trading desks
- Confirm client trades
- Obtain the allocation and bookings breakdown (splits) for client
- Account Opening
- Liaise with clients to obtain client information and documentation
- Update information into the Global Account Opening System
- Ensure client account information is accurate in all processing systems
- Liaise with Legal documentation teams to ensure trading documentation (e.g. GMRA/GMSLA) are delivered in a timely manner
- Maintain data for client back office contacts
- Daily follow up of failed and declined trades with clients
- Track Sales Credits queries in Ontrack
- Liaise between the Trading Desks and other Operational areas (e.g. Static Data, Settlements etc)
- Support ad-hoc management reporting
- Maintain Bloomberg contact details for the team
Experience / Skills
Qualification / Education Required:
Minimum A Level or equivalent qualification.
Experience Required:
· Solid Futures and Options experience, working in a highly pressurised environment at a high volume Futures house. Deliveries experience is essential.
· Excellent knowledge of exercise and assignment processes (both from an Exchange & Client perspective) across global markets with good working knowledge of Rolfe and Nolan and Exchange terminals.
· Solid experience around key bond notice and delivery periods. Liffe Gilts and Eurex Bonds in particular.
· Experience in Commodity deliveries would be beneficial
· Candidate must have proven team management experience handling Futures deliveries to include fixed income bonds, equities and commodities
Skills / Aptitude Required:
Good knowledge and experience of Excel, Word and Access
Ability to prioritise work under pressure around exchange deadlines
Forward thinking
Good communication skills
Customer focused
Attention to detail
Results oriented
Team Player