Senior Ops Analyst - Derivatives
Salary: Market rate negotiable
- Location: London
- Category: Finance
- Job Ref: MH1111L4016
Summary
A top tier investment bank is looking for a Senior Ops Analyst (Derivatives)to work within the Commodities Trade Support and Documentation Group supporting Operations for the Commodities Trading desks.
Responsibilities
- Daily reconciliation of broker and counterparty confirmations ensuring that all information held in the Commodities trading systems is accurate.
- Daily verification of Commodities trading desk deal data requiring daily involvement with Front Office, Product and Financial Control.
- Daily affirmation of commodities trade data held in trading systems requiring liaison with external Clients and Counterparties.
- Ensuring fully completed confirmations on all transactions are received within a given timeframe.
- Production and review of confirmations (as appropriate) in compliance with all appropriate formats and contracts, working closely with Credit, Legal, Marketers, Trading Desk and Counterparties
- Assist and ensure that all operational aspects with regards to entire deal lifecycle have been actioned and completed.
- Manage and monitoring outstanding trade confirmations that pose a risk to the organisation thus ensuring fully executed trade confirmations are received on all transactions within a given time frame.
- Perform regular audits of trade data to ensure a full and complete data set is maintained.
- Ensure that all correct control procedures are adhered to and a full audit trail is recorded and maintained at all times.
- Assist in streamlining of all Trade Support and Documentation procedures and become actively involved with system development ranging from technical enhancements to new product release.
- Assist in all aspects of the recruitment process, integration and training of new team members.
- Aid in development of team members by training and sharing knowledge.
- Production and analysis weekly reports for team and Management.
- Working as part of a team to meet daily deadlines.
Experience / Skills
PC Skills – Good – Word, Excel
Communication Skills – Good – Ability to liaise with Legal, Credit, Technology, Finance, Trading Desk, Brokers, Exchanges and Counterparties on related issues
Attention to detail – Good – High level of accuracy and competency is essential
Commodities Experience – Good – Commodities experience required if degree level or more if A level standard.
Product knowledge – Good – Exposure and experience in Commodity related documentation, processes, procedures and products essential
Strategic Vision - Anticipates where business and competitors are going to continuously refine business strategy. Develops a compelling sense of purpose and direction. Focuses strategies on delivering superior value to clients. Translates strategies into plans that can be effectively executed
Execution - Anticipates risks and obstacles and devises plans to manage them. Puts processes in place to ensure that the business meets or exceeds clients’ needs. Spends his/her time and energy on the most important priorities. Consistently delivers superior business results.
Change Leadership - Challenges the status quo; continually seeks to do things better. Champions new ideas and initiatives. Pursues aggressive goals and continuously raises performance expectations to achieve excellence. Promotes continuous learning and development.
Meritocracy - Relates rewards to the excellence of job performance rather than other factors such as seniority or personal relationships. Recognises and celebrates the significant achievements of others. Encourages and listens to contributions of others.
Collaboration - Deals with others openly and honestly. Works to find and build agreement with others. Looks for innovative solutions to conflict. Involves others when appropriate in making decisions. Makes decisions based on what is good for the whole organisation not just for his/her own unit. Shows a willingness to share his/ her resources with other units.
Energy and Drive - Takes personal ownership for delivering superior services to clients. Demonstrates personal commitment to and excitement about their work.
Character - Holds himself/herself to the same high standards of integrity that he/she demands of the organisation. Acts as a role model for the kind of behaviour he/she expects from others. Conveys high personal standards informally eg. in conversation and demeanour. Behaves in a way that leads others to trust him/her.