otc clearing analyst in west end

posted
12 February 2019
contact
randstad financial & professional, randstad financial services
job type
permanent
apply now

posted
location
west end, london
specialism
financial services
sub specialism
Operations & Middle Office
job type
permanent
working hours
Full-Time
reference number
MJ68221
contact
randstad financial & professional, randstad financial services
phone
02077866484
apply now

job description

The Role

We are interested to see OTC clearing, operations, funding and collateral analysts who can demonstrate a strong working knowledge (circa 1-3 years) of the main operational functions within the above areas, specifically within an established clearing broker or CCP/Clearing House environment.

Specifically, we are interested to hear from people with direct experience of the clearing processes. These processes include the monitoring of intra-day trade flow and acceptance; life cycle events (netting/compression/porting), facilitating the agreement, funding and instruction of margin movements between departments; monitoring of intra-day credit limits and escalating to the Risk department as appropriate. Other functions also include overseeing and supporting the Default Management Process Fire drills, interacting with SEF/MTF platforms and also with CCPs directly.

Candidates must have a strong academic background and have very competent excel skills. A strong understanding and relevant experience of supporting OTC rates products is a pre-requisite

Requirements

The ideal candidate must be able to demonstrate their knowledge of the processing flows they have seen, within the front to back flow in their current role.

They should also be able to demonstrate a good understanding of the control and risk implications of supporting those products/processes, as well as strong market/product knowledge.

The successful candidate will show they are aware of problems or challenges encountered in the operational support of these products and cite examples of where they have identified risks, resolved such problems and re-engineered processing, either at a tactical/"at the desk" or strategic/"on a project" level.

Person Specification

The individual should be a self-starter, motivated and well organised with a keen eye for attention to detail. They should be someone who is keen and comfortable to learn and carry out a process, whilst at the same time look to question, change and possibly remove that process. Furthermore, the successful candidate will have strong team-working, decision-making and communication skills.

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003

educational requirements

university