Trade Support Job Description
Trade Support Duties & Responsibilities
To write an effective trade support job description, begin by listing detailed duties, responsibilities and expectations. We have included trade support job description templates that you can modify and use.
Sample responsibilities for this position include:
Trade Support Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Trade Support
List any licenses or certifications required by the position: CFA, SCCM, ITIL, UK, MS, FSCM, CCS, CDCS, CCVP, CCNA
Education for Trade Support
Typically a job would require a certain level of education.
Employers hiring for the trade support job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Economics, Accounting, Communication, Education, Computer, Engineering, Computer Science, Mathematics
Skills for Trade Support
Desired skills for trade support include:
Desired experience for trade support includes:
Trade Support Examples
Trade Support Job Description
- Deliver a bankwide Risk Assessment rollout and execution plan in conjunction with franchise/function Heads of Control
- Shape the execution of Risk Assessments arising from Transformation and the rollout of new methodologies
- Provide QA of franchise-led Risk Assessments against agreed standards / new methodology
- Define the strategy regarding the incorporation of the Banks risk assessment methodology into the Control Transformation Programme
- Scoping, planning and delivery of multiple assessments across different businesses and functions
- Developing detailed insight and mapping of key risks and associated controls within the Bank’s Crisis Causing Services / E2E operations
- Lead the integration of the various risk assessments under way regarding the CCS’s to minimise drain on the Business whilst supporting the various strategic programmes eg Atlas
- Track and report daily trace activity from FO when needed
- Back up the TBA-Margin group as and when required
- Assist with US Treasury Auctions and Buyback operations
- Previous experience in Equities technology
- 5-7 years of experience supporting an execution desk in at least one the following asset classes • Equity Derivatives
- 2+ years of previous Trade Support experience
- Familiarity with Emerging markets, Operational controls, Repos, Project Experience is a plus
- Candidate must have strong depth in Credit Derivatives
- Bloomberg, Visual Portfolio Manager, Calypso, Wall Street Office, DTCC, IceLink, TriResolve
Trade Support Job Description
- Risk and pnl explains
- Structured trade modeling - risk and pnl analysis
- Ad-hoc scenario reporting
- New product implementation
- Understand and ensure compliance with regulatory requirements
- Market data management
- Query management and problem solving
- Maintaining strong working relationships with Back, Middle and Front Office
- Responsible for planning moves and changes
- Experience supporting users on a trade floor environment
- Daily support of traders that specialize in Government & Agency Debt products
- Interact daily with Trading, Sales and all areas of Operations to facilitate trade processing (STP) from front-end through to settlement
- 3-5 years of experience in Finance/Trade Capture/Fixed Income Operations, preferably with a Primary Dealer/Major Financial Institution
- Knowledge of Fixed Income products, Futures and Derivatives essential
- Understanding of fixed income calculations in regards to Profit and Loss reporting is key
- At least 5 years of experience as a trade floor support - must have experience working in a trade floor environment
Trade Support Job Description
- Direct, review and approve product designs and changes
- Support and maintain the firm's desktop infrastructure systems
- Work shifts in accordance with trading times
- Act as a liaison between for the trading desk on any trade/settlements related issues
- Work on streamlining trade support operations to create cost benefit solutions
- Notify Repo desk of potential impact of funding position swings
- Submit for trading desk during FOMC operations via TAAPS/FedTrade terminals
- Timely intraday trade confirmation
- Participate in UAT system testing
- Assist Controllers with P&L discrepancies
- Strong troubleshooting skills, a problem solver - expert in identifying cause of issue and resolving it in a quick manner
- Expert in software installation and updates on desktop and laptops - Excellent in Windows 7 and Office 2010
- Extensive experience of the practical application of the risk framework through risk assessment activity and related activity
- Ability to work collaboratively and provide leadership and direction
- Ability to challenge and influence Business at a strategic and operational level
- Capability to identify Business opportunities and the drive to crystallise these through influencing at executive level (CEO -2)
Trade Support Job Description
- Independent trade confirmation for all fixed income desks in DCG
- Run Monthly Inventory Reports for Mortgage Desk
- Facilitate the settlement of Physical Securities for the ABS/MBS/CLO Desks
- Advise MBS Pass thru desk of all open TBA positions to be rolled
- Set up new accounts for DCG and ETF
- Provide DCG sales support counterparties with the correct allocations
- Trade confirmations for Central Funding ETF, LLC ETF, and Fixed Income desks in CFG and DCG
- Assist in the research and resolution of various equity and FI corporate actions, including processing on behalf of the trading desk
- Review and resolve all position, trade and cash reconciliation breaks (GTS, Sophis, TOMS, ICI, ADP)
- Monitor ACT / TRACE reporting exceptions thru surveillance and daily reports
- Extensive banking experience, across a broad range of products and clients
- Strong leadership and people development capabilities
- Ability to translate risk terminology, methodology and regulatory expectations into simple, meaningful and powerful business language
- Solid understanding of Mortgage Backed Securities and US Treasuries
- Familiar with UST Auction and Buyback process (TAAPS, FedTrade)
- 2-3 years of middle office or similar experience, ideally in trade support
Trade Support Job Description
- Manage the onboarding process for new DCG / CFG counterparties
- Test new products and flows as the trading systems change
- Provide monthly inventory reporting for Mortgage Desk
- Act as liaison between trading and operations staff
- Assist with the input of trade information and the reconciliation of previous day trading activities
- Identify trade settlement issues while offering solutions to minimize risk and costs
- Research security prices
- Logging and categorization of incidents and requests in an ITIL based call management system (Service-Now)
- Resolving where appropriate incidents and requests at first point of contact using remote control tools or desk side visits
- Document solutions and provide them centralized on knowledgebase
- Stong Unix background
- Track record of working in demanding high paced environments
- Understanding of the end-to-end trading flow
- Familiarity with Greeks, risk management and pnl
- Fixed income and option knowledge is a significant plus
- Familiarity with emerging markets is a plus