CIB Operations – Asia Structured Credit Trade Support - Associate - Hong Kong

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • J.P. Morgan
  • 30 Sep 16

CIB Operations – Asia Structured Credit Trade Support - Associate - Hong Kong

CEM Asia Structured Credit Trader Support Role

Asia Credit Middle Office Group works in a dynamic environment. The Credit Derivatives and bond trading team is a market leader in vanilla and complex credit, FX and cross-asset products. Trades executed are bespoke, highly structured OTC derivatives, along with associated hedges. The emphasis on the team is upon control and understanding the fundamentals of the area in which they operate as well as the current procedures.

This role offers an exceptional opportunity to join a high profile, multi-product team, with excellent opportunities for personal growth and development. The area works closely with Front Office, requiring strong attention to detail and the ability to work in high pressure situations. The pace is fast and the team is a dynamic and diverse combination of individuals.

Key Responsibilities
The team member will be expected to complete the following tasks:

  • Ensure accurate capture of transactions and trade events into risk management and processing systems
  • Ensure accurate capture of structured credit transactions and trade events into risk management and processing systems
  • Promote a control culture to ensure the team accurately captures all transactions into the risk management and processing systems
  • Understand key risks and associated control points on the transaction lifecycle
  • Build and maintain relationships with Front Office, Risk Management and other Middle Offices.
  • Deliver projects related to all of the above


Qualifications

Other requirements
  • Possible requirement to work Hong Kong Bank Holidays.
  • Occasional weekend working to support business migrations and contingency testing.

Key Skills and Experience
  • Understanding and experience in Credit Financing and Structured Credit products
  • Management of complex deals with multiple stake holders
  • Understanding and experience of Credit Derivatives, Bond and Repo
  • Excellent communication - Much of the role requires dialogue with Trading desks, operations and 3rd parties on a local and regional level
  • Time management - There are numerous deadlines and processes across the day and the candidate must be able to deal with issues and escalations in a fast paced environment
  • Numeracy - Many of the investigations will require a good level of numeracy to calculate interest amounts and be comfortable dealing with volumes of data at speed.
  • Team-work - The ability to work effectively as part of a team working to deliver against core business objectives such as improving settlement efficiency of Trade support.
  • Ability to work well under pressure is essential as there are significant operational losses associated with non completion of daily processes

Experience
  • 5 years+ Structured Credit/ Financing support Experience ideally in an investment bank environment
  • Intermediate excel - Comfortable with basic macros and pivot tables