VP- Fixed income Midde Office

  • Negotiable
  • Hong Kong
  • Permanent, Full time
  • ConnectedGroup Limited
  • 16 Oct 18

·Well Established Boutique Investment Bank ·New Headcount ·Competitive Remuneration

Our client, a well-established boutique investment bank, is looking for a high calibre to join as a VP to support their newly set up Fixed Income trading desk


Responsibilities:

  • Provide a high standard of support and control for the Fixed Income Derivatives trading desks (including swaps, rates, credit, mortgages and structured desks) for a range of products including, IRS (Fixed/Float + Cleared/OTC, Basis, Inflation, OIS, Caps, Floors, CMS, FRAs), CDS (Single Name and Itraxx) and FX trades (XCCY Swaps, FX Swaps, Forwards and Options).
  • Establish good working relationship with trading desks and various internal stakeholders including product control, settlements, collateral management, legal and compliance
  • The employee will make decisions, with oversight of daily issues and will escalate to department manager according to size and cost of issue
  • Work with MO management to develop future strategy for trading support impacting both MO and other business stakeholders
  • Daily reconciliations of trading activity from front to back, resolving trade and position breaks
  • Oversee and direct processing of daily trade flow and trade query resolution
  • Resolve any issues related to MarkitWire, Ice-Link, SEF or DTCC for bilateral or cleared trades in a timely manner and work closely with clearing brokers to resolve any positional breaks
  • Ensure all issues or potential issues are highlighted to management in a timely basis.
  • Fully versed in all regulatory requirements pertaining to Fixed Income Derivatives covering, but not limited to, Hong Kong Trade Reporting, Dodd-Frank, EMIR and Mifid II Transaction Reporting.
  • Drive the direction of MI and control within the Fixed Income Derivatives and work closely with colleagues in Operations Control and the US Derivatives Middle Office Produce high-quality, value-added reporting to management


Requirements:

  • University graduate in Business Administration, finance or relevant disciplines
  • Minimum 6 years experience in middle office/ trade support gained from investment bank environment
  • Strong knowledge in Fixed Income Derivatives products i.e. IRS, FX Options, FX swaps, CDS, etc
  • Good understanding of Regulatory environment - including EMIR/Dodd Frank, clearing landscape
  • Experience of MUREX, SEF's, Marketwise and ICELINK an absolute MUST
  • Strong control mindset
  • Excellent communication and interpersonal skills
  • Fluency in written and spoken English and Chinese