Structured Rates Trade Support Associate

My client, a city-based investment bank, is looking for an experienced candidate at an Associate level to join their Structured Products Middle Office focussing on Structured Rates.


My client, a city-based investment bank, is looking for an experienced candidate at an Associate level to join their Structured Products Middle Office focussing on Structured Rates.

Department overview:

Working in the varied, inclusive and collaborative environment of the Global Markets Business, you will be responsible for controlling and supporting a broad range of trading desks and products and gain exposure to the numerous functions supporting the structured products businesses, working with experienced and senior stakeholders in managing the associated risks to deliver the best outcomes for the business.

The environment is fast-paced, demanding and innovative, providing exposure to senior management and stakeholders all based in London. The bank is committed to building a first-class support and control function fit for the challenges of the future. The successful candidate will be supported to develop and build the key skillsets required of the modern Operations Professional in a flexible, diverse and inclusive environment in which ambitious and driven professionals will be challenged and supported to develop and grow. The Structured Rates Middle Office Group supports the Structured Rates and Vanilla Options Trading Desks. The team provide first class product and process support for these challenging and dynamic business lines that trade a full suite of complex interest rate trades and strategies. Structured Rates Middle Offices play a key role across a broad range of control and support functions partnering closely with Front Office stakeholders to grow and develop the business.

Role description:
* Provide the trade management and first-line support for Exotic Rates trading and structuring desks. Tasks include structured deal review, lifecycle management, query resolution, reconciliations and the production of the T0 Flash P&L.
* The team is central to all activity relating to the trading desks that it supports and therefore interacts regularly with a wide network of internal departments including, trading, structuring and sales, all other Ops teams, Product Control, MVG, Quants and Risk Management.
* Partner with the Front Office, Risk, Finance, IT and Operations teams to ensure policies and controls are implemented and managed across the structured products businesses.
* Build and maintain a deep understanding of the range of Bespoke and Structured Products Traded and their specific control and support requirements
* Understand, maintain and enhance processes utilising knowledge of the product and transaction lifecycle. Partner with Front Office and other control functions to build and develop control and governance frameworks for bespoke and developing business lines
* Build and own key relationships with FO and other stakeholders to support and control business innovation and growth by participating and contributing in stakeholder governance forums.
* Manage demand and prioritise efficiently to deliver on the commitments and responsibilities across the CTB and RTB agenda.
* Build, strengthen and influence relationships across functions and internal teams both onshore and offshore to create consensus and improve collaboration.

Skills, experience, qualifications and knowledge required
* You will have a strong knowledge and experience of Structured Derivatives in a particular asset class, preferably rates and the ability to understand complex financial products and structures.
* Experience in a middle office environment, or equivalent control function.
* Have a deep understanding of investment bank products and processes with a track record of process improvement and development
* Have the ability to balance demand, thinking holistically around process change.
* Be a strong communicator, be able to build relationships and challenge stakeholders appropriately.
* Demonstrate agility and a willingness to adapt to and respond positively to changing trends and agendas
* Demonstrate an ability to lead and inspire across peers and directs.

  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Charles Levick
  • 19 Apr 18
London, England, United Kingdom London England GB