Senior Associate / Assistant Manager / Manager - Cash Equity Trade Support

5 - 10 years

5 - 10 Lacs

Posted:14 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Position Purpose

The Trade Support team looks after the Electronic Execution Middle Office Operations.

The resource will need to work in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely manner. Provide support to our front office equities trading desks and also act as a point of contact for internal front/back-office enquiries.

Responsibilities

Direct Responsibilities

A comprehensive understanding of securities

Front to back trade lifecycle experience

Demonstrate awareness and procedures to mitigate operational risk, escalate appropriately

Trade amendments and booking reversals of trades

Liaison between Front Office and all supporting functions

Work in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely manner

Provide support for front office equities trading desks.

Work closely with technical teams to improve trader experience.

Focused work with zero tolerance controls and strict deadlines.

Ability to build good relationship within the team and Front Office trading and management

Strong appreciation and value of STP and of IT solutions to reduce processing and improve controls

Ability to multitask, to be flexible re tasks and accommodate varying levels of volume and complexity without deterioration in task quality

Act as point of contact for internal middle/back-office enquiries.

Contributing Responsibilities

Direct relationships with the front office / back office colleagues.

Build and maintain strong relationships with stakeholders across the globe in Front, Back and Middle Office

Strong working and open relationship with local management

Technical & Behavioral Competencies

At least Four years in an operational support position.

IB Equity Operations experience preferred, essentially in Trade Support functions

Experience working within algorithmic trading highly beneficial.

Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly

High level of product knowledge in Equities

High level of knowledge of middle office and back office systems

Strong organizational skills and ability to prioritize

Innovative - constantly identifying gaps in process and to seek improvements

Ethics and Control must have good work ethics and risk / control mind set.

Communications ability to communicate effectively within the team and Front Office

Collaboration ability to work well with others especially in day to day resolution and escalation of issues

Specific Qualifications (if required)

NA

Skills Referential

BehaviouralSkills:

Ability to collaborate / Teamwork

Decision Making

Critical thinking

Ability to share / pass on knowledge

Transversal Skills:

Analytical Ability

Ability to understand, explain and support change

Ability to develop and adapt a process

Ability to develop and leverage networks

Ability to anticipate business / strategic evolution

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications(if required)

NA

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