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EMEA FICC Trading Assistant

London, , United Kingdom

Job Description:

Job Title:   EMEA FICC Trading Assistant (Open)

Corporate Title:  Assistant Vice President

Location:   London

Role Description:

  • Provides full support to trading activity conducted by GBAM Front Office desks

  • Responsible for trade capture & validation, adhering to the necessary regulatory framework.

  • Advising FO of position adjustments and/or discrepancies.

  • Tracks and verifies trades and checks accuracy of processed trades.

  • Performs a liaison function between originators, traders, stakeholders and support partners

  • Incumbents have a thorough understanding of the firms activities and their assigned product area.

  • Provides general team guidance & coaching, will provide input on recruiting and be part of performance management process.

  • Provides analyses when required by the desk.

  • Monitor and process time sensitive requests relating to trade bookings, settlement issues and/or downstream feeds

  • Resolve Risk and P&L issues - Work closely with Front Office, Risk and P&L to resolve issues in a timely manner

  • Resolving client issues – working with sales and client management teams

  • Cooperate with trading, sales, COO teams and often other LOB partners to enable the business

  • Build and maintain relationships across senior business leads and support partners

  • Involvement in various initiatives across both the business and Operations

The Team:

The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses.
Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.

Job Description
We seek an experienced Trading Assistant to cover all activities of the EMEA FICC Trading desks.
Based on our trading floor, this role is well suited to a conscientious, hardworking and motivated candidate seeking the opportunity to work closely with Global Markets Front Office and internal/external counterparties across multiple asset classes.
Primarily responsible for supporting the desk with all trading activities with additional focus on regulatory obligations, product enablement and ad-hoc problem solving across a broad range of FICC products and markets

Key skills:

  • Experience of working with Fixed Income products, preferably from a Trading Support or other

  • Front Office facing role

  • Working knowledge of current regulatory landscape (SFTR, MIFID2, CSDR)

  • Inquisitive and analytical mindset

  • Ability to prioritise multiple demands

  • Must be able to operate successfully in a fast paced and pressured environment

  • Excellent Operational Risk awareness & understanding of the importance of robust internal controls

  • Technology literate - competent user of MS Excel, Bloomberg and standard industry platforms

  • Attention to detail

  • Strong interpersonal skills.  Communicates and partners well with others to accomplish goals.

  • Ability to work diligently and independently, drive to ensure necessary work is completed to a high standard

  • Understanding of the importance of robust internal control

  • Trading floor experience

Other Qualifications

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions

  • Excels in working among diverse viewpoints to determine the best path forward

  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner

  • Commitment to challenging the status quo and promoting positive change.

  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H5

Shift: 

Hours Per Week:

0

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title:   EMEA FICC Trading Assistant (Open)

Corporate Title:  Assistant Vice President

Location:   London

Role Description:

  • Provides full support to trading activity conducted by GBAM Front Office desks

  • Responsible for trade capture & validation, adhering to the necessary regulatory framework.

  • Advising FO of position adjustments and/or discrepancies.

  • Tracks and verifies trades and checks accuracy of processed trades.

  • Performs a liaison function between originators, traders, stakeholders and support partners

  • Incumbents have a thorough understanding of the firms activities and their assigned product area.

  • Provides general team guidance & coaching, will provide input on recruiting and be part of performance management process.

  • Provides analyses when required by the desk.

  • Monitor and process time sensitive requests relating to trade bookings, settlement issues and/or downstream feeds

  • Resolve Risk and P&L issues - Work closely with Front Office, Risk and P&L to resolve issues in a timely manner

  • Resolving client issues – working with sales and client management teams

  • Cooperate with trading, sales, COO teams and often other LOB partners to enable the business

  • Build and maintain relationships across senior business leads and support partners

  • Involvement in various initiatives across both the business and Operations

The Team:

The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses.
Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.

Job Description
We seek an experienced Trading Assistant to cover all activities of the EMEA FICC Trading desks.
Based on our trading floor, this role is well suited to a conscientious, hardworking and motivated candidate seeking the opportunity to work closely with Global Markets Front Office and internal/external counterparties across multiple asset classes.
Primarily responsible for supporting the desk with all trading activities with additional focus on regulatory obligations, product enablement and ad-hoc problem solving across a broad range of FICC products and markets

Key skills:

  • Experience of working with Fixed Income products, preferably from a Trading Support or other

  • Front Office facing role

  • Working knowledge of current regulatory landscape (SFTR, MIFID2, CSDR)

  • Inquisitive and analytical mindset

  • Ability to prioritise multiple demands

  • Must be able to operate successfully in a fast paced and pressured environment

  • Excellent Operational Risk awareness & understanding of the importance of robust internal controls

  • Technology literate - competent user of MS Excel, Bloomberg and standard industry platforms

  • Attention to detail

  • Strong interpersonal skills.  Communicates and partners well with others to accomplish goals.

  • Ability to work diligently and independently, drive to ensure necessary work is completed to a high standard

  • Understanding of the importance of robust internal control

  • Trading floor experience

Other Qualifications

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions

  • Excels in working among diverse viewpoints to determine the best path forward

  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner

  • Commitment to challenging the status quo and promoting positive change.

  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-22049353

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Katie Whitehead

Referral Bonus:

0

Street Address

Primary Location:
2 KING EDWARD ST, London, EC1A 1HQ