The Trading Assistant Associate will work in the Counterparty Portfolio Management (CPM) line of business, covering both the XVA and Risk Optimization Group (ROG) trading desks. The XVA trading desk focuses on managing counterparty credit risk (CVA) and funding risk (FVA), hedging those risks with a variety of cross-asset derivative instruments including rates, credit, FX, commodities, and equities. The ROG trading desk has two main functions – risk optimization, which includes initial margin, GSIB, and regulatory capital optimization; and collateral trading optimization. The Trading Assistant Associate will work with both trading desk and be responsible for executing trade capture, risk validation, end-of-day and ad-hoc reporting, investigating and resolving discrepancies.

Key Responsibilities:

• Execute trade capture, risk validation, process amendments, monitor trade clearing status, resolve discrepancies, and focus on meeting real time reporting requirements

• Collaborating with traders and other stakeholders including traders, trade control, counterparties, operations, finance, and compliance

• Monitor trades and prepare reports for the trading desks

• Responding to ad hoc requests and investigations promptly

• Participating in initiatives to drive growth, operational efficiency, and automation

• Identifying  opportunities for process and infrastructure improvements

Requirements:

• 3+ years of applicable Trading Assistant & Control experience at an investment firm or bank

• Requires product knowledge of swaps, options, forwards, and futures, and their respective life-cycle events

• Ability to multi-task and engage business partners for efficient resolution

• Demonstrates effective time management and prioritization skills.

• Take personal responsibility for delivering high quality work and have a track record of outperformance and delivery

• Ability to thrive in a dynamic, team-oriented environment – both work closely with senior members of the team and work independently

• Self-starter with outstanding problem solving skills

• Operates with a sense of urgency at all times  

• Excellent verbal and written communication skills. 

• Be enthusiastic, keen to learn and quick to gain an understanding of complex issues and concepts

• Minimum of Bachelor of Science Degree in either of Finance, Mathematics, Accounting or Economics or equivalent work experience.