£350 Per day
Inside
Hybrid
London, UK
Summary: The Equity/Derivatives Trade Support role involves providing essential support for equity swaps and derivatives trading across various desks, including flow and Delta 1 desks. The position requires a strong understanding of lifecycle events and operational controls, with a focus on enhancing client-facing support and improving processes. This is a 6-month contract with the potential for permanent placement, initially requiring full-time on-site work for the first month before transitioning to a hybrid model. Candidates must demonstrate relevant experience in their applications.
Key Responsibilities:
- Perform lifecycle events on swaps, including corporate action event processing (elections & bookings)
- Reconcile single stock and index dividends against hedges
- Handle rate and price fixings, along with processing dividend payments and FX
- Investigate P&L discrepancies and resolve queries efficiently
- Build and maintain robust operational controls for risk monitoring
- Provide enhanced client-facing swap support (FTS)
- Manage inter-system reconciliations and ensure smooth operational processes
- Contribute to project enhancements beyond day-to-day tasks, focusing on process improvements
- Collaborate with tech, front office, back office, and other relevant stakeholders to streamline operations
Key Skills:
- Strong understanding of equity swaps, derivatives, and lifecycle events
- Experience in corporate action processing, dividend reconciliation, and FX
- Excellent problem-solving and analytical skills for query resolution and P&L discrepancy investigation
- Proven ability to build effective relationships with tech teams, front office, back office, and clients
- Demonstrated ability to improve processes and drive operational efficiency
Salary (Rate): 350
City: London
Country: UK
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: Mid-Level
Industry: Finance