Associate - Rates Middle Office Support

Hong Kong
Permanent
Full-time

13 days ago

** This position will be under the Employee Referral Program in Hong Kong.Within, Operations, Premises & Country COOs (OPC) based in Hong Kong, Capital Market Operations (CMO) teams are responsible to process the transaction activities for Credit, Rates, FX/MM, Securities and Equities for multiple geographies (APAC and EMEA). There are 2 teams under CMO HK in charge of:

Capital Market Middle Office (CMM)
Capital Market Back Office (CMB)

Capital Market Middle Office team in HK is around 40 staffs and 6 sub-teams:

MO Sales and Client Services: In charge of deals originated by Sales including Trade validation, allocations, MTM reporting and collateral management
MO IRD/ EIS: In charge of Interest Rate and Equity Derivatives
MO FX/MM/ Credit: In charge of Foreign Exchange, Money Market and Credits
MO Post Trade: In charge of the processing activities from FO systems to BO systems
MO Reconciliation: In charge of the various reconciliation (FO-BO; FO-FO,…)
MDA: In charge of Market Data activities

This role is within the Capital Markets Rates Middle Office Support teams covering Linear and Structured Rates derivatives.Key Responsibilities

Provide support to Front Office business lines under Global Markets Division during Asian trading hours
Ensure transactional integrity across trading applications, including 1st level trade checking
Perform trade modification, cancellation, and/ or trade event processing (ie: early termination, partial termination, unwind) upon trading approval and report profit and loss impact, if any
Monitoring, calculation and validation of events affecting the life of a structured product (coupons, Securities transactions, early partial closing, early exercise, maturity, nominal changes, etc.)
Monitoring, calculation and validation of events affecting the life of a structured product (coupons, early partial closing, early exercise, maturity, nominal changes, etc.)
Provide an efficient post-trade support by ensuring trade information flows efficiently through deal processing from front office to back office system and front-office to front office system
Investigate and follow-up of breaks sent by back office, front office and other internal departments.
Support local business development and volume increase.
Ad hoc participation and support for projects for continuous improvement and optimization of management processes (specifications, user tests, process drafting) in conjunction with project teams, IT teams and management

Personal data provided by job applicants will be used strictly in accordance with the employer's personal data policies, a copy of which will be provided immediately upon request.La version française est disponible sur demande à votre RH localePosition locationGeographical areaAsia, Hong KongCityHONG KONGCandidate criteriaMinimal education levelBachelor Degree / BSc Degree or equivalentAcademic qualification / SpecialityUniversity Degree holder from discipline in Finance, Mathematics or EngineeringLevel of minimal experience6-10 yearsExperienceMinimum 5-8 years' experience in Rates Derivatives Middle Office environment is necessaryRequired skills

Good knowledge of financial products and understanding of the operational risks involved in Rates derivatives including the structured products
Good analytical, organizational and interpersonal skill
Comfortable with multi-tasking and able to work independently with minimal supervision
Strong attention to details and a self-starter who is highly motivated
Good judgement, alertness and common sense
Versatile with PC tools and applications, e.g. MS Office, VBA

LanguagesFluency in English. Proficient in French or other Asian languages a definite advantage

Crédit Agricole CIB

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