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Rates Trade Support, SME for Traders

Hays Specialist Recruitment Limited
Posted 2 days ago, valid for a month
Location

London, Greater London EC1R 0WX

Salary

£30,000 - £36,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Our client, a fast-growing asset manager specializing in global quantitative macro strategies, is seeking a Middle Office Operations Interest Rate Swaps (IRS) Subject-Matter Expert.
  • Candidates should have at least 5 years of experience in IRS trade support and be adept at managing the full trade lifecycle in a high-volume environment.
  • The role involves providing support for trading activities, overseeing third-party administrators, and collaborating with the front office on various middle office tasks.
  • In return, the client offers a highly competitive salary along with bonus potential and a comprehensive benefits package.
  • Additional perks include complimentary meals, access to an in-house gym, and subsidized external gym memberships in a modern office space.

Our client is a fast-growing asset manager specialising in global quantitative macro strategies, renowned for their unrivalled fund performance. With international offices, including their London location at the forefront of their expansion, they have created a new role for an experienced Middle Office Operations Interest Rate Swaps (IRS) Subject-Matter Expert to support the Trading Desks.

This Rates role will suit candidates with strong IRS trade support experience, who can take ownership of Rates and act as the SME for the trading desks. The desks are trading more IRS alongside the implementation of a new system, hence the creation of this new role.

Candidates will be experienced across the full life cycle events of Interest Rate Swaps, such as novations, compressions, terminations, curve management (yield curves), resetting interest rates, handling different applicable dates, accrued interest calculations, valuation and market value assessments and maturity and termination processes.You will serve as the first point of contact for traders, providing essential support for their IRS trading activities and overseeing third-party administrators. This role involves managing the full trade lifecycle in a high-volume environment, predominantly straight-through processing (STP), while handling complex exceptions, investigations, and reconciliations. You will collaborate closely with the front office and third-party administrators on various middle office tasks, including reconciliation.

This is a fast-paced but rewarding and dynamic environment. To be considered, candidates will come from a strong Interest Rate Swaps background gained in either an investment bank, investment manager, hedge fund or third-party administrator. As a member of the middle office team, you will act as the crucial link between the front office and third-party middle office administrators, ensuring efficient communication and seamless trade operations.

In return, our client offers a supportive and collaborative team environment, a highly competitive salary, bonus potential and an enticing benefits package. Perks include complimentary breakfast and lunch when in the office, access to an in-house gym as well as subsidised external gym membership and much more in their brand-new modern office space. This is an exciting place to work and to be a part of the continual expansion and growth.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.