Specialist - Operations General

Job description

Overview

To support the FXPB department. Mainly for SFL and SFP (SXM possible overlap)

General Duties

The role includes: Monitoring FX positions and cash balances for Prime Brokers and clients. Matching trades and checking trade flow into the in-house operational system. Ensuring swap adjustments for client deliveries are completed accurately and on time. Checking FX swaps for the front office on O/N (overnight), T/N (tomorrow-next), and S/N (spot-next). Monitoring daily cash balances (cash, same day, and value tomorrow) against Prime Brokers and clients.

Emailing daily netting figures to internal/external clients and Prime Brokers. Investigating breaks in FX positions or cash balances. Reconciling Excel cash sheets against the in-house system. Preparing and checking client and Prime Broker payments after netting completion. Reconciling banking systems with the in-house system to confirm funds are received and paid. Liaising with Treasury regarding payment queries. Booking FX spot and swap trades into the back-office system for other internal desks.

Reconciling Prime Broker balances daily and obtaining sign-off. Liaising with the Front Office regarding late or missed settlements.

Qualifications

Knowledge and Experience Required skills include: Strong attention to detail. Proficiency in Microsoft Excel, Word, and Outlook. Ability to learn new systems quickly. Strong organizational skills. Ability to follow procedures accurately. Strong communication skills across all levels. Good numerical aptitude. Ability to work independently and within a team. Ability to work under tight deadlines.

Preferred Product Knowledge Knowledge of: FX Spot Swaps Forwards NDFs (Non-Deliverable Forwards) Options