Structured Desk Support Associate

Title: Structured Desk Support Associate
Duration: 6 Months
Location: Toronto, ON
Work Model: Hybrid
Job ID: 26-39127
Pay Rate: C$50/hr. Inc

Introduction

The role works closely with the Global Structured Products trading desks providing desk support services for all pre and post execution events. The Associate also works on ensuring that downstream feeds for various products (Structured Notes, Equities, OTC Equity and Interest Rate Derivatives, Bonds and Loans) are setup and acts as a liaison between the Trading desk and other stakeholders. This position is accountable for the execution of assigned Global Trade Support activities for various products and processes that require specialized handling and skills applying in-depth product knowledge. The role supports the introduction of new products, technology or processes and develops and maintains excellent working relationships with Capital Markets Trading Products desk, Product Operations personnel and other stakeholder groups.

Required Skills & Qualifications

• 1-3 years of business-related experience in the financial services industry.
• University Degree/College Diploma in related discipline.
• Knowledge of Vanilla and Exotic derivative products (i.e. Structured Notes, Equities, OTC Equity and Interest Rate Derivatives – Swaps, Forwards, Loans and Bonds).
• Must have Project / Testing experience and worked on on-boarding trading platforms.
• Familiar with TraderEH, SwapOne, Imagine, Calypso, Bloomberg.
• Knowledge of Financial Markets and Regulatory oversight bodies.
• Strong written and oral communication skills.
• Ability to work under tight deadlines independently or in a team-based environment.
• Strong investigation and problem-solving skills and attention to details.
• Demonstrates analytical thinking and sound judgment when making decisions.
• Good organizational skills, highly motivated and adaptable to a changing business environment.
• Good understanding of business unit’s risk and regulatory requirements.
• Good understanding of internal business partner’s business, services and organization.
• Knowledge of departmental systems and applications supporting a range of Financial Products.
• Advanced Client Office skills particularly in Excel.
• Prior work experience at client or in client's Industry.

Preferred Skills & Qualifications

• Experience in system migration and enhancement projects.
• Proficiency in creating robust trade booking and trade activity monitoring tools.
• Experience in UAT testing and assessing impact of trade bookings on Market risk and P&L impact on trading books.

Day-to-Day Responsibilities

• Ensure that all new trade bookings and trade amendments are accurately reflected on various trading platforms and updated to properly reflect life cycle events.
• Act as a 1st line of defense to ensure that appropriate controls are in place to reduce operational risk.
• Work closely with IT / PD to automate transactions workflow.
• Proactively investigate and resolve position, trade, and payment discrepancies.
• Responsible for completion of EOD process including completeness and reconciliation checks.
• Ensure all procedure documents are in place and up to date.

For immediate consideration please click APPLY to begin the screening process with Alex.