FDM is a global business and technology consultancy seeking a Senior Transaction Specialist to work for our client within the finance sector. This is initially a 12-month contract with the potential to extend and will be a hybrid role that will be based in London.
As a Senior Transaction Specialist, you will work as part of the Rates & FX Transaction Management team in Markets Middle Office team providing specialist technical, analytical, and advisory support to key stakeholders and business partners including Corporate & Institutional Banking (CIB), Business & Commercial Banking (BCB) and Group Corporate Treasury (GCT) across a range of complex market products with significant portfolio values. In addition to being able to work within critical deadlines they must have strong and articulate communication skills to relay key messages where risks and issues need to be clearly understood to ensure appropriate risk management activity including appropriate escalation is undertaken.
Subject matter expertise in products, infrastructure and business processes is imperative as a business partner supporting the design of bespoke operational processes and performing appropriate and timely analysis over complex information escalating where markets abuse may have been detected. An understanding of Financial Markets products, specifically interest rate swaps, FX, Futures & CDS as well as the business processes and front to back infrastructure of these products. a detailed understanding of multiple regulatory obligations emanating from worldwide regulatory bodies where obligations are complex, diverse and where there is risk of censure for non-adherence.
Responsibilities
Provide Transaction Management services to all Financial and Capital Markets Sales & Trading teams
First point of contact for Front office, clients & wider Markets Operations teams including escalation for all operational & support queries acting as a conduit between Front and Back Office where required
Manage all market lifecycle activities on behalf of the bank including but not limited to Compression, Novation's, terminations, options exercises, backloading and late clearing,
Consult with downstream control functions to resolve the fall out between front and back office systems ensure all trades reach Summit and feed trader risk position
Provide a professional service to all internal and external clients, and constructive input to work ongoing in other areas
Assist in the resolution of all client queries that have arisen from an action undertaken by Market Ops, undertaking root cause analysis arising from client issues, develop and deliver actions plans to drive continuous improvement
Support a sustainable, cost-effective target operating model to support business needs, adapting as necessary as the business model evolves
Contribute to and develop existing business relationships with stakeholders through the provision of performance metrics and stakeholder engagement
Develop and maintain procedures and interpret and apply policy for Markets Middle Office to achieve specified outputs, or advise the wider business on application of policy, then monitor implementation of those procedures within the organisation
Support the wide range of activities of Middle Office teams ensuring compliance with regulatory requirements by liaising with all internal risk management functions while supporting the development and implementation of the organisation's compliance policy
Ensure adherence with Group policy, procedures and guidelines, quality standards and all regulatory and statutory requirements
Measure and report MI, KPI and KRI. Engage with industry developments appropriate to business area and the wider market and understand how the external environment, including the regulatory landscape will influence change within Markets Operations
Assist key stakeholders with programme objectives, ensuring confidence in delivered solutions, ensuring they are market leading and support the implementation of change when required
About You
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Requirements
Excellent knowledge of Financial and Capital Markets products and end to end system infrastructures including, Interest Rate Swaps, FX, swaptions, futures and CDS
Understanding of lifecycle activity of all products including but not limited to Compression, Novation's and terminations
A varied understanding of markets systems including Summit, Murex, LCH, ICE Link, Trioptima
Excellent technical skills in all Microsoft applications
Strong capacity for operating in a flexible, multifaceted environment where creative and critical thinking is required
Ability to prioritise and handle workflow within tight deadlines and in pressurised situations
Attention to detail with superior written, verbal, problem-solving skills
Appreciation and awareness of the internal risk and control framework, policies, and procedures
Ability to translate complex business requirements into a clear effective delivery
Capability to build and maintain strong working relationships at all levels internally across the Group and externally with other industry participants, trade bodies and suppliers, using these relationships to build influence whilst working in a professional and empathetic manner
Desire to learn and develop at pace attaining the vital knowledge and abilities
About Us
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Why join us
Career coaching, mentoring and access to upskilling throughout your entire FDM career
Assignments with global companies and opportunities to work abroad
Opportunity to re-skill and up-skill into new areas, develop non-linear career paths and build a skillset within your field
Annual leave, work-place pension and BAYE share scheme
About FDM
We are a business and technology consultancy and one of the UK's leading employers, recruiting the brightest talent to become the innovators of tomorrow. We have centres across Europe, North America and Asia-Pacific, and a global workforce of over 3,500 Consultants. FDM has shown exponential growth throughout the years, firmly establishing itself as an award-winning employer and is listed on the FTSE4Good Index.
Diversity and Inclusion
FDM Group is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, national origin, age, disability, veteran status or any other status protected by federal, provincial or local laws.
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