Energy & Commodities Operations Associate - London, United Kingdom - TP ICAP

TP ICAP

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Description

Title:
Energy & Commodities Operations Associate

Location:
Verde Office. 10 Bressenden Place, London

Hire type:
Full time, Permanent

Division:
Operations

Group Overview:

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands.

Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong.

We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

Role Overview:
Following 3 recent internal moves in to Front Office, we are looking to backfill and hire experienced Operations individuals.

As an Operations Associate, you are tasked with ensuring the accurate and timely processing of all trades, from internal front end trade capture systems, through the trade management systems, and then out to the clients via various delivery mechanisms, following established guidelines, when identifying and resolving problems, and using good judgement to refer more complex issues to senior colleagues, where appropriate.

You should be able to identify and contribute towards any process changes that will improve the level of service and control that Operations provides, in its first line of defence capacity.

You must have a broad knowledge of the wholesale financial markets and may require more specific knowledge in relation to specific asset classes, where necessary.

You must have a basic understanding of the Operations, Global Broking strategy, and work collaboratively, as part of a team, demonstrating flexibility and adaptability.

Role Responsibilities include:

Ensuring that trades arrive from the various front office trade capture systems, into the relevant trade management system, in a timely manner
Ensuring that all trades are managed efficiently, including the delivery of trades to clients, reporting venues, or clearing houses/exchanges, as appropriate.
Ensuring that all confirmations are delivered to our clients
Resolving any queries in relation to the nondelivery of electronic confirmations to a client, including but not limited to liaising with the 3rd Party vendor, liaising with the Ops Services Team, amending the trade as required.
Ensuring the integrity of the details within our system, by validating our details against records received from the 3rd party broker, if applicable
Ensuring that trades arranged with another ICAP office are efficiently monitored, and delivered, utilising the inhouse technology available.
Monitoring trade flows, via the inhouse exception monitoring tools available, escalating to your line manager as appropriate. This includes timely delivery to the clients, but also ensuring that trades have cleared, if executed to clear
Undertaking various intraday, and intramonth actions, to ensure that trades are processed, reconciled and invoiced as intended.
Providing various sources with summarised reports, as required
Providing additional Trade Management support for our EMEA Offices, if required.
Manually inputting tickets into the Trade Management system as appropriate
Engaging the team manager with any suggestions as to any process changes that may make the team more efficient or provide a more robust control environment.
Engaging with internal and external control and audit functions as appropriate, including, but not limited to Internal and External Audit
Uploading Client credit limits into the screen, creating both internal and external User logins and maintaining the various product admin properties in the database

Experience / Competences:

In addition, we require an Associate to:

Develop a good knowledge of Wholesale Financial Markets.
Show sound judgement, understanding when to escalate.
Act with integrity at all times.
Have strong personal organisational skills, whilst working collaboratively as part of a team.
Show a desire and aptitude to learn and develop, taking direction from more senior members of staff as appropriate.
Have excellent written and oral communication skills
Be Service orientated, adaptable, and resilient
Be results orientated with personal accountability
Have excellent attention to detail, quality, and control
Understand the implications of being the "First Line of Defence" within our business
Have good relationship building skills both internally and externally

Company Statement:
The TP ICAP Group is c