Trade Operations Analyst, Front Office Services - London, United Kingdom - BNY Mellon

BNY Mellon

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

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Description

Overview Of BNY Mellon:

Job Title:
Trade Operations Analyst, Front Office Services**
Department: Front Office Service

Who we are:

For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world's leading institutions the tools, capabilities, and services to be distinctive investors.

BNY Mellon has approximately $16.5billion in revenues and a 23% return on tangible common equity.

BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including:

Managing the custody of approximately $37 trillion financial assets of the world's leading institutional investors, hedge funds, sovereign wealth funds, and corporates
Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes
Providing collateral, liquidity, and funding for the world's largest banks through our markets franchise
Serving family offices and high net worth individuals through our wealth management franchise
Providing a full suite of solutions to advisors, brokerdealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers
Advising large global corporations on a range of trust and other solutions
Providing integrated managed data services to asset managers

What we do:
This role will be in the newly created Front Office Services Team. This team supports Aviva Investors.

Build and maintain close working relationship with the Aviva Investors Front Office and act as the day to day point of contact for queries
The team's main responsibilities include, trade support across all assets classes, daily monitoring and reconciliations, periodic reporting, critical analysis and alignment with the changing business

Specific responsibilities include

Acting as link between front office, BNYM, JPM national and international 3rd parties. Including the timely and accurate booking of all trades across derivative and liquid products
Ensure all brokers used across full product range are set up with all relevant paperwork in place before trading commences
Support the front office to set up any new markets that have gone through the correct approval process
Work with the reconciliations team to ensure we maintain up to date and accurate cash and holdings in Aladdin
Work with team manager to highlight all key risks and controls across the team's processes
Continually looking for any possible opportunity to improve on our processes, especially utilizing any form of automation
Ensure all Mifid II transaction reporting and trade reporting requirements are met.
Trade matching
Trade Input
Trade Cycle Management
Has a detailed knowledge of bilateral and cleared collateral/margin management
Has a detailed understanding of the endtoend lifecycle of bilateral/cleared OTC and Exchange Traded Derivatives (trade capture and confirmation).
Is able to calculate and match OTC post trade settlements/coupons
Has a strong understanding of CFD/Portfolio Swap workflows and structures
Has a detailed understanding of the key economics and underlying strategies of Derivatives including but not limited to:
Interest and Inflation Rate Swaps

Cross Currency Swaps

Credit Default Swaps

Total Return Swaps

Variance Swaps

Volatility Swaps

Futures

Options

Swaptions

To support the Aviva Investors Front Office in the execution of their core activities in a changing and dynamic environment by ensuring the provision of accurate, timely and comprehensive information.
To assist with the development of the Investment Operations function to provide a wideranging service to both internal and external stakeholders.
To provide support to the front office to ensure trades booked are monitored through to successful settlement. This will include robust oversight of JPM IOS
To constantly challenge all current processes and procedures to identify any potential for process improvement.
To work closely with the front office to ensure all required brokers and markets are set up through the correct process.

Experience & Qualifications:

Qualifications