12 Month Internship - London, United Kingdom - Crédit Agricole CIB

Crédit Agricole CIB
Crédit Agricole CIB
Verified Company
London, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description
Job description


Business type:


  • Types of Jobs
  • Corporate & Investment Banking

Job title:


  • 12 Month Internship FX Middle Office Support

Contract type:


  • Internship/Trainee

Term (in months):

  • 12 Months

Job summary:


  • Support Analyst in an MO team dedicated to FX activity, both Structured, as well as Vanilla linear and nonlinear. Assists those responsible for supporting the Global FX Trading desks.

Key Responsibilities

  • The main responsibility is to assist in controlling and guaranteeing the accuracy and timeliness of the trade capture, amendment and life cycle events in FO systems.
  • Assists in the main following tasks:

FX Vanilla MO Support Tasks.

  • You will be required to perform FX Vanilla and Linear MO tasks

Typical tasks include:

  • Check all Reuter's conversations for the trading desk the team is supporting for manually entered Reuters deals.
  • Carry amendments in FO position keeping system in a controlled manner.
  • Carry out a systemic P/L check in order to communicate any p/l changes to traders the team is supporting.
  • Check for breaks in OT blotters
  • Monitor C+R activities reports in Sigma.
  • Participate in checking daily task during the Day.
  • Validate trades with confirmation or Reuters supports and checking the accuracy of the input.
  • Check the exhaustiveness of trades manually input and internal trades in Orchestrade and Murex FCO.
  • Prepare FX Dalay Funding

Structured Products MO responsibilities:


Trade validation and controls in Murex FCO for Structured Products

  • You will be required to assist in validation for all trades input by the Structuring desks in Paris and London in Murex FCO. Including checking static data and using Term Sheets to recreate the structured payoffs to reconcile the recreated payoff against the booking in the Blotter of the Structuring Desk and in the FO trading system.

Trade inputs

  • Booking of Flexiterme partial exercises, TRF events.

Trade Event management (Barrier, Expiry)

  • Calculate and perform the expiries and validate them in the trading system.
  • Monitor and perform (with FO approval) the barriers events.
  • Ensure the exhaustiveness of the events bookings by the FO structured desks and chase them until all the events are properly booked.
  • ABF and TRF events. Ensure the booking of spots for all type of TRF and inform or confirm with sales to notify customers.
  • Ensure the accuracy of the expiries in Murex FCO
  • Trade events and fixings monitoring.
    Common responsibilities that the intern will assist with

Trades amendment and queries / investigations
Following requests from FO from other departments perform amendments after trader/structurer approval. Perform a systematic P/L check in order to communicate any P/L change to the trader. Maintain mailbox queries and respond in a timely manner.
Resolution of trade booking differences
Investigate daily breaks shown on the reconciliations for structured products.

  • Investigate queries raised by BO on client trade booking/settlement issues

Legal and Regulatory Responsibilities

  • Comply with all applicable legal, regulatory and internal Compliance requirements
Position location


Geographical area:


  • Europe, United Kingdom

City:


  • London

Minimal education level:


  • Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality:


  • Graduate with Bachelor Degree Minimum

Experience:


  • Experience of Capital Markets

Required skills:


  • Rigour and sense of organisation
  • Autonomy
  • Capacity to cooperate/Ability to work across disciplines.
- high technical and analytical ability


Technical skills required:


  • Proficient in Excel
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