At a Glance
- Tasks: Support and streamline operations in a dynamic international banking environment.
- Company: Join a leading international financial institution with a global reach.
- Benefits: Competitive salary, bonus, 4 weeks vacation, and RRSP matching.
- Other info: Hybrid work model with opportunities for career growth in a multicultural setting.
- Why this job: Gain valuable experience in capital markets and enhance your financial knowledge.
- Qualifications: University degree and 4-6 years in Capital Market Operations preferred.
The predicted salary is between 92500 - 95000 $ per year.
A large international financial institution operating across multiple regions, serving corporate, institutional, and commercial clients. The organization provides services in investment banking, capital markets, structured finance, commercial banking, and international trade within a highly regulated global environment.
Location: Montgomery
Work model: Hybrid, 2 days remote work allowed, in-office to start for training
Type of position: Full time, permanent
Salary: 92.5-95k + 10% bonus + 4 weeks vacation. They offer a great benefits package. RRSP matching, you contribute 2% and they contribute 8%.
More about the role: In a dynamic and International environment, you will be part of the control and support functions of the operations initiated by the GMD Front Office in Hong Kong and Asia satellite sites within the back office system. Your role will be to facilitate and smooth the processing of the operations in the processing chains by ensuring an effective and relevant control process of operations.
Operations & Country COOs (OPC) in Hong Kong is made up of four main teams:
- Financing & Trade Operations (FTO) including Documentary & Guarantee Operations
- Credit & Loan Operations
- Transaction Banking Operations (TBO) covering client account operations
- Capital Markets Operations (CMO) including Middle Office, Back Office and Transverse Operations functions
- Asia & Middle-East Operations Projects (AOP) covering CMO, FTO, TBO and Transversal projects
Within Capital Markets Operations (CMO), Middle Office teams (CMM) are in charge of controlling the booking of transactions in the bank's Front Office and Back Office tools and managing the life cycle of operations. MO Post Trade team is in charge of the management of the stock and life cycle of Capital Markets transactions within the Back-Office tools for several of the bank's entities (e.g. Singapore, Hong Kong, China, Tokyo).
You will develop various skills: knowledge of financial products and financial market environment, effective communication with different stakeholders and problem solving.
KEY RESPONSIBILITIES:
- Ensure the proper integration of transactions initiated by the Front Office into the Back Office systems of the Bank.
- Deal checking against trade supporting documents and liaise with internal teams for any trade discrepancy.
- Investigation related to internal queries (deal searching, request for information, FO-BO reconciliation).
- Conduct controls related to the integration of operations in respect of local regulations and internal policies.
- Management of requests from Control / Reconciliation / accounting teams.
- Management of fixing within back office systems.
- Booking of non STP operations in the Back Office System according to the documentations.
- Management of transverse tasks: Brokerage value, Structure Id and other tasks.
- Assist Line manager to carry out common projects / global initiatives.
- Assist in system enhancement and UAT testing.
- Participation in the drafting and/or updating of operational procedures for the sector.
- Manage operational risk with a duty to alert Management.
Main products processed: Foreign Exchange (FX Spot, FX Swap, FX Forward, FX Option, FXNDF etc.) and Treasury (Deposits, Loans). Rates: Swap, Cap, Floor, FRA (Forward Rate Agreement), Swaption, Interest Rate Future (IRF) Structured Products.
ROLE REQUIREMENTS:
- University degree with 4-6 years of experience in a Capital Market Operations or Middle Office environments.
- Degree holder from discipline in business administration, banking or finance-related discipline preferred.
- Knowledge of financial products and understanding of operational risks involved in Fixed Income and FX products.
- Good knowledge of processing framework and regulatory environment will be beneficial.
- Good judgment, alertness and common sense.
- Good analytical, organizational and interpersonal skill.
- Comfortable with multi-tasking and able to work under pressure.
- Fluency in English. Proficient in French or other Asian languages is a plus.
- Versatile with PC tools and applications, e.g. MS Office, VBA.
- Perfectly at ease in a multi-cultural environment.
Post Trade Associate in Montréal employer: Groom & Associés / Associates
Groom & Associés is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Director of Financial Planning and Analysis role in St Jacques, QC. With a strong emphasis on employee growth and development, the company offers unique opportunities to lead strategic financial initiatives while working in a hybrid environment that promotes work-life balance. Employees benefit from a supportive team atmosphere and are encouraged to contribute to the organization's continuous improvement and transformation efforts.
Contact Details:
Groom & Associés / Associates Recruitment Team
