Repo/Settlements Analyst - Repo Margin Operations

A Leading Financial Services business are looking to hire a Repo/Settlements Analyst - more than likely with Fixed Income exposure and Front/Middle Office expertise.

  • £400 - £500 per day (Inside IR35/Umbrella or PAYE only)
  • The role is an initial 4 to 6 month contract (scope to roll)
  • The role is a Hybrid working (3 days a week in the office, 2 from home)
  • Based in London

Profile Summary

The Derivatives and Securities team are responsible for the confirmation and settlement of a variety of products in support of various Front Office areas of the bank. This takes the form of a full end to end flow from the point of trade through to the cash settlement of the trade. We have contact with external customers, Head Office and most internal departments of the European branches. Products covered include, but are not limited to, OTC Derivatives, Futures & Options, Fixed income, CD Issuance, NDF, Bond Agency, Corporate CSA, Regulatory reporting. Due to the wide range of products we manage the team is also involved in a large number of projects alongside the daily operations. This role will provide the opportunity for the successful candidate to take on a key role supporting the expansion of the Fixed Income business within the branch.

REPO MARGIN - exchange margin

Looking for somebody in Bond, Fixed income, Trade Repo, Trade support, Middle Office

  • Trade matching and confirmation process
  • Settlements
  • Repo Margin experience
  • Exchanging the margin - cash settled margin (don't do stock lending and tri party agreements)
  • SFTR reporting will be handled elsewhere - so don't need that experience
  • Transactions settlements

Duties and Responsibilities

  • Ensure the timely confirmation and settlement of all DCS products within the time line set by management and working in full compliance within Head Office and Internal Operating Procedures.
  • Identify and escalate to Team Leader and/or Section Head immediately any potential operational difficulties.
  • Adherence and compliance with the Quality Management System.
  • Identify and report any errors to Team Leader and/or Section Head promptly and work to resolve the issue and provide process improvement to prevent repeat errors.
  • Constant reviews of current processes and where possible suggest improvements
  • Ensure effective communication, both verbal and via email, is delivered in a concise and timely manner.
  • Liaise closely with front office areas to build cross department relationships and improve the service we provide.
  • Work closely with existing MHI operations to share information and processes.

Qualifications, Skills and Experience

  • Excellent communication skills including training others
  • Strong numerical and analytical skills
  • Collaborative nature to contribute to a successful team performance
  • Demonstrable ability to innovate, support change and problem solve
  • High level of computer literacy particularly in Microsoft office products
  • Great organisational and time management skills
  • Detailed knowledge of Fixed Income products including Bond, Repo and CD Issuance.
  • Full end to end trade support including confirmation, matching and settlement.
  • Experience of Repo Margin operations essential.
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