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Associate – Rates Middle Office Support ** Job Opening In Hong Kong, Hong Kong – Now Hiring Crédit Agricole CIB


Job description

Job description

Business type

Types of Jobs - Operations

Job title

Associate – Rates Middle Office Support **

Contract type

Permanent Contract

Job summary

** This position will be under the Employee Referral Program in Hong Kong.

Within, Operations, Premises & Country COOs (OPC) based in Hong Kong, Capital Market Operations (CMO) teams are responsible to process the transaction activities for Credit, Rates, FX/MM, Securities and Equities for multiple geographies (APAC and EMEA).

There are 2 teams under CMO HK in charge of:

  • Capital Market Middle Office (CMM)
  • Capital Market Back Office (CMB)
  • Capital Market Middle Office team in HK is around 40 staffs and 6 sub-teams:

  •  MO Sales and Client Services: In charge of deals originated by Sales including Trade validation, allocations, MTM reporting and collateral management
  • MO IRD/ EIS: In charge of Interest Rate and Equity Derivatives
  • MO FX/MM/ Credit: In charge of Foreign Exchange, Money Market and Credits
  • MO Post Trade: In charge of the processing activities from FO systems to BO systems
  • MO Reconciliation: In charge of the various reconciliation (FO-BO; FO-FO,…)
  • MDA: In charge of Market Data activities
  • This role is within the Capital Markets Rates Middle Office Support teams covering Linear and Structured Rates derivatives.

    Key Responsibilities
     

  • Provide support to Front Office business lines under Global Markets Division during Asian trading hours
  • Ensure transactional integrity across trading applications, including 1st level trade checking
  • Perform trade modification, cancellation, and/ or trade event processing (ie: early termination, partial termination, unwind) upon trading approval and report profit and loss impact, if any
  • Monitoring, calculation and validation of events affecting the life of a structured product (coupons, Securities transactions, early partial closing, early exercise, maturity, nominal changes, etc.)
  • Monitoring, calculation and validation of events affecting the life of a structured product (coupons, early partial closing, early exercise, maturity, nominal changes, etc.)
  • Provide an efficient post-trade support by ensuring trade information flows efficiently through deal processing from front office to back office system and front-office to front office system
  • Investigate and follow-up of breaks sent by back office, front office and other internal departments.
  • Support local business development and volume increase.
  • Ad hoc participation and support for projects for continuous improvement and optimization of management processes (specifications, user tests, process drafting) in conjunction with project teams, IT teams and management
  • Personal data provided by job applicants will be used strictly in accordance with the employer’s personal data policies, a copy of which will be provided immediately upon request.

    La version française est disponible sur demande à votre RH locale


    Position location

    Geographical area

    Asia, Hong Kong

    City

    HONG KONG

    Candidate criteria

    Minimal education level

    Bachelor Degree / BSc Degree or equivalent

    Academic qualification / Speciality

    University Degree holder from discipline in Finance, Mathematics or Engineering


    Level of minimal experience

    6-10 years

    Experience

    Minimum 5-8 years’ experience in Rates Derivatives Middle Office environment is necessary


    Required skills

  • Good knowledge of financial products and understanding of the operational risks involved in Rates derivatives including the structured products
  • Good analytical, organizational and interpersonal skill
  • Comfortable with multi-tasking and able to work independently with minimal supervision
  • Strong attention to details and a self-starter who is highly motivated
  • Good judgement, alertness and common sense
  • Versatile with PC tools and applications, e.g. MS Office, VBA

  • Languages

    Fluency in English.

    Proficient in French or other Asian languages a definite advantage

    Required Skill Profession

    Financial Clerks


    • Job Details

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    2. Loyalty

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    7. Obeying Hong Kong laws and regulations

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