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Trade Management Associate

Group Overview:
The TP ICAP Group is a world leading provider of market infrastructure.
 
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
 
Through our people and technology, we connect clients to superior liquidity and data solutions.
 
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.
 
The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Overview of Role
ICAP North America Trade Support is responsible for producing timely, accurate, and accessible books and records / trade data. Trade Support staff serve in a control function while simultaneously providing support to the ICAP business. This support is in line with industry standards, ICAP protocols, and regulatory oversight. This specific position will require the candidate to cross train in additional products and develop a working understanding of how Latam Interest Rate Swaps trade on screen and off to anticipate post trade flows. Ideally the candidate is bilingual in Spanish and English.
 
Trade Support acts as a partner to the businesses supported, ensuring daily securities and derivative businesses are completed and processed as efficiently as possible.

This role will be in office Monday - Friday in Jersey City. For immediate hire only- must be able to start by May 15.
 
Key Responsibilities
·        The Trading/ Operations specialist is a key member of the desk and its success
·        Supports trade processes, data management, client reporting and portfolio management functions
·        This person will work closely with the Client Support Services team and the brokers
·        This position requires strong computer skills, attention to detail, positive professional attitude, and ability to work in a team environment.
·        Operate in a functional control environment adhering to published policies and procedures
·        Process post trade amendments
·        Monitor incoming messages from clients and compare and confirm trade details.
·        Provide senior operations and business management with ad hoc queries and reporting
·        Identify and assist in resolving trade discrepancies and breaks both internally and externally
·        Serve as liaison between brokers and the back office when issues with trades arise
·        Participate in user acceptance testing for system upgrades and/or rollouts of new functionality
·        Serve as a point of escalation for clients or brokers regarding end of day recaps, confirmations, and STP messaging
·        Ensure trade processing and reporting is done in accordance with all pertinent regulatory rules
·        Identify and escalate open issues to management in an effort to mitigate risk.
·        Cross Train to provide coverage for different product lines.
 
Competencies
·        Excellent relationship building skills
·        Results oriented with personal accountability
·        Being able to work well under pressure and in a busy environment
·        Being able to meet deadlines in cases where projects are time sensitive
·        Excellent attention to detail and organizational skills
·        Strong verbal and written communication skills required for regular interaction with brokers, clients, and senior management
·        Must be a people person: both a team player as well as a strong, independent contributor
·        Must have demonstrable problem-solving skills
 
Qualifications & Experience
·        Spanish and English preferred
·        Bachelor’s degree preferred
·        0 to 5 years of work experience in financial operations
·        Series 99 licensed or successful completion within six months of beginning of employment
·        Strong PC skills, with a working knowledge of all Microsoft Office applications
·        Exposure to GCAS, Options, OASYS, Omgeo, SSEOMS, Mixit, Flex Trade a plus


Company Statement:
The TP ICAP Group is committed to promoting Equality and Diversity and encouraging a culture that actively values difference. It is recognised that employees from different backgrounds and experiences can bring valuable insights to the work environment and enhance the way we work. TP ICAP aims to create a positive, cohesive and inclusive culture, where diversity is valued, respected and built upon. The objective is to recruit and retain a diverse workforce that reflects the global markets in which we work.
 
TP ICAP is also committed to ensuring that the backgrounds, beliefs and cultures of all its employees are respected and to ensuring that the working environment is free from discrimination, harassment, bullying or any other conduct which causes an employee’s suffering. The Group also is committed to encouraging diversity amongst its current workforce and candidates.