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.

About ICAP

ICAP, part of TP ICAP group, provides a wide variety of execution and information services to wholesale market participants.

We offer broking services covering a wide range of asset classes, including Commodities, Credit, Equities, FX, Money Market Funds and Rates.

For each asset class, ICAP offers e-trading capability, giving clients the option to enter prices and execute trades directly via one of our hybrid electronic trading systems, or to engage with brokers who can identify and negotiate trades

Role Overview

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 Non-Deliverable Forwards 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.

PLEASE NOTE: This is a TEMPORARY role. The length of this role will be approximately 6-7 months in total.

Role 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.

Experience / Competences

Essential

• 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

Desired

• 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

Role Band & Level: Support, 3

$65,000 - $70,000

#ICAP

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location
USA - 200 Vesey Street - New York, NY