Trade Assistant Credit

Calling all Credit TA's

Please apply if you are:

- A Trade Assistant currently, focusing on T0 Trade Booking, Validation, P&L, Confirmations and Blotters

- Have Python experience

- Credit Derivatives/ CDS / Structured Credit Specialism

Prior Hedge Fund or Tier 1 Banking experience a must.

CREDIT TRADE ASSISTANT

Salary: £75-100,000Location: London

What you'll do:

As a Credit Trade Assistant, you will immerse yourself in the day-to-day activities of a high-performing trading desk. Your responsibilities will span from ensuring precise trade capture in front office systems to producing insightful portfolio reports that inform decision-making. You will be instrumental in resolving operational queries by liaising with both internal teams and external brokers. By taking ownership of deal site access management and research distribution processes, you will help maintain smooth information flows across the business. Your analytical skills will be put to use during end-of-day P&L reviews, where your keen eye for detail ensures data integrity. Additionally, you will have the opportunity to drive process enhancements through ad-hoc projects that improve efficiency across trading platforms. Success in this role comes from your ability to juggle multiple priorities while maintaining open lines of communication with colleagues at all levels.

• Book, process, and validate trades accurately in front office booking systems while maintaining meticulous attention to detail throughout each transaction.
• Monitor portfolios daily to ensure all trade captures are reflected correctly in the books and promptly address any discrepancies that arise.
• Collaborate closely with the Operations Team to resolve trade booking and settlement inquiries, including complex term loan settlements.
• Track new issue and primary allocations across portfolio management teams while managing offering memorandum inventory efficiently.
• Oversee deal site access processes and manage research capture as well as distribution emails for seamless information flow.
• Prepare detailed portfolio monitoring reports and conduct end-of-day P&L reviews to ensure accuracy and reasonableness of daily front office profit and loss figures.
• Respond swiftly to internal queries from portfolio managers and the trading desk regarding executed transactions, providing clear communication at all times.
• Lead ad-hoc initiatives aimed at enhancing the trading and booking platform by identifying areas for system or process improvements.
• Support ongoing reporting requirements by tracking key metrics related to trade activity and portfolio performance.
• Contribute positively to a culture of collaboration by sharing insights with colleagues and participating actively in team discussions.

What you bring:

The ideal candidate for the Credit Trade Assistant position brings proven experience from a similar role within credit or convertible securities trading environments. Your background equips you with an understanding of complex financial instruments as well as the nuances involved in trade execution support. You possess outstanding interpersonal skills that allow you to build rapport across departments while addressing queries efficiently. Your methodical approach ensures accuracy when handling sensitive data such as trade bookings or P&L statements. Adaptability is key; you thrive when balancing competing demands under pressure yet remain focused on delivering high-quality outcomes. A willingness to embrace new technologies such as Python scripting demonstrates your readiness for continuous improvement. Above all, your passion for markets drives your commitment to excellence within a collaborative team setting.

• A minimum of 3-5 years' experience working on a similar desk within credit or convertible securities businesses, demonstrating deep familiarity with relevant products.
• Comprehensive knowledge of credit products coupled with an enthusiasm for financial markets and investing.
• Excellent communication abilities that enable you to interact effectively with portfolio managers, brokers, and operations staff alike.
• Proven organisational skills allowing you to manage multiple tasks simultaneously while meeting tight deadlines without compromising quality.
• Experience using front office booking systems for trade processing along with strong attention to detail when validating transactions.
• Demonstrated capability in preparing accurate P&L reports as well as conducting thorough end-of-day reviews for data consistency.
• A collaborative approach that fosters positive relationships within cross-functional teams dedicated to shared goals.
• A proactive attitude towards identifying opportunities for system or process improvements within trading environments.
• Familiarity with Python programming is preferred as it supports automation initiatives within the team's workflow.
• A commitment to personal development through ongoing learning opportunities provided by the organisation.

What's next:

If you are ready to take your career forward in credit trading operations within a supportive team environment, this is your moment apply now!

Apply today by clicking on the link provided below; we look forward to connecting with talented individuals eager to make an impact.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates