Trade Support Analyst - Michael Page International (UAE) Limited

Summary



Our client is looking for an Analyst (or Senior Analyst) in Trade Support for their External Funds section of the Operations deparment. This is a fantastic opportunity to gain first class international experience in a top tier investment institution.



Client Details





Our client is a global institutional investor, managing an investment portfolio that is diversified across more than two dozen asset classes and sub-categories. With over 1600 employees from more than 60 nations, the institution has been prudently investing funds on behalf of the Government of Abu Dhabi since 1976.



Description



Responsible for trade and transition support, cash management, reconciliations, SWIFT support for all external mandates governed by Alternative Investments (AIX), Fixed Income & Treasury (FI&T), Equities External (EED) and Index Funds Departments (IFD) - all Investment Departments (ID).



Capable of monitoring and verifying processed trades (Equities, Bonds, Repos, OTCs, Futures, Options, Collaterals etc), processing straight forward trades, trade matching and reconciliations, external fund transfers and handling transitions, SWIFT MTs creation and RMA setup, investigating exceptions and mismatches with custodians / FCMs / OTC counterparties (under the supervision of senior analyst and specialist) with the objective of ensuring that all trades externally settled by custodians / FCMs / OTC counterparties and internally booked on the systems in an accurate and timely manner.



Trade & Transitions Support

- Develop understanding of the business and ensure transactions for all transaction types within the Fixed Income & Treasury, Equities & Alternative Investments external mandates (Equities, Bonds, Repos, OTCs, Futures, Options, Collaterals) are received and processed in appropriate systems (incl. advising IT for extracting data into SCD) on a timely manner- Ensure market price data is received from the independent market source and updated in the relevant systems- Develop understanding of receipt of daily activity statement from FCMs and OTC counterparties, verify for completeness, make it available to other team members and send it to the Accounts Department- Report any highlighted unauthorized trade per trading agreement by external mandates to Investment Department- Assist in investigating and following up trade capture related issues (e.g., late or inaccurate processing, creation of new contracts / securities / counterparties / SSIs ) by liaising with internal and external counterparties to ensure smooth execution- Assist in necessary setup for new mandates are in place (by reference data management section of ISD) before the commencement of trading activity by the new external mandate.- Prepare instructions & arrange transfer lists to custodians / FCMs via SWIFT & secure communication to effect inter-fund transitions, cash movements and advise any standing instructions based on requests from Investment Departments.- Process securities transfers between existing mandates or to / from transition accounts within the same custodian or across various custodians on the advice of Investment Departments or Transition Management Team and ensure that these are booked in an accurate and timely manner









Cash Management

- Develop basic understanding of margin call request from FCMs and prepare funds movements advice to FI&T- Assist in execution of daily margin settlement instructions to custodian- Ensure fund movement to the hedge funds administrator on the advice of the AlX Department









Reconciliation

- Ensure all reconciliation breaks raised in TLM or by accountants are handled in a timely manner. Assist in the investigation of outstanding reconciliation issues and initiate necessary action to resolve thliProcess end-of-day (EOD) and reconcile total equit

Job Details

Date Posted:	2015-01-25
Job Location:	United Arab Emirates
Job Role:	Accounting/Banking/Finance
Company Industry:	Banking
Monthly Salary:	US $1,000

Preferred Candidate

Career Level:

Mid Career

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Company:

Date Posted: January 25, 2015 at 10:42AM

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Trade Support Analyst - Michael Page International (UAE) Limited