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Banking Derivatives Clerk -Treasury Middle Office

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Banking Derivatives Clerk -Treasury Middle Office

  • Location:


  • Sector:

    LMA UK Operations

  • Job type:

    Temporary & Contract

  • Salary:

    £40000 - £50000 per annum + DOE

  • Contact:

    Kim Carmona

  • Contact email:

  • Job ref:


  • Published:

    about 1 month ago

  • Expiry date:


  • Startdate:


  • Client:


Key Job Functions

  • Accountable for the timely and accurate trade input of derivative products, bonds and associated tasks.

  • Administer rate fixings of all floating rate deals, average strike options and non-deliverable forwards.

  • Manage relationships with internal stakeholders to promote quality of service, ensuring the timely escalation and resolution of issues and queries.

  • Provide regular management reporting to gauge level of errors and highlight areas that can be proactively improved upon

  • Manage the maintenance and review of desktop procedures relating to day to day processes and administer updates via the policy and procedures database on a periodic basis in order to comply with bank policy.

  • Ensure reconciliation breaks with Nostros, Futures Brokers or Custodian statements are proactively followed up and resolved.
  • Ensure Custodian and Futures balances are fully reconciled and trades settled to meet market conventions.

This role will include working together with the following stakeholders

  • Treasury Department
  • Treasury Operations
  • Loans Administration
  • Front Office

Experience & knowledge required:

  • Previous experience of Trade Input and Trade Support

  • Demonstrates good influencing and negotiations skills

  • Strong communication skills, with ability to deal effectively at all levels

  • Strong working knowledge of Excel, capable of manipulating financial data

  • Self motivated, energetic, flexible and collaborative

  • Knowledge of derivatives (key) and marketing products

  • Knowledge of EMIR, other pertinent regulation applicable to role

This is a long-term temporary contract with good prospects of extension subject to business needs. Interested parties please get in touch / apply asap.