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Trading Assistant

Apply REF: MAR000542

Job Description:


Position Purpose
The Global Markets China Trading Assistants are responsible for assisting the traders in their day-to-day activity through, but not limited to, proper deal capture flow, events and controls of FX, rates and other asset classes trades post execution. TAs are expected to show initiative, flexibility, accuracy, good communication and commitment working in the front office environment. The China trading activity forms the primary support role of this team.

Direct Responsibilities

The direct responsibilities includes but not limited to:

• Deal Capture
o Manual deal capture in front office system according to traders’ instruction and verifying deal entry against supporting documents as reference to procedure.
o Amend/cancel all trades in front office system for China trading desk.

• Risk Management
o Evaluate all new deals to see whether there is any breach of credit line or MDDR limit via Risk Navigator and to obtain pre-approval before such trades are executed.
o Perform other limits control tasks such as monitoring the onshore cash flows limit, market risk limits or maximum loss limits.
o Daily settlement limit monitor via CCP and bilateral cash flow balance.

• Deal Event Management
o Ensure all trades in front office system are amended and booked with the correct rate and in a timely manner.
o Processing of Novation and Early Termination events in front office system upon traders’ instruction

• Reconciliation
o Perform all internal and external system reconciliation checks as defined in the global or local procedure guidelines. Proper escalation if regular breaks are identified.

• Coordinate with the other teams
o Provide brief commentaries upon traders’ instruction
o Point of contact by internal departments for queries related to China trading desks
o Serve as co-ordinator between front office and other departments like middle office and back office

• Reporting & Controls
o Ensure segregation of duties by NOT quoting prices, taking orders from client, dealing individually and entering deals into non-permission systems.
o Ensuring appropriate escalation to management as soon as an issue or fraud is identified.
o Contribute to local regulatory reporting requests.
o Comply with applicable regulatory requirements and internal guidelines

• Endeavor to ensure the quality of the Bank's portfolio remains sound and healthy


Contributing Responsibilities

• Attend relevant training courses to maintain appropriate regulatory, product and technical skills.
• Collaboration with different teams to improve the efficiency and risk control.
• Maintain open communication with team and direct management to fulfill firm notification requirements and pass on client concerns.




Job Requirement:

o Results driven and detailed oriented
o Strong analytical skills, with good sense of market and control process.
o Reliable and strong team player
o Self-motivated and genuine interest in Banking and Finance
o Proficiency in Microsoft office (MS Word, Excel & Power point)
o Major in Finance, Math, Economics, Econometrics and etc.
o Prior related internship/working within the sales and trading industry is an advantage

Primary Location: CN-31-ShanghaiJob Type: Standard / PermanentJob: CUSTOMER RELATIONSHIP MANAGEMENTEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 3 years Behavioural competency: Attention to detail / rigorTransversal competency: Ability to develop and adapt a process