The London Sales MO analyst will assists the team in the execution of control and support functions for our Global Markets Division sales desks. The team’s main responsibility is to ensure the timeliness of trade capture, amendment, cancellation, validation, deal flow and life cycle events in FO systems.
MOS Sales is an external facing function working with the operational team of our clients on post trade request (novations / allocations / booking error / failed settlement) requiring good communication skills, as you’ll be representing the company to our clients.
Internally MOS Sales assist the various sales desks in booking issues proving front line support.
Key Responsibilities (in order of priority)
Define duties / activities in detail under each point (e.g. Volumes, frequency etc.)
General
· Monitor deal flow and follow up on post trade issues, including performing FO/FO Recs where appropriate.
· Ensure controls and procedures are developed to support the business and reduce operational risk.
· Propose and formalise any improvements on controls and procedures.
· Develop efficiency initiatives.
· Ensure compliance with CA CIB CMO and CA CIB London governance and organisation directives.
· Participate in projects such as new markets/product development, improving deal workflow, new regulations and market rules.
· Ensure COSMOS controls are completed on a daily basis.
· Reporting.
Credit
· Investigate and resolve errors in trade details, post trade queries (internal and external), breaks, and settlement differences.
· Process and follow-up of CTM confirmations.
· Book primary dummy trades for new issues from the Syndicate desk and amend with correct mark-up when published.
· Follow-up Calypso integration, new counterparty KYC, AM funds creation in FO/BO systems.
Forex
· Monitoring, investigation and referral of FX sales account positions/P&L
· Trade amendment/cancellation/split/conversion/validation
· Monitoring, referral and allocation of FX UNKNOWN/BLOCK/TBAPAR trades
Risk & controls
· Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.
· Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.
· Ensure all incidents are promptly reported to your manager.
· Ensure all non-standard requests are promptly reported to your manager.
Our commitment to you
Join our team at Crédit Agricole CIB, the corporate and investment banking arm of 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2023). We offer more than just a job.
You will be part of a dynamic and collaborative work environment where CSR is embraced in our day-to-day business operation, innovation is encouraged and diversity is celebrated.
Crédit Agricole CIB, the first French bank to have committed to the Equator Principles, is a pioneer and global leader in sustainable finance. Our commitment to sustainability and corporate responsibility means that your work will have a positive impact on our communities and the environment.
With a people-centric culture where everyone is valued, and opportunities for personal and professional growth, Crédit Agricole CIB is not just a place to work – it is where you make an impact.
Our hiring process is open to all and should you have any particular needs or you may require adjustments, please let us know
Essential
- Middle Office / Back Office experience in FX, Derivatives and Credit products.
Desirable
Strong Middle Office experience in FX, Derivatives and Credit products including:
o Novations
o Fund allocations
o CTM Matching
o Primary Issuance workflow
· Fluent English.
· Rigorous and organised
· Autonomy
· ability to work across disciplines
· good communication both verbally and written
· proactive
· reliable
· high technical and analytical ability
· sensitivity to operational risk
· ability to work under pressure
· Integrity
· French desirable
Essential
· Proficient in Excel
· Good knowledge of capital markets processes.
· Good knowledge of Forex front office systems.
· Good knowledge of Bonds front office systems.
Desirable
· End user computing development:
o Excel VBA
o Python