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Moteur de recherche d'offres d'emploi Crédit Agricole CIB

Operation Associate


Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2020). Nearly 8,400 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2021-59214  

Update date

20/07/2021

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

Operation Associate

Contract type

Permanent Contract

Job summary


Summary
The Operations team is responsible for all Back Office and Middle office processes and controls, as set out as being responsible for the administration of all the databases for all the transactions of the London Branch: EMTN, USMTN, Samurai, Covered Bonds on the global capital markets Loans and Borrowings with Subsidiaries and Treasury activity, including derivatives.
Your role will be to facilitate and to smoothen the processing of all Back Office and Middle office processes and controls, as set out below.  You will monitor the transactions, process the different events of the trade lifecycles, liaise with the different French counterparties for settlement issues, control the proper hedging of the transactions, monitor the interest rate gap and liquidity gap, and provide accurate information to Senior Management. You will also be responsible for maintaining adequate procedures for the relevant area. You will develop various skills and knowledge in financial products such as Bonds, Loans and Interest Rate Cross Currency Swaps and you will gain exposure to regulatory reporting.

1.- Key Responsibilities – Back Office
§   The processing of deal tickets, confirmations and associated payments
-          Processing of Treasury instruments in the Bank’s core system, Calypso. These transactions include Money Market loans and deposits and Foreign Exchange, spot and forward, Certificates of Deposit, issued, bought and sold, Interest Rate Swap and Overnight Index Swaps.
-          Processing of ALM trades into the Bank’s core system, Calypso. These instruments include Floating Rate and Structured EMTN, Interest Rate and Currency Swaps, loans to Group subsidiaries.
-          Processing of CA Home Loans and CA Public Sector (Covered Bonds entities) instruments Calypso. These instruments include Fixed and Floating Rate EMTN, USMTN, Samurai bonds, Interest Rate and Currency Swaps, loans to Credit Agricole SA Paris.
-          Support Front Office with documentation of intragroup deals
-          Checking of counterpart’s confirmations, whether in Swift format or paper form and investigating any discrepancies, deal with CTM confirmations
-          Monitoring all payments and receipt advices to be sent via the Swift system, ensuring cut-off times are respected and monitoring receipt of funds.
-          Preparing Certificate of Deposit instructions to the Banks issuers and monitoring the matching of instructions and settlement.
-          Reconciliation and payment of brokers invoices.
-          Management of the corporate action on Euroclear Connect
-          Monthly Reporting of the outstanding position the French Central Bank
§   Funding requirement management
-          The calculation of the ALM Desk funding requirement, input the related trades into BLOFI
-          Cash management of the Branch Nostro and internal accounts
§   The reconciliation of the Bank’s Nostro accounts
-          Checking payments and receipts rec

Position location

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Essential:

- Capital Market product knowledge

- Educated to Degree level or equivalent.

Desirable

Good degree

- Strong mathematics

Required skills

Essential:

Attention to detail

Trouble shooting

Organisation and method

Flexibility

Motivation

Team oriented

Hard working

Resilience

Ability to prioritise (Able to meet deadlines)

Ability to provide solutions

Capability to analyse accounts and to write synthesis reports

Technical skills required

Essential:

IT literate VBA, Access and other Microsoft Office tools

Databases Management

Ability to assist other departments of the Branch i.e. the Operation, Front Office and Accounting & Finance

- Ability to react quickly in case of a system problem

- Ability to design and assist system implementation or development projects

 

Desirable:

Readily available

Languages

Essential- English (Fluent) Essential - French (Fluent)