Banking Operations Trainee - 12 months placement
Citco
Banking Operations Trainee - 12 months placement
Salary Not Specified
Citco, City of Westminster
- Full time
- Temporary
- Onsite working
Posted 2 weeks ago, 15 May | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: 746248e8969b42a4abf1a2f6d3ddfde8
Full Job Description
As a core member of our Compliance team you will work closely with internal stakeholders and cross-functional teams to minimize operational risks and ensure our clients experience seamless delivery across banking services.,
- System booking of Front Office FX trades (Spot, Forward, Swap and NDF)
- Issuance of post trade deal confirmations
- Collateral Management
- Request for the opening of FX Margin accounts with Citco Bank inline with the interest conditions set out in the CSA agreements for new FX clients
- Daily running of collateral calculations to determine if any client margin movements are required
- Issuance of margin call or return email notifications to clients
- Cashflow Management - responsible for the booking of client collateral movements via SWIFT
- Daily reconciliation of FX margin balances to ensure all cash has moved correctly as expected
- Set up and maintenance of static data in-house systems and databases as per end borrower client loan accession agreements or Amathea Investors documentation
- Cash Management and booking of loan book and client facility drawdown and repayment requests
- Daily reconciliation of lending cell and Amathea funding cash balances with BoNY
- Escalation of any operational issues, insufficient funds, overdrawn balances or payment settlement issue in a timely manner to CFP Front Office
- Daily running of the Capital Model, a key component of the risk management of the Amathea Platform
- Weekly/Monthly building and reconciliation of Capital model rating results
- Creation and issuance of client credit facility statements
- Additional project work or tasks may be assigned depending on suitability
Degree enrolled in a Business, Maths, Finance related discipline - Candidates looking for a professional work placement (min12 months)
- Excel skills and distinct advantage
- Good communication and interpersonal skills
- The ability to keep calm and prioritize work under pressure
- An adaptable team player with a proactive approach to problem solving
- Aptitude to learn new skills
- Must be available to start in August
Credit
Other