Trade Operations Analyst, Front Office Services

Overview

For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world's leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity.

BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including:

• Managing the custody of approximately $37 trillion financial assets of the world's leading institutional investors, hedge funds, sovereign wealth funds, and corporates
• Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes
• Providing collateral, liquidity, and funding for the world's largest banks through our markets franchise
• Serving family offices and high net worth individuals through our wealth management franchise
• Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers
• Advising large global corporations on a range of trust and other solutions
• Providing integrated managed data services to asset managers

• Build and maintain close working relationship with the Aviva Investors Front Office and act as the day to day point of contact for queries
• The team's main responsibilities include, trade support across all assets classes, daily monitoring and reconciliations, periodic reporting, critical analysis and alignment with the changing business

• Acting as link between front office, BNYM, JPM national and international 3 rd parties. Including the timely and accurate booking of all trades across derivative and liquid products
• Ensure all brokers used across full product range are set up with all relevant paperwork in place before trading commences
• Support the front office to set up any new markets that have gone through the correct approval process
• Work with the reconciliations team to ensure we maintain up to date and accurate cash and holdings in Aladdin
• Work with team manager to highlight all key risks and controls across the team's processes
• Continually looking for any possible opportunity to improve on our processes, especially utilizing any form of automation
• Ensure all Mifid II transaction reporting and trade reporting requirements are met.
• Trade matching
• Trade Input
• Trade Cycle Management
• Has a detailed knowledge of bilateral and cleared collateral/margin management
• Has a detailed understanding of the end-to-end lifecycle of bilateral/cleared OTC and Exchange Traded Derivatives (trade capture and confirmation).
• Is able to calculate and match OTC post trade settlements/coupons
• Has a strong understanding of CFD/Portfolio Swap workflows and structures
• Has a detailed understanding of the key economics and underlying strategies of Derivatives including but not limited to:-

• To support the Aviva Investors Front Office in the execution of their core activities in a changing and dynamic environment by ensuring the provision of accurate, timely and comprehensive information.
• To assist with the development of the Investment Operations function to provide a wide-ranging service to both internal and external stakeholders.
• To provide support to the front office to ensure trades booked are monitored through to successful settlement. This will include robust oversight of JPM IOS
• To constantly challenge all current processes and procedures to identify any potential for process improvement.
• To work closely with the front office to ensure all required brokers and markets are set up through the correct process.

• Ideally degree qualified - although not essential.
• Relevant professional qualifications.
• IMC an advantage

• Sound knowledge of Derivative and Liquid products traded by Aviva Investors
• A team player
• Numerate and able to interpret financial data quickly and effectively
• Effective time management and ability to work to strict deadlines
• Communication - excellent inter personal skills and documentation maintenance
• Ability to problem solve and work with minimal supervision
• Awareness of relevant regulations, EMIR, Mifid II, CASS
• Previous experience of investment management middle or back office processes