Trader Support - Risk Assistant

About the company:

Our client is a major global financial market player, with a strong team of Analysts & Professional Traders. They currently have 13 offices in some of the world´s biggest cities. Each office is equipped with state-of-the-art hardware and specialist software, providing our traders and analysts with constant connectivity to the largest global derivatives exchange, including NYSE Euronext Liffe, CME, Eurex and ICE. Their spectacular success has profoundly changed the traditional concept of locating proprietary traders and analysts in London and Chicago. Our client's Indian subsidiary delivers a professional environment for talent to grow, providing an opportunity to actively participate in global financial markets. They are winners of the Ruban d’Honneur award from the European Business Awards as one of the top 10 businesses in Europe in 2012, winners of the Investors in Human Capital Award for Poland in 2012, and the prestigious Investors in People GOLD Award for Wales.

Job Description

Designation: Trader Support- Risk Assistant

Reporting to: Group Head of Risk

Responsible for: Trader Support Role at Group Level whilst assisting the Group Head of Risk

Location: Mumbai, India

Purpose of Job:

Our client is planning an aggressive expansion with the creation of numerous new offices in various locations. The Trader support – Risk Assistant role will be tasked with ensuring the trading needs of traders are met and helping to assist supervising the overall group trading position, as well as monitoring the positions of various global offices and individual traders. S/he will report to the Group Head of Risk.

Principal Responsibilities:

- Ensure trading needs of traders within the group are met

- Set limits for traders based on Risk Management guidelines

- Risk Management – work with our Risk Management software to pre-empt and monitor Group risk exposure.

- Monitor closely the trading activity of traders / offices where specific risks have been identified.

- Ensure Risk Management procedures are strictly followed by all Operations Managers and Traders

- Maintain and develop excellent working relationships with Operations Managers, Traders, Trader Support, Software Developers, Exchanges and Clearer.

- Assist in Trader Support duties as required.

- Actively participate in and chair relevant meetings.

- Ensure all communications reflect company's core values

Key Performance Indicators:

- Pre-emptive alerting when Risk procedures are violated.

- Ensure that trading rules are respected.

- Assist in Office Opening / Closing procedures as required.

- Excellent relationships with key partners.

Person Specification/Qualifications:

- Educated to degree level or equivalent professional qualification

- Strong knowledge of the Financial Markets

- Excellent IT skills including, but not limited, to Microsoft Office (Word, Excel, etc) and Internet research

- Trader Support Experience preferred but not compulsory

Skills & Experience:

- Ability to communicate effectively and build rapport with a wide range of stakeholders in person, in writing and by telephone.

- Ability to influence, negotiate and represent the organisation at all levels.

- Presentation, report writing and public speaking skills.

- Good all-rounder with the ability and motivation to manage mundane as well as high-level challenges.

- Self Driven with the ability to manage own time and personal administration in an effective way.

- Ambitious, lateral, creative thinker.

- Desire to be part of a committed team.

- Ability to master and represent our Client's Vision and Values.

- A sense of humour would always be appreciated

Terms and Conditions:

- A flexible approach to working as business demands.

- There will be a 6 month probationary period during which the post holder must achieve a satisfactory level of job competence.

Please do not call up our office asking for an update. If your profile is shortlisted you will be contacted.