Credit Trading Assistant
Lenmar Consulting Inc - cincinnati, OH
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Lenmar is seeking an experienced Credit Trading Assistant to help us support our global financial services client. This is a 5-month contract to start with the potential to be extended long term.Series 7 and 63 licenses required.Position- Credit Trading Analyst Location Chesterbrook PA (Hybrid - 50% onsite)Top 3 Skills for Position1. Previous support and knowledge of credit products (Corp Bonds, CDS, Index, and Structured trades).2. Knowledge of Credit trade lifecycle events3. Ability to multi-task Role & responsibilitiesRiskPosition MonitoringUnderstanding of how to monitor trading positions and risks for accuracy throughout the day.Coordinate lifecycle events with designated SalesTrading Desks to ensure deals are properly reflected in Risk.Contribute daily P&L estimates, produce risk explain, and investigate discrepancies with Official P&L produced by Middle Office.Analytical and Operational Support to PCM Trading DesksBook, process and validate trades in Front Office booking systems as soon as deals are executed, so that Bank's riskposition is updated real-time and applicable regulatory obligations (Dodd Franck, EMIR, Client, etc) are met.Resolve all internal queries from the Trading desk or various Partner Functions (IT, Middle & Back Offices, Legal, Risk...) on client transactions executed by Desk.Strong understanding of Post Trade Processes (Corp Actions, Succession Events, and Option Expiries) to be able to fully supportexecute each request without supervision.Maintain proper documentation of the Front Office operational processes.Follow-up with relevant departments to ensure all aspects related to post-trade processing (incl. trade confirmations, RiskP&L, clearingsettlements) are successfully handled vis-aÄš-vis of the clients. Ensure outstanding issues are properly raised to salestrading and monitored until resolved.Resolve internal queries from the Trading desk or various Partner FunctionsProcess & Client Services ImprovementsMake recommendations for improvement of current processes, working with business analysts on projects impacting desk and Front Office Support partnership with internal and external stakeholders, develop solutions to resolve recurring issues and improve customer service.Improve PCM IT framework: report issuesbugs and propose IT enhancements to make the platform more scalable and resilient.Required Education and ExperienceBachelor's degree or foreign education equivalent in Finance, Economics, or Mathematics.Minimum of two years of experience in a Front or Middle Office Trade Support role within Global Markets.Essential SkillsCompetencies :Demonstrated knowledge in US PCM Markets and its industry infrastructure.Very strong expertise in trade booking, validation, market lifecycle events, settlement and confirmation process for PCM products; including Corporate Bonds, CDS, Index, and Structured Trades.Working understanding of the applicable regulations (EMIR, Dodd Frank, Client, FATCA...).Demonstrated expertise using Excel and VBA to simplify and automate manual Front Office processes.Good knowledge of system architecture (front to back workflow, pricers and risk management systems) for PCM products.Demonstrated commercial and collaborative attitude.Excellent communication skills (both written and verbal), including in client communication.Analytical mindset and problem solving.Very strong multi-tasking capability.Attention to detail.Ability to work well under pressure.Client Registrations Required :Series 7 and 63Sumeet ChhatwalSr Technical RecruiterLenmar Consulting, Inc.(Kellton Technologies)1440 Plaza Five, Suite 1440Harbor side Financial CenterJersey City, NJ 07311Ph: 201-946-1777 Ext 4012, Cell
Created: 2025-02-21