Trading System Front Office and Risk Support (External Consultant - 12 months)

Office
Geneva
Start Date
01.12.2024
Type of Contract
Consultant

Description

Union Bancaire Privée (UBP) is one of the largest family-owned private banks in the world. But what makes UBP unique is its corporate culture, which combines modernity and tradition. Although UBP was founded in 1969, its origins can be traced back to the 17th century and the start of a long line of financiers and diplomats of whom Edgar de Picciotto and his descendants are the successors. Today, the Bank's staff draw their inspiration and drive from the founding family's subtle blend of strong moral values and pragmatism, which to this day remain the key to UBP’s success. The Treasury & Trading (T&T) teams, with 8 booking centers across the globe, are the doorway to the different financial markets for UBP group. The Treasury team actively manages UBP Balance sheet to optimize the net interest income coming from the different Asset & Liabilities flows. Asset and Liability Management in a banking context means optimizing investments under liquidity, capital and funding constraints, observing the ratios set by the regulators and UBP’s Board of Director. Treasury is also in charge of the overall Cash & Collateral management for the bank. The Trading & Execution teams are the link between the markets and UBP client advisors to ensure them the best possible market access. They facilitate the execution of clients’ trades and provide UBP relationship managers (RM’s) with all the trading information and services they need to implement their clients’ portfolio strategies. They offer the full range of financial products execution across all asset classes, whether exchange-listed or OTC. In addition, for active professional clients who need a quick and direct access to the FX, Equities or Bond Market, the Sales & Execution team are here to support them into their investment strategy implementation.


Mission

As part of its expansion, UBP is seeking an experienced and passionate Trading System Front Office and Risk Support professional with extensive Murex Mx.3 experience, who wants to work in an agile and dynamic environment.


Main responsibilities

The Trading System Front Office and Risk Support plays a crucial role in supporting the front office trading activities and risk management functions within a financial institution. This role requires a strong understanding of trading systems, market operations, and risk management principles. The individual in this position collaborates closely with traders, risk managers, and other stakeholders to ensure smooth trading operations and effective risk mitigation. The key responsibilities are:

  • Provide day-to-day support for front office trading systems and other trading-related platforms.
  • Monitor trading systems for any technical issues or disruptions and promptly address them to minimize trading downtime.
  • Assist traders in system onboarding, configuration, market data setup and troubleshooting.
  • Collaborate with IT teams or vendors to resolve system-related issues and implement enhancements or upgrades as needed.
  • Assist risk managers in monitoring and analyzing trading risks, such as market, credit, liquidity, and operational risks.
  • Contribute to the development and enhancement of risk management tools, models, and methodologies.
  • Collaborate with risk management teams to ensure compliance with regulatory requirements and internal risk policies.
  • Participate in risk-related projects and initiatives, providing expertise and support as required.
  • Analyze trading data and generate reports to support trading decisions, risk assessments, and performance evaluations.
  • Identify trends, patterns, and anomalies in trading activities and risk metrics.
  • Prepare and present reports to traders, senior management, and other relevant stakeholders.
  • Identify opportunities for process improvement and automation within the front office trading and risk support functions.
  • Document procedures, guidelines, and best practices to ensure consistency and knowledge sharing.
  • Stay updated on industry trends, regulatory changes, and technological advancements relevant to trading systems and risk management.

Duration: 12 months

Contract: External Consultant (you will be employed through an external firm)

Location: Geneva


Personal skills

  • Ability to work under pressure and manage multiple tasks simultaneously
  • Flexibility and adaptability to navigate in a dynamic and fast-paced trading environment
  • Rigorous and structured


    Education

    • Education: Bachelor Degree
    • Certification: Degree in finance, economics, or a related field.
    • Technical skills: Murex Mx.3 Front Office experience

    Experience

    • Years of experience: 3-7 : intermediate
    • Experience required:
    • Strong understanding of financial markets, trading instruments, and trading lifecycles
    • Proficiency in using trading systems, order management systems (OMS), execution management systems (EMS), and related tools
    • Murex Mx.3 Front Office experience is essential especially in the following areas: E-TradePad, Pricing templates, Simulation, Livebook, Viewers, PreTrade, Market data, Curve setup, Dynamic Tables, Trade P&L, Blotters, Pricing, Valuation, Trade Life Cycle
    • Relevant certifications (e.g., CFA, FRM) are a plus Relevant certifications (e.g., CFA, FRM) are a plus
    • Knowledge of risk management principles and methodologies
    • Familiarity with regulatory requirements and industry best practices in trading and risk management
    • Analytical mindset with the ability to interpret and analyze trading data
    • Excellent problem-solving skills and attention to detail
    • Strong communication and interpersonal skills to collaborate effectively with traders, risk managers, and other stakeholders
    • Experience in private banking: Mandatory

    Language

    • English: Fluent
    • French: Basic
    • German: Basic

    OTHER

    • Swiss resident: Optional

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