Capula are looking for an Operations
Associate to join the Trade Flow team in our Tokyo office. This is
a fantastic opportunity for anyone with 2-3 years of sell side
experience and is looking to join a hedge fund. The role will
offer on the job training.
Overall purpose of the job:
Provide accurate and consistent support
for Capula Trading Desks; ensure all trades are processed on trade
date and resolve any queries or issues relating to trade capture,
settlement and event processing; understand the controls and
procedures and adhere to them; assist with projects relating to
system or process enhancements and re-engineering of operational flows.
The primary duties and responsibilities:
Understand trade flow process for all
products traded by Front Office for different Capula
funds/accounts and the role of Prime Brokers, Clearers and Administrators.
Be able to prioritise and make sure that
all tasks are done in a timely and efficient manner with every
checklist item covered by end of day. Send out hand over EOD
emails as per internal procedures.
Ensure that all new trades booked on the
Blotter or Titan are matched with trade recaps (electronic
platforms where applicable) and captured in Front and
administrator's system correctly.
Process unwinds and novations as per
Front Office requests in the internal systems, Mwire/ICE (if
applicable) and liaise with external parties to complete it with
novation protocol emails etc.
Understand FIX connections and CSV
upload process with applicable brokers and be able load files and
resolve any issues relating to them.
Monitor Front expiry reports and broker
notifications for all products, liaise with FO and process
expiries as per internal procedures.
Monitor MTM, Mwire, ICE and Omgeo and
ensure that all trades are matched and affirmed on trade date,
otherwise chase counterparties or traders for any outstanding
actions and monitor the deals until done.
Monitor group inbox and process emails
relating to Operations Flow Team, including, but not limited to
trade recaps, upload messages, queries, requests and reports.
Monitor system alerts (Titan, Blotter,
emails) throughout the day and make sure the all trade breaks are
resolved by EOD.
Resolve trade discrepancies and any
position related queries with Front Office, Product Control,
Market Risk, Administrators, Prime Brokers or counterparties.
Ensure all bonds for managed accounts
are booked, instructions are sent to custodians, approved and released.
Closely work with Operations Control
team to take over the process of instructing Treasury moves, Repo
Financing boxing and de-boxing via portals, emails (or other
means) to Custodians, Administrators and Prime Brokers after UK EOD.
Monitor Bond and Repo settlements
applicable for USD and CAD currencies for all funds and managed
accounts; closely work with prime brokers and custodians to make
sure all trades, including Treasury moves and boxing/de-boxing
Escalate any unresolved items to the US
Shift Supervisor in timely manner.
Be able to learn and support new
products/processes when and if they are onboarded for Capula funds/accounts.
When required, support the onboarding of
new products, counterparties or third party providers in the
operations team and work with relevant internal teams,
administrators and prime brokers to integrate them into the flow.
When required, work on projects relating
to system enhancements and re-engineering of the operational flows.
Education and Qualifications
Good degree at a high ranking university
with strong academic background.
CFA qualification desirable, but not a requirement
2-3 years in finance is required for
this role. Having completed an internship or industrial placement
at a Fixed Income Hedge Fund is beneficial
Basic knowledge of financial products
including FX, CDS, IRS, TRS, VAR swaps and equities is also beneficial
Candidate should have strong written and
verbal English and Japanese communication
Excellent interpersonal and
Ability to cultivate relationships both
internally and externally to support the business requirements
An individual adept to knowledge sharing
with other team members
A fast thinking and analytical individual
Quick decision making skills and
willingness to assume responsibility and take ownership of tasks assigned.
Ability to work under pressure.
IT Skills - Excel, Word, Bloomberg,
Outlook, MarkitWire, Ice, administrator systems, as well as
various other industry systems provided by other Financial Institutions