Desk Assistant, Australian Credit Desk

Desk Assistant, Australian Credit Desk

Group Overview

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

**TP (Tullett Prebon)**

A world-leading intermediary in the wholesale financial and energy markets, Tullett Prebon seeks to maximise value for its clients' trading activities across voice, hybrid and pure electronic channels.

We offer broking services for a wide range of asset classes, including Equities, Credit, FX, Rates and Insurance Derivatives.

Across all asset classes, Tullett Prebon offers e-solutions to give clients the choice to enter prices and execute trades electronically and directly via one of our hybrid electronic trading systems, or to engage with brokers to help identify and negotiate trades.

**Role Overview**

The Desk Assistant is responsible for ensuring that all trades arrive from the various front end trade capture systems, and are processed into such in a timely manner. The Desk Assistant ensures that all trades are delivered to the client, via a 3rd Party electronic mechanism (e.g. ICELINK, VCONs), where applicable.

Role Responsibilities
- Ensure that all confirmations are delivered to the client, via either Fax, or E-Mail
- Ensure that all VCONs and STPs messages are delivered in a timely manner
- Perform an EOD day (Session) reconciliation between VCONs and trades completed.
- Resolve any queries in relation to non-delivery of electronic confirmations, liaising with either the 3rd Party Vendor and/or the Ops Services team, to ensure delivery by amending the trade after any changes / permission being granted.
- Ensure timely and accurate entry of trades into various clearing venues, as appropriate.
- Oversight of reporting processes relating to errors or defaults.
- Ensure that any incoming confirmations from a 3rd party broker, or an overseas branch, match the details that we have booked in our system
- Cross checking the agreements against the rates in SDM and also maintaining a summarised brokerage list
- Middle office procedure
- Assisting settlements with SDM (static data) - any changes that need making, adding new traders and maintaining client details
- Checking exception brokerage reports and ensuring variances are valid
- Onboarding new clients, traders, brokers, ensure KYC, AML are in order.
- Resolve queries in relation to non-delivery of electronic confirmations, liaising with either the 3rd Party Vendor and/or the Ops Services team, to ensure delivery, amending the trade, as necessary, subsequent to any changes / permission being granted.
- Provide daily, weekly and monthly reports where required to Commercial and Operational management
- Gain a good level of understanding of the Credit market.
- Gain a competent level of understanding of the systems including IGO, IMarket,OTCMarket and inDMS
- Gain a competent level of Creditdeal

**Experience / Competences**

Essential
- Have general underlying knowledge of multiple asset classes, including of Futures, Interest Rates, FX Forwards, Capital market and Money market

Desired
- Have experience managing trade flow, ideally from a financial services background, and be able to show evidence as to products knowledge, and the ability to communicate effectively with the front office.
- Resolve queries in relation to non-delivery of electronic confirmations, liaising with either the 3rd Party Vendor and/or the Ops Services team, to ensure delivery, amending the trade, as necessary, subsequent to any changes / permission being granted.
- Handles trade queries from institutional customers and front office.

**Not The Perfect Fit?**

**Company Statement**

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

**Location**
Australia