Summary

Assist and support the EMEA GMD Syndicate team in regards to Primary New Issue business

Key Responsibilities

1. Strategy and Business Planning

  • Assist in developing the business activity of the EMEA Syndicate team
  • Regularly contribute benchmarking of Primary activity.

2. Daily Syndicate & Administrative Responsibilities

  • Assist GMD Syndicate team in pricing and executing primary new issues transactions.
  • Involved in Bookbuilding process - specifically in charge/responsible of the bookbuilding/reconciliation process (orders and hedges) during a new issue transaction
  • Execution of hedging operations (mainly EGB and swaps) on behalf of Syndicate Managers on the desk
  • Trades booking in FO booking systems
  • Ticketing and P&L Calculation.
  • Managing the League Table Ranking.
  • Ensure all syndicate administrative tasks have been closed for each deal (fee booking, daily Pnl reporting, Middle Office emails, etc.)
  • Active connection, collaboration and communication with MO and BO teams to ensure follow up on new issues transaction settlements and potential issues arising.

3. Processes / IT systems

  • Report on any issues with the various IT systems used throughout the primary market flow business with a particular focus on S&P/Ipreo systems
  • Key stakeholder and go-to person in regards to improvements on the above mentioned systems.

4. Management and Reporting

  • Report on the progress of the business and any specific issues that arise.
  • Perform ad hoc reporting requested by Management (monthly business review, quarter business review, etc.)
  • Ensure responsibilities, reporting lines and any delegated responsibilities are communicated to and accepted by those persons involved and are clearly documented.
  • Adhere to relevant Company policies and procedures.

5. Counterparties and Clients

  • Ensure the Global Head of GMD Syndicate is made fully aware in a timely fashion of all matters that might have a material impact on the Syndicate group performance, risk position or compliance with legal or regulatory requirements.
  • Develop and maintain relationships with peers in other organisations as applicable.
  • Ensure adherence to KYC procedures and policy.

6. Communication

  • Contribute to discussions with the other members of Syndicate and DCM teams as requested and as appropriate to review market strategy and exchange ideas and any other pertinent information.
  • Maintain open and constructive contact with the Sales desks regarding shared business.

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Degree, preferably in a Mathematical / Scientific area, or A-levels followed by appropriate market relevant working experience

Experience

  • Experience of Syndicate support function, Bond Syndicate Manager or Middle Office functions
  • Ability to communicate clearly and easily

Required skills

  • Team oriented
  • Excellent communication skills and able to coordinate effectively with other Teams: Sales, Traders, DCM Originators, MO and BO.
  • Ability to think quickly, make decisions using good judgement and prioritize in busy trading situations
  • Fluent in English

Technical skills required

  • IT literate.
  • Thorough knowledge of financial derivatives products including market liquidity (ability to enter or exit a position) and volatility (magnitude / speed of price change), pricing and trading/hedging strategies.
  • Strong numerical, analytical and spreadsheets skills.
  • Strong knowledge of bonds and swaps markets.
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Confirmed 35 minutes ago. Posted 30+ days ago.

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