Almond Recruitment, on behalf of our client, a leading investment bank in Nicosia, are currently looking for a Junior Trader. The company itself has been established for over twenty years and have grown to hold a worldwide status with offices and operations in multiple different locations. The successful person will be responsible for booking and execution of trades in equities and fixed income instruments, as well as REPO trades as a back-up function to the REPO trader on behalf of the Cyprus licensed entity.

 

Responsibilities

  • Booking trades and execution of orders and trades (Equities, Fixed income, REPO)
  • Daily position reconciliation with Settlements and Product Control
  • Back-up of other traders
  • Contribute to implementation of risk measurement metric, risk control of the portfolio andperformance attribution
  • Liaise with back-office regarding transactions settlement and processing
  • Work with middle office on transaction allocation and assets reallocation
  • Create trade orders to brokers on Russian equities (including REPO)
  • Develop, test, and support algorithmic trading systems
  • Communicate with trading desks in other offices
  • Reporting (execution, analysis, verification)
  • Data reconciliation
  • Develop new and support/update existing reports on VBA
  • Helping traders in their day-to-day activity
  • Monitoring trading positions and risks of the trading desk
  • Providing general product support

 

Requirements

  • English to business level
  • Russian would be an advantage
  • CySEC Certificate is a must
  • 1-2 years’ experience in Banking (Treasury, Trading, Risk Management: Asset Liability Management, Market Risk) or Financial Consulting/Audit in middle office department of a brokerage house
  • General knowledge of basic financial instruments (stocks, options, futures, forwards, FX swaps)
  • Common understanding of the principles of financial risk management
  • Understanding of cash flows, resulting from trading futures, forwards, options, stocks
  • Understanding of how the Russian stock market operates (Initial Margin, Variation margin, daily fixings, deliverable vs settlement contracts, repurchase agreements with the Central Counterparty, REPO haircuts, etc)

 

Benefits

  • Competitive Salary Package
  • Medical Insurance
  • Life insurance
  • Dental Insurance

 

To apply for the vacancy please send your CV to jobs@almondrecruitment.org quoting reference CY21339.

 

*Almond Recruitment is a professional recruitment agency run by a team with over 30 years international experience. Feel free to search and apply for job vacancies confidentially in Cyprus or Malta or get in touch with us and benefit from our experience. By sending us your CV, you are giving Almond Recruitment consent to contact you with any current or future job opportunities. CVs are held in the strictest of confidence.

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