• HSBC Egypt Careers | Trader Assistant Job

    HSBC Egypt Careers | Trader Assistant Job

    Location: Egypt

    Job Description

    HSBC is currently recruiting for the role of Trader Assistant

    To manage the middle office and support the FX, Rates. The role holder will support these products as well work on key business initiatives such as new product development, operational control and process improvement.

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Trade bookings and amendments across all business lines supported (Foreign Exchange and Rates). Ensuring all risks and controls are understood and appropriately implemented to mitigate downstream issues with supporting groups such as sales, trading, market risk, operations, settlements, credit, legal and finance –Locally, Regionally and Globally-

    • Daily event management across all business lines supported. Particular focus on FX and rates trading

    • Ensuring the proper booking and issuance process for HBEG FX and Rates trading.

    • Understanding of risk types - Market (positions), operational, settlement, credit and legal.

    • Following up on unsettled deals, and claiming funding costs.

    • Preparing daily accrual / MTM and P&L reports.

    • Preparing monthly analysis for P&L and market share and profit distribution between business lines.

    Job Requirements

    • Experience in an Operations / Middle Office / Trade Support / Fund Administrator or Trading Assistant Background.

    • Product experience in one or many of the following – Rates, FX Spot and Forwards, Bidding process

    • Minimum 1-2 years of related experience

    Job Details

    Company: HSBC

    Employment Type: Full-time

    Job Location: Cairo, Egypt