Logo of Huzzle

Trade Operations Manager (Equities)

image

Amundi

2mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Dublin
  • Quick Apply

AI generated summary

  • You need 3-5 years managing teams, strong leadership, communication skills, trade matching knowledge, and detail orientation. Flexibility and talent development experience are essential. Fluent English required.
  • You will manage a diverse team, oversee equity trading processes, develop talent, build internal and external relationships, ensure compliance, and resolve trade-related issues effectively.

Requirements

  • Minimum 3-5 years of experience managing a large team.
  • People management skills, ability to manage a team and work well with a diverse organization and team, demonstrating strong leadership qualities.
  • Organization and planning.
  • Good communication and excellent interpersonal skills, ability to build effective relationships and work collaboratively as part of the BSO team.
  • Problem solving and attention to detail.
  • Strong motivation.
  • Flexibility to work in changing work environments and meet tight deadlines.
  • Proven ability to build and develop talent in the team.
  • Previous experience in trade matching and settlement role with good knowledge of swift and settlement workflows.
  • Understanding of the lifecycle of a trade and implications with the NAV calculation process.
  • Knowledge of OMGEO and Alert desirable.
  • Fluent English. French an added benefit (not a requirement).

Responsibilities

  • Management – daily management of large team with a diverse range of activities. Support and empower direct reports to help them build effective and motivated teams, optimizing individual and team performance. Monitor workload and control the Equity trading flow from start to finish. Identify process weaknesses and assist in implementing improvements.
  • Team Development - Encourage continuous development of the teams with yearly assessments, trainings and mid-term evaluations. Build on the quality of the team through training and coaching, as well as through strategic recruitment.
  • Business Development - Work with key stakeholders, IT and business functions on enhancement and business development projects.
  • Internal Networks - Build relationships with key stakeholders, understanding key requirements and manage expectations to ensure consistent and high quality delivery and timely output.
  • External Stakeholders - Represent the team in external meetings including third party reviews, due diligence visits and RFP’s.
  • Strategic Projects – Partner with BSO colleagues cross-functionally and across multiple locations to achieve the strategic objectives of the Global BSO function and Amundi.
  • Controls and KPI’s – ensure defined KPI’s and permanent controls are implemented to ensure targets are achieved.
  • Liaise with brokers directly to ensure any trade related issues are resolved.
  • Liaise with the traders and escalate issues with brokers as required.
  • Monitor the settlement status of all trades investigating any highlighted issues with brokers or custodians directly.
  • Ensure any new funds are correctly setup within the trading system and any fund changes are correctly reflected both internally and on external platforms.
  • Setup any new approved brokers in the Trading System.
  • Work with Investments, Compliance, Risk, Client Services and any other internal support teams to resolve queries or issues related to the Trade flow.
  • Build and maintain relationships with all third parties involved with the trading and settlement process including Custodians, Fund accountants and brokers.
  • Participate and contribute with any broker or third parties reviews to ensure any problems are discussed and resolved.
  • Investigate and resolve any interest claims which have arisen as a result of problems with the trade flow.

FAQs

What is the main focus of the Trade Operations Manager role?

The main focus of the Trade Operations Manager role is to support the trading process and act as an intermediary between the Trading desks and Back office functions, overseeing the Trade Matching and Settlement process for all Equity transactions.

How many years of experience are required for this position?

A minimum of 3-5 years of experience managing a large team is required for this position.

What kind of team management responsibilities does this role entail?

The role entails daily management of a large team with a diverse range of activities, including supporting and empowering direct reports, monitoring workload, identifying process weaknesses, and implementing improvements.

What educational background is preferred for this role?

Previous experience in a trade matching and settlement role, along with a good knowledge of SWIFT and settlement workflows, is preferred.

Are language skills important for this position?

Yes, fluency in English is required, and knowledge of French is an added benefit but not a requirement.

What type of development opportunities does Amundi offer its employees?

Amundi offers a comprehensive benefits package, mentorship opportunities, cross-functional and geographical internal mobility, and a range of development programs to help employees reach their full potential.

How does this role contribute to the organization’s strategic objectives?

This role contributes to the organization’s strategic objectives by partnering with Business Services Operations (BSO) colleagues across functions and locations to achieve overall goals.

What external stakeholders will the Trade Operations Manager interact with?

The Trade Operations Manager will interact with external stakeholders such as brokers, custodians, fund accountants, and during third-party reviews, due diligence visits, and RFPs.

What is the team responsible for in terms of trade issues?

The team is responsible for liaising with brokers to resolve trade-related issues, monitoring the settlement status of trades, and ensuring smooth communication with various internal and external parties involved in the trade flow.

Is flexibility in the work environment valued for this role?

Yes, flexibility to work in changing environments and meet tight deadlines is valued for this role.

Trust must be earned

Finance
Industry
5001-10,000
Employees
2010
Founded Year

Mission & Purpose

Amundi, the leading European asset manager, ranking among the top 10 global players* , offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering is enhanced with IT tools and services to cover the entire savings value chain. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €1.9 trillion of assets**. With its six international investment hubs***, financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 5,400 employees in 35 countries. Amundi, a trusted partner, working every day in the interest of its clients and society * Source: IPE “Top 500 Asset Managers” published in June 2022, based on assets under management as at 31/12/2021 ** Amundi data as at 31/12/2022 *** Boston, Dublin, London, Milan, Paris and Tokyo