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  • 15 August 2008
  • Reference: JR197342
  • Derivatives Clearing Clerk

  • City of London £15.00 - £20.00 p/hr Temporary

Derivatives Clearing Clerk
City Of London
£18.00


This investment bank ranking among Europe's top 20 financial institutions, with a market capitalisation of over EUR 40 billion seeks experienced and exceptional Derivatives clerk.

With excellent solvency, a presence in over 50 countries and a dedicated, professional workforce of 60,000 you will be a pivotal part of the Derivatives Clearing and Brokerage department. The department is primarily responsible for CPS settlements on all markets.

- Processes and reviews previous day's trade problems and corrections.
- Liases with clients regarding queries.
- Performs the clearing on all markets.
- Ensures all business with Third party brokers is processed correctly via trade feeds or manual input namely CME,CBOT and NYMEX.
- Daily reconciliation of EDX premiums, positions and control accounts.

As a pre requisite you will need to have a good understanding of Futures clearing and settlement systems as well as 3rd party clearing systems. You will also be expected to have a good sound knowledge of Derivative products.

This is a prime opportunity for someone who has the relevant experience and is hungry for success in a high-pressure environment. Whilst this position is initially is on a temporary contract there is a possibility it may go permanent. If this sounds like the career path would like to pursue then please send your CV to us today.

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