Prime Business Trade Desk Support

Job Description

Prime Business Trade Desk Support:
On behalf of our financial services client, Procom is searching for a Prime Business Trade Desk Support for a 12-month role. This position is a hybrid position with 1 day onsite at our client’s New York office.

Job Description:
The Prime Business Trade Desk Support will provide day-to-day trade support primarily for the Cash Prime business within the Global Trade line of business. This role involves collaborating with trading desks, clients, IT support, and operations to manage trade activity, resolve issues, and ensure smooth operational execution. The position supports new initiatives, testing, and system enhancements, contributing to the growth and efficiency of trading operations.

Responsibilities:
• Ensure accurate reflection of new trade bookings and amendments across trading platforms, including lifecycle events such as expiry, dividends, and corporate actions.
• Liaise with trading desks and bank stakeholders to ensure proper setup of new products and downstream data flows.
• Act as a first line of defense to implement controls that reduce operational risk and ensure compliance with the Approved Product List.
• Collaborate with IT and product development teams to automate transaction workflows and develop trade monitoring tools.
• Participate in system migration and enhancement projects, including user acceptance testing and impact assessment on market risk and P&L.
• Investigate and resolve discrepancies related to positions, trades, and payments proactively.
• Complete end-of-day processes, including reconciliation and completeness checks.

Mandatory Skills:
• Minimum 3 years of business-related experience in the financial services industry.
• University degree or college diploma in a related discipline.
• Strong knowledge of Cash Prime business operations.
• Experience with project work and testing, particularly onboarding trading platforms.
• Familiarity with Geneva and Bloomberg trading systems.
• Understanding of financial markets and regulatory oversight bodies.
• Strong written and oral communication skills.

Nice-to-Have Skills:
• Technical skills related to automation or system development.
• Experience managing ambiguity in a dynamic environment.
• Proficiency with VBA macros.

Assignment Length:
This is a 12-month contract position.

Start Date:
ASAP.

Assignment Location:
New York, New York, United States. This position is hybrid with 1 day in the office per week.