Front Office Consultant - Equity Derivatives

Posted:
9/5/2024, 9:12:06 PM

Location(s):
Paris, Ile-de-France, France ⋅ Ile-de-France, France

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Consulting

Murex is a global fintech leader in trading, risk management and processing solutions for capital markets.

Operating from our 19 offices, 3 000 Murexians from over 60 different nationalities ensure the development, implementation and support of our platform which is used by banks, asset managers, corporations and utilities, across the world.

Join Murex and work on the challenges of an industry at the forefront of innovation and thrive in a people-centric environment.

You’ll be part of one global team where you can learn fast and stay true to yourself.

Team & Context:

The CS-EMEA-TRADING department (Client Services to client in the region covering Europe, Middle East, and Africa) manages Murex portfolio of Front office clients in the EMEA region.

The client follow-up includes:

  • Implementation of Murex solutions
  • Support of implemented solutions
  • Management of release upgrades
  • Trainings to traders and client support teams
  • Usage scope extensions
  • Follow-up of markets evolution to suggest new developments to the Product Development Team

The CS-EMEA-TRADING-EQD team focuses on expertise around equity derivatives and day-to-day management of clients using the Equity Derivatives module.

The team covers trading and reporting needs across all Equity Derivatives trading and structuring desks:

  • Delta-one (linear and listed products)
  • Flow business (vanilla and light exotics)
  • Structured products (exotics and custom payoffs)
  • Distribution desks (high volumes of securitized products)
  • Convertible bonds

And the coverage of these desks includes:

  • Transaction pricing and capture
  • Equity volatility, dividends, and repo margins management
  • Real-time portfolio management
  • Start-of-day and end-of-day reports (PL explanation, position overview, etc.)

In these areas, the team is also responsible for developing the expertise around Equity trading in the EMEA region, with a special focus on leading the module evolution towards a complete coverage of the region’s market practices.

Your missions/What you'll do?

You will be followed upon your arrival by a senior member of the team.

After a ramp-up phase consisting in specific trainings to grasp the basics in the Equity module and equity business practices, you will be contributing to managing the equity activity and needs for a pool of clients, and you will be involved in different activities:

  • Day-to-day support on FO matters:
    • Analyze and understand functional issues and questions raised
    • Suggest recommendation and fit-to-purpose solutions
  • Active interaction with the Product Division to:
    • Report detailed development needs related to enhancements required by the region clients
    • Follow-up on corrections needed by the client on the modules they currently use: report them to the Product Division, test and deliver them to clients
  • Active contribution to release upgrade projects, as a part of a project team with senior consultants
  • Active contribution to implementation projects, where transformation programs require high attention and effort deployment.
  • Provide help to the team manager and Pre-sales teams for demos and prospection efforts: you will build, and deliver demos to clients on specific aspects of the Murex EQD module

Your profile/Who you are?

Education: Engineering degree or Masters degree

Professional profile:

  • Mid/Senior profile with at least 3 years of experience
  • Business knowledge on equity markets is a plus

Operational skills:

  • Theoretical knowledge of finance and capital markets: product types, common structures, payoff replication, rate curves, volatility
  • Basic understanding of Equity markets
  • Knowledge of financial mathematics: Black&Scholes, P&L calculation, Greeks, numerical methods (PDE, Monte-Carlo)
  • Technical skills: Excel, VBA, SQL, Unix

Soft skills:

  • Client-facing skills and fluency in English
  • Strong analysis skills
  • Ability to take initiatives and work in autonomy
  • Good communication skills and interactions with others
  • Willingness and motivation to discover a new area of expertise is a must
  • Team spirited