Dealing Desk Assistant/trainee Dealer

M&G plc. SingaporePosted 3 hours ago Permanent Competitive
- At M&G our purpose is
- **to help people manage and grow their savings and investments, responsibly**. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities. To help us achieve our vision we're looking for exceptional people who live our values of care and integrity and who can inspire others; embrace change; deliver results and keep it simple.
- We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.
- **The Role**:
To provide front office support to the Equity / Fixed Income Dealing teams in Singapore including transaction cost analysis / new issues / capital raisings / project or regulatory related work while ensuring oversight and dealing controls are appropriately managed. The role will be a demanding one requiring good market / system knowledge, communication, coordination and cooperation across 1 st line business areas, across the UK, Singapore and Chicago desks.**Key Responsibilities**:
Operational Responsibilities
- Undertake periodic / ad hoc tasks as and when required (e.g. Review of execution rates with the dealers annually, complete any counterparty breach forms, confirmation of novation process and external stakeholder management / dealing relationships)
- Ensure controls in respect of COB's monitoring are carried out as required with a good understanding of relevant RCM's across the Front Office teams.
- Close liaison with Stakeholders and Risk, particularly around ongoing analysis and MI provision.
- Work with management to improve processes, customer outcomes, ensuring risks are understood and controls are appropriately applied.
- Liaise, resolve TCA issues and represent the Fixed Income / Equity teams with other departments, including Information Systems, Data Management and Investment Operations.

Analysis / MI Responsibilities
- Understand the rules and regulations in regards to Best Execution and our oversight obligations in BAU.
- Support the process and data reviews, building in improvements, including TCA and data analytics. Work to improve client and firm outcomes across FI / EQ Trading including Spread, Cash, Algo and PT, Futures, Convertible bonds, ETFs and Options.
- Support the Dealing teams ongoing implementation monitoring via Monthly, Quarterly TERF's and interactions / usage also of our Independent TCA vendors analysis, (including peer groups).
- Support for monthly summary MI, TERF minutes and related submissions to the Dealing Management Committee, while supporting periodic thematic Compliance reviews or Audit / AAF / ICF / OMF requests.
- Work with the Fixed Income / Equity Dealing teams and business risk partners to improve TCA / TERF data.
- Regular analysis support for Clients, Heads of Dealing and Fund Manager Assistants in relation to Implementation.
- Input and Analysis around regular Post Trade Transaction Reporting, (PTTR), obligations and issue resolution
- Generation of Hit Ratio%'s / Counterparty Review Reporting both for quarterly / bi-annual counterparty meetings.

General Responsibilities
- Maintain desk procedures, how-to guides and risk registers, ensuring the all processes and controls are captured and adhered to by those involved in the implementation process.
- SME for any broader project related work across Dealing activities, including potential vendor onboarding and analysis requirements such as the ESG Programme.
- Support of key controls / monitoring via Aladdin and SurveillanceGrid, e.g. exceptions monitoring, price limits, liquidity and pre-post trade analysis etc
- Raise, test and sign off small changes to systems, working closely with system development and front office system support teams.
- Provide cross-training and cover, (including some bank holidays), for other Dealing Services activities, when necessary.

**What we are looking for**:
Required
- Experience of and a good understanding of Equity / Fixed Income dealing and markets within the asset management industry.
- Experience on a Fixed Income or Equity dealing desk / or related operational and settlement process exposure
- High level of accuracy and strong analytical / system skills with experience of execution quality / trading oversight and related MI production
- Bright, enthusiastic and proactive. Due to the nature of the role, a self-starter is essential.
- Numerate, logical and analytical approach, with a mathematical discipline at A-level/degree.
- Able to work effectively under pressure and to tight deadlines with good communication skills, both written and verbal.
- Ability to develop and maintain relationships with key internal and external contacts.

Desired
- Previous knowledge / use of Aladdin, Bloomberg and