12 Month Internship - Middle Office Rates Analyst

Crédit Agricole CIB

3mo ago

Applications are closed

Internship
Full-time
Off-cycle Internship
Banking & Finance
London

Requirements

Candidates must possess a Bachelor's degree or above (equivalent considered) in Finance or Business with the minimum classification of 2:1.
Prior short-term experience within a Middle Office environment (i.e. Summer Internship/work experience)
Good relationship management and communication skills
Autonomy
Rigorous and organised
VBA development
English (fluency required), French (would be seen as advantageous)

Responsibilities

The role of the intern will be to support the Rates Middle Office team in the following activities:
Ensure the proper booking of the transactions.
Contribute to the development of a reliable and effective first level of control function for the dedicated perimeter.
Participate in various projects related to client business development, to optimize secure transactions and provide control of risks.
Participate in business projects such as new markets development or new products, new regulations and market rules.
Main tasks and responsibilities on the area you will support :
Validation / Booking:
First level of trade input control in FO systems (manual bookings)
Ensure exhaustiveness of daily captures
Ensure exhaustiveness of Term-sheets sent to other Rates & Equity MO teams
Modifications in FO systems (valuation impact control)
Post trade issue:
Trade Lifecycle Management (booking of events in FO systems)
Supervision of exercises and expiries of trade options
Investigation & follow-up on breaks and requests sent by BO or other Rates & Equity MO teams (emails / BSMs)
Monitoring:
Collateral reporting on a weekly basis
Monitoring of the Mandatory Clearing Process in Markitwire
Monitoring of the Regulatory reporting to DFA & EMIR
Other duties
Control and coordination of the CVA fees Process on a weekly basis
Creation of counterparts and instruments in FO systems
Support for FO (reporting, monitoring, creation of ctp, etc…)
Ensure the controls and procedures are developed to support the business and reduce operational risk
Service Quality and Processes improvement:
Propose and formalise any improvements on controls and procedures
Develop efficiency initiatives
Compliance and Governance
Ensure compliance with CA-CIB CMO and CA-CIB London governance and organisation directives
Promote operational controls and segregation of duties
Control and awareness
Exert vigilance to unusual or inappropriate (i.e. unusual, un-economic fraudulent) trading practices or operations
Legal and Regulatory Responsibilities:
Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.
Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

Crédit Agricole CIB

Finance

Industry

5001-10,000

Employees

2004

Founded Year

Mission & Purpose

Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2022). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and North Africa support Crédit Agricole CIB's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.