12 Month Internship - Rates Middle Office

Description du poste

Summary In a dynamic and International environment, you will participate in the control and support functions of the operations initiated by the London Rates & Cross-Asset Front Office, from the negotiation and recording of the transactions. Your role will be to facilitate and to smooth the processing of the operations in the processing chains by ensuring an effective and relevant support to FOs based in London. As well you will support MO Post-Trade and Operation teams based in Paris. You will develop various skills: knowledge of financial products such as Interest Rate Swaps, bonds, FX products either vanilla or hybrid & Cross-Asset. The position is based in the dealing room London. You will report locally to the London Rates team Lead and globally to the Head of Paris IRD Middle Office. Key Responsibilities The role of the intern will be to support the Rates Middle Office team in the following activities:

• To ensure the proper booking of the transactions.
• To contribute to the development of a reliable and effective first level of control function for the dedicated perimeter.
• To participate in various projects related to client business development, to optimize secure transactions and provide control of risks.

You will also participate in business projects such as new markets development or new products, new regulations and market rules. For compliance and confidentiality issues some tasks may not be performed by you.
Main tasks and responsibilities on the perimeter you will support : 1. 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)
2. 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)
3. Monitoring Collateral reporting on a weekly basis
Monitoring of the Mandatory Clearing Process in Markitwire
Monitoring of the Regulatory reporting to DFA & EMIR
4) 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
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.

Critères de candidature
Durée

12 Months

Niveau d'étude minimum

Bac + 3 / L3

Formation / Spécialisation

Graduate
Previous experience in MO functions

Soft skills

Good relationship and communication skillsAutonomyRigorous and organized

Outils informatiques

Comfortable with excel functions, macros and visual basic

Entreprise Crédit Agricole CIB A propos de Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) Crédit Agricole CIB est la banque de financement et d'investissement du groupe Crédit Agricole, 10ème groupe bancaire mondial en taille de bilan 2021 (The Banker, juillet 2022). Près de 8600 collaborateurs répartis dans plus de 30 implantations en Europe, Amériques, Asie-Pacifique, Moyen-Orient et Afrique du Nord, accompagnent les clients de la Banque dans la couverture de leurs besoins financiers à travers le monde. Crédit Agricole CIB propose à ses clients grandes entreprises et institutionnels une gamme de produits et services dans les métiers de la banque de marchés, de la banque d'investissement, des financements structurés, de la banque commerciale et du commerce international. Pionnier dans le domaine de la finance Climat, la Banque occupe aujourd'hui une position de leader sur ce segment avec une offre complète pour l'ensemble de ses clients. Pour plus d'information : www.ca-cib.fr Twitter: https://twitter.com/ca_cib LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/