The capital markets function at Validus was established two years ago, with the objective of developing a specialist front/ middle/ back office outsourced solution for our client base of private capital managers, institutional investors and corporate clients.
This involves:
- Establishing trading infrastructure (trading lines, ISDA agreements) with investment banks and other counterparties
- Executing derivative trades (as agent) on behalf of clients
- Communicating and coordinating hedging activity with clients
- Ensuring best execution across a variety of derivatives (FX, interest rates, commodities)
- Managing and developing strong relationships with clients and across our banking panel of >50 banks around the world
- Proactively working with clients and Validus colleagues to optimise hedging portfolios
- Designing and presenting hedging solutions to internal and external clients
The capital markets function is currently based in London (Europe) and Toronto (North America). This role is based in our London office.
Primary Responsibilities:
- Assisting with the trading infrastructure onboarding with investment banks and other counterparties
- Collecting clients' financial statements and conducting ATE testing
- Managing LEIs renewals
- Booking trades, confirming trades, and liaising with banks to agree settlement figures, transfer order and deal with any non-receipt claims
- Preparing and sending daily regulatory reports
- Utilising technology skills to develop and automate existing reports to help the GCM function become more efficient
- Utilising technology skills to assist with data analysis and manipulation
- Carrying out ad-hoc project work and any other ancillary task as assigned by the Department Head
- Adhere to Financial Conduct Authority Rules and Regulations
- Adhere to all internal policies and procedures
Requirements
- Postgraduate/ undergraduate degree in a quantitative subject (e.g. Finance, Economics, Engineering, Math, Statistics)
- Some familiarity with alternative asset managers and what they do (Private Equity, Private Debt, Secondaries)
- A basic understanding of risk management in financial markets and derivatives
- Advanced proficiency in Microsoft Excel; experience with VBA and Python is preferred but not required
Benefits
Validus Risk Management is an independent technology-enabled advisory firm specialising in the management of FX, interest rate and other market risks. We work with institutional investors, fund managers, and portfolio companies to design and implement strategies to measure, manage and monitor financial market risk, using a market-tested combination of specialist consulting services, trade execution and innovative risk technology.
Working at Validus can offer an exciting opportunity for both personal development and professional growth. Share in our mission to become the largest and most respected specialist provider of financial market risk services in the world. Notable benefits include a competitive remuneration package (salary + bonus), health care, retirement plans, and financial support towards professional qualifications.
Our core company values are;
- Accountability - Getting it done and owning the result.
- Teamwork - We succeed by helping others succeed.
- Integrity - We serve our clients; the responsibility is sacrosanct.
- Diversity - Diversity boosts creativity - creativity is our edge.
- Kaizen - Strive to do things better. Innovation kills complacency.
Validus is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
