Front Office Support - Financial Markets

ING•New York, NY

66d•$140,000 - $180,000•Hybrid

About The Position

Front Office Support (FOS) sits within Financial Markets and supports both Sales and Trading. FOS supports various Sales and Trading teams within ING Financial Markets LLC and ING Capital Markets LLC and is seen as primary contact between FM and the wider Support function. Partners include, among others: Legal/Credit Risk/Compliance, Operations, GSO/Outsourced Providers, and other key FM-departments within Wholesale Banking offices in Amsterdam, London and Singapore. Over time, tasks have shifted from operational and risk-oriented departments to the front office (FO). This has created additional strain on front office staff and detracts from their commercial responsibilities like client prospecting, soliciting business, etc. ING Financial Services LLC is seeking a Vice President to lead the Front Office Support team for Financial Markets in New York City. In this job, you will assist in the coverage of new and existing ING relationships in the Americas. Role is specific to one or more business areas depending on candidate's background and expertise (see below for Main Responsibilities). You will work as a player/coach of the Front Office Support/Middle Office team and will report to the Head of FM NY Business Management.

Requirements

Minimum of 5 years of experience
Bachelor's degree in business or closely related quantitative field
Background in Financial Services to trading / sales desk
Understanding of financial markets and regulatory requirements
Result orientated with the ability to work under pressure and adapt quickly in fast paced environments or when there are challenging deadlines to meet
Planning and organisation skills to complement attention to detail
Analytical and problem-solving skills
Self-starter who takes initiative
Excellent client (internal/external) interaction skills
Ability to work with speed and accuracy (Excel skills desirable)
Series 7 and 63 required

Responsibilities

Act as a liaison on behalf of FM Front office towards all second line and outsourced support teams, developing a strong knowledge of necessary processes to drive operational excellence and achieve positive outcomes.
Contact point for operations, counterparties and market counterparties across settlement issues, fails and claim management processes.
Lifecycle trade management.
Exception handling across FO platforms, booking logic.
Break handling/reconciliation.
Back-to-Back booking flows.
Regulatory and Administrative Support - Providing strategic liaison and administrative support for the business across both onboarding and maintenance of clients, brokers, market counterparts, CCP's etc.
Provide link between eCommerce infrastructure, our client base, and the business. Assist with legal documentation related to client relationship, regulatory or specific documentation related to individual products.
Project support where required, examples being system migration, new regulation, process enhancements, trade floor migration etc.

Benefits

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.
The possibility to grow within an international organization
The possibility to participate in courses and trainings

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