Job Title: Director – Electronic Foreign Exchange Solutions for London office
Job Description:
Edgewater Markets seeks an operational solutions director for the European team based out of the London office. The ideal candidate will be responsible for the delivery of trading, reporting and operational solutions to provide service to the business’ growing need for automation, cost reduction, compliance and accuracy. The role requires responsibility for all planning, resource allocation and delivery of project goals within the scope of the e-trading business. 5+ years’ experience in Institutional FX is a must. Meticulous attention to detail, excellent time-management skills & an ability to work under pressure is required. The position would suit the person who can seamlessly integrate with an existing team & who can “hit the ground running”. Act as an escalation point for the global operations teams for transaction issues.
Key Duties & Responsibilities
- Support productivity by reviewing, enhancing and evolving processes, streamlining of operational, booking & trading systems with the goal of reducing latency and improving execution quality for the client to drive progress
- Responsible for Trade capture, but not limited to, performing initial trade bookings, resolving trade discrepancies, and facilitating trade life cycle events
- Identify. resolve variations in risk in the trading system with the goal of optimizing performance for the trading system
- Monitor all trade issues, escalate as necessary, and resolve in a timely and efficient manner
- Ensure initial trade bookings, trade amendments, client credit checks, and allocations occur in a timely manner
- Responsible for reconciliation of transactions
- Champion technical innovation, help set directions in evaluating, leveraging technology and industry best practices
- Researches, resolves technical issues, provides technical support and trade inquiries
- Deliver high priority client service, by maintaining a strong focus on customer service, to meet client and internal expectations which directly effects the customers perception of Edgewater Markets
- Update and maintain customer reporting
- Support the FX Onboarding group with analysis of processes and maintenance of procedures, policies
- Provides high quality work by ensuring accuracy and ability to deliver change initiatives efficiently
- Maintenance of Edgewater Systems
- Escalate to senior management (e.g. Front Office, Product Control, Compliance, and/or Operations) any issues that may cause monetary loss to the firm or that could affect client relationships and provide awareness of potential issues
- Provide input into the day-to-day operations of the sales team & help implement reforms to the sales cycle and accompanying processes where warranted
- Proficient in Bloomberg, ECNs, remote access, state-of-the-art trading platforms and quotation services
- Provide support for global connectivity and communication with global counterparts to ensure consistency and alignment to target operating models within the company
- Create and maintain operating manual and handbook
Key Management of Risk
- Ensure compliance with operational risk controls in accordance with internal or regulatory standards and policies; and optimize relations with regulators by addressing any issues
- Must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations
- Understanding of the “Best Practices” and back-to-front product flow to manage Operational Risk
- An understanding of the fundamentals of risk, control assessments and protocols
Requirements, Skills & Experience
- 5+ years’ proficiency in Institutional FX and trading markets, in FX trading products and their platforms, FX operations, processes, workflows, trade lifecycle and ability to acclimate quickly and become knowledgeable on the firm’s core product offering
- Apply independent judgment and use discretion when resolving trade discrepancies to ensure the firm’s capital is accurately applied
- Apply independent judgment to act in the team’s and the organization’s best interest in all responsibilities and situations
- Maintain a strong focus on customer support
- Ability to work under pressure, without close supervision and meet deadlines
- Analytical thinking & problem-solving ability
- Ability to quickly adapt to new systems and develop appropriate procedures
- Minimum of a BA/BS degree in financial or related field, or related experience
- Expert electronic platform knowledge including but not limited to: Integral, Flextrade, Broadway, ETG, TradAir, APIs, reporting systems and prime brokers
- Evidence of delivering and exceeding required outputs
- Existing portable customer base – a plus
- TradAir/Integral/API/Broadway/EBS: system product knowledge – a plus
A competitive performance-based compensation & benefits package will be available to the successful candidate.
How to contact us. Please email your cover letter and resume to alessandra@edgewatermarkets.com
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Job Title: Institutional FX Sales for New York City office
Job Description: Edgewater Markets, an industry leader in Electronic FX liquidity & distribution to global institutional clients, seeks an Institutional Salesperson for our New York City office. The ideal candidate Must have an existing book of institutional business & a successful track record of generating business in the institutional FX space. Ideally the target candidates will be those who can seamlessly integrate with an existing team & who can “hit the ground running”. Minimum five years relevant background.
Key Duties & Responsibilities
- Identify, open & manage new institutional accounts, to include Hedge Funds, CTA’s, banks & Asset Mgmt. companies
- Utilize the Firm’s technology & competitive liquidity/pricing to increase production on the existing account base as well as to consistently open new relationships
- Create & execute a sales plan
- Highlight potential International/Financial business opportunities for the Firm
- Provide input into the day-to-day operations of the sales team & help implement reforms to the sales cycle & accompanying processes where warranted
- Create customized solutions for client needs, both internally & externally, by utilizing the Firm’s technology/ platforms & core product suite
- Low transaction costs - higher payouts
- Highly attentive back office & conversion support
- Bloomberg, ECNs, remote access, state-of-the-art trading platforms & quotation services
- Third-party research
- Full line of products & services with no house products
Requirements, Skills & Experience
- Proven track record in a sales-driven environment (FX Trading background a plus)
- A deep understanding of Institutional FX Markets
- Possess a common-sense approach to negotiation
- Ability to acclimate quickly & become knowledgeable on the firm’s core product offering
- Maintain a strong focus on customer service
- An active team player with strong interpersonal attributes
- Excellent written & verbal communication skills
- Ability to work under pressure & meet deadlines
- A working knowledge of the competitive landscape & key market participants
- Casual work environment within entrepreneurial culture
- Location: New York City
A comprehensive performance-based compensation & benefits package will be available to the successful candidate.
How to contact us. Please email your cover letter and resume to alessandra@edgewatermarkets.com
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Job Title: Foreign Exchange Operations Analyst Mexico office
Job Description:
Edgewater Markets, an industry leader in Electronic FX liquidity & distribution to global institutional clients, seeks an operations analyst. The ideal candidate will be responsible for confirmation of transactions, assist in the running of our back office. Ideally the target candidates will be those who can seamlessly integrate with an existing team & who can “hit the ground running”.
The position would suit a highly organized & efficient person looking for an opportunity in the financial sector. The role requires meticulous attention to detail, excellent time-management skills & an ability to work under pressure.
Key Duties & Responsibilities
- Provide input into the day-to-day operations of the operations team & accompanying processes when warranted
- FX processing: run events, review cash entries & SWIFT messages
- Responsible for reconciliation of transactions
- Updates & maintains customer reporting
- Researches & resolves technical support & trade inquiries
- Provides high quality work by ensuring accuracy & ability to deliver change initiatives efficiently
- Daily cash management reconciliation
- Daily trade & position confirmation & reconciliation
- Maintenance of Edgewater Systems
- Assist sales team in supporting our global clients
- Trade Input
Requirements, Skills & Experience
- An understanding of Institutional FX Markets & CLS a plus
- Ability to acclimate quickly & become knowledgeable on the firm’s core product offering
- Maintain a strong focus on customer support
- Ability to work under pressure & meet deadlines
- Casual work environment within an entrepreneurial culture
- College graduate, business or finance a must
- Analytical thinking & problem-solving ability
- Decision making, accountability
- Ability to work without close supervision
- An understanding of the fundamentals of risk, control assessments & protocols a plus
- Ability to quickly adapt to new systems & develop appropriate procedures
- Location: Mexico City
A competitive performance-based compensation & benefits package will be available to the successful candidate.
How to contact us. Please email your cover letter and resume to falanis@edgewatermarkets.com
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Job Title: Institutional FX Sales for Singapore office
Job Description:
Edgewater Markets, an industry leader in Electronic FX liquidity & distribution to global institutional clients, seeks an Institutional Salesperson for our Singapore office. The ideal candidate MUST have 5+ years’ experience in Institutional FX Sales, an existing book of institutional business & a successful track record of generating business in the FX space. Meticulous attention to detail, excellent time-management skills & an ability to work under pressure is required. The position would suit the person who can seamlessly integrate with an existing team & who can “hit the ground running”.
Key Duties & Responsibilities
- Identify, open & manage new institutional accounts, to include Hedge Funds, CTA’s, banks & Asset Mgmt. companies
- Utilize the Firm’s technology & competitive liquidity/pricing to increase production on the candidate’s existing account base as well as to continually open new relationships
- Create & execute a sales plan
- Provide input into the day-to-day operations of the sales team & help implement reforms to the sales cycle & accompanying processes where warranted
- Create customized solutions for client needs, both internally & externally, by utilizing the Firm’s technology/ platforms & core product suite
- Deliver high priority client service, by maintaining a strong focus on customer needs, to meet client and internal expectations which directly effects the customers perception of Edgewater Markets
- Update and maintain customer reporting
Requirements, Skills & Experience
- 5+ years’ proficiency in Institutional FX and a deep understanding of trading markets, FX trading products and their platforms – A Must
- Proven track record in a sales-driven environment – A Must
- Ability to acclimate quickly & become knowledgeable on the firm’s core product offering
- Maintain a strong focus on customer service
- An active team player with strong interpersonal attributes
- Apply independent judgment to act in the team’s and the organization’s best interest in all responsibilities and situations
- Minimum of a BA/BS degree in financial or related field, or related experience
- Ability to work under pressure & meet deadlines
- A working knowledge of the competitive landscape & key market participants
A comprehensive and competitive performance-based compensation & benefits package will be provided to the new team member
How to contact us. Please email your resume to asia@edgewatermarkets.com
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This role is focused on creating, maintaining, and refactoring core server-side functionality as well as supporting a global deployment.
Required skills and proficiency:
- C++: High (including recent developments)
- Linux: High
- TCP/IP: Medium
- Verbal skills: Medium
- Motivation: High
- Experience with performance analysis and tuning.
- Able to troubleshoot production issues.
- Comfortable in a small team environment.
- Experience with refactoring and unit testing.
- Proven track record.
- Location: New York or Chicago
This role is focused on improving and expanding our server-side orders and market data connectivity using primarily FIX protocols.
Required skills and proficiency:
- Verbal skills: High
- C++: Medium (including STL and thread safety)
- Linux: Medium
- TCP/IP: Medium
- Relational Database: Medium
- Coordinate concurrent initiatives including:
- Gathering requirements from clients.
- Verifying network connectivity with clients.
- Verifying development efforts in UAT (ie certification) both to our API and to counterparties.
- Communicate development progress
- Monitoring production deployments
- Able to troubleshoot production issues.
- Able to work with a remote team of developers
- Location: New York
