Job Specification: Position Level of Position Division / Department
Job Specification: Position Level of Position Division / Department
Job Specification: Position Level of Position Division / Department
Division /
Department
Budapest Operations / FID Derivative Documentation
The FID Derivative Documentation Team consists of three groups: The Drafting Team,
the Retrieval Team and the Verbal Affirmation Team. All teams focus on working to
regulator guidelines and marketwide best practice.
The Verbal Affirmation Team verbally confirm trades with clients prior to any settlement,
minimising firm risk and providing assurance that the trade economics are captured in a
Description of the
department
timely and accurate manner.
The Drafting team looks after the production of documentation for Interest rate and Credit
Derivative trades for EU, ensuring accurate trade representation to match our internal risk
bookings. The Retrievals group is responsible for confirming that trades are agreed with
counterparties, economic terms of the transactions are agreed and that we have sign off on
the legal documents produced by the drafting group.
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Operations Competence Framework
ANALYST
Learns about the industry and the Firm while contributing to the daily operations of the
department.
DEFINITION
Commercial / Business Orientation
Client Skills Establishes and maintains effective working relationships with all clients they support.
Business / Demonstrate basic business knowledge concepts. Understands the role and objectives of the
Product department and the functions of other divisions. Interested in learning how
Knowledge business/products are created.
Knows how the systems link to each other. Maintains data integrity; understands system
Technology
process flow and the implication of a break in the process.
Defined by the complexity and breadth of the role. Where the role demands a high level of
Size and Type
of Role
specialised knowledge, complexity will be evaluated by considering length of time to reach
full mastery. Role must be developed or identified for the next level.
Professional Skills
Takes responsibility for own actions. Learns from own and others' experiences. Shares own
Integrity knowledge where appropriate. Looks for innovative ways to be more efficient. Uses the
utmost discretion in dealing with sensitive/confidential information
Communication Writes and speaks clearly and concisely. Listens to others. Determines the importance of an
issue when deciding who to involve in communications. Keeps others informed.
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Puts in the necessary time or effort to meet team objectives. Builds effective relationships
Teamwork within own group. Appreciates and respectful of varying cultures within the organisation.
Shows some interest in understanding what is happening with other teams.
Managing
People
N/A
Leadership Promotes own ideas and is able to sell the benefits to others.
New Professional competencies
Analysis & Retrieves appropriate facts. Notices gaps, risks, errors and changes in data/information.
Judgement Checks the facts.
Drive &
Resilience
Takes full accountability for completing a task to expectations. Confident in resolving
Incorporates issues. Knows when to ask for help. Stays calm under pressure.
sustained
performance
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26/02/2011