Associate, Trade Services

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Liquidnet Liquidnet is a next-generation agency execution specialist. Powered by technology that helps drive institutional alpha, our trading and liquidity network intelligently and securely connects the world’s investors with the world’s investments.

Established in 1999 on the belief that there was a better way to trade, Liquidnet' journey began with a vision to create a platform that goes beyond traditional transactional models.

We wanted to build a community where traders could connect, collaborate, and execute trades with confidence. Over the years, we've grown from a vision into a thriving ecosystem that empowers the buy side in ways never before imagined.

We are committed to making trading more efficient, intelligent, and accessible. Our purpose guides every decision we make, from the tools we develop to the relationships we nurture with our Members.

Role Overview This position is responsible for helping in the daily Operations processes of servicing all Japanese domestic and international clients, trading equities in Japan and international markets. In this Trade Services role, you will liaise with the APAC institutional client base in the post-execution (Operations) area and the Front Office (Sales Trading) team to ensure that client delivery is of a high quality. As such, you must possess excellent client service & communication skills, and a confident manner to effectively manage internal/external client expectations and deliver quality services.

The Trade Services Team in Asia has representatives in Sydney, Tokyo and Hong Kong.

Role Responsibilities

• Perform Client onboarding process, Account Opening and Static Data maintenance, mainly for Japanese Onshore accounts
• Ensure timely and accurate processing of client trades and onward submission to the custodian providing operational support to all members
• Collect allocations and booking trades, internal processing of trades (issuance of varies types of confirmation as clients requested and uploading trades to the clearing bank)
• Identify and resolve workflow issues and liaise with internal/external departments and clients to communicate resolution of outstanding issues, ensuring escalation to immediate manager
• Daily/Weekly/Monthly/etc Trade, Tax and Regulatory reporting to Exchanges and Japanese Regulators
• Create and update various statistics for members (trade allocations, pre-match rates/fail rates etc.)
• Initiate new procedures and solutions to improve productivity, system enhancements and increase STP
• Take responsibility for your assigned department projects, (UAT, system enhancements etc.)
• Escalate issue/problem to immediate manager
• Perform pre-matching with both clients and market
• Ensure all reconciliations are completed in a timely manner in order to produce reports to management
• Managing monthly commission claim and reconciliation in different markets
• Managing CSA requests with other internal departments and clients

Experience / Competences

Essential

• Knowledge and understanding of the on-exchange equities trading and settlement
• 3-5 years’ of experience working in post trade and settlement in APAC markets (at least Japan Onshore cash equity business)
• Native Japanese and Good English speaker with competent writing skills
• Familiarity with Sell-Side (and/or Buy-Side) trading floor environments and support functions
• Understanding Front-to-Back workflow in cash equity trading business
• Willingness to work on public holidays whenever needed (on shift/rotation basis)
• Willingness to work Japanese or Sydney trading hours occasionally

Desired

• DTCC Alert and CTM platform knowledge
• Experience with vendor systems such as T-WAVE and Smartbridge, and Jasdec Web
• Knowledge of the functions and flows of JSCC, JDCC and JASDEC
• Knowledge of Settlement lifecycle of APAC markets (or at least Japan market)
• Experience and Knowledge of handling Japanese Stock Corporation Actions
• Excellent verbal and written skills for communicating with internal/external clients
• JSDA Security Sales Representative Class 1

Job Band & Level: Professional & 5 #LNET

Not The Perfect Fit? Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location Japan - Akasaka Minato-ku - Tokyo