About Universal Partners
Founded by two co-owners, Oliver Carson and Dhaval Patel, Universal Partners are one of the fastest growing companies within the FX sector. We are the only deliverable FX company in the UK who are achieving more than £7m Gross Profit within 5 years of being incorporated. We are now in the process of blitz scaling these numbers to over £20m within the next 24-36 months. The difference with Universal Partners is that we are not pre-built like many large organisations providing an extreme number of opportunities and growth to further your career. We are a fast-paced, fresh, and young company with lots of talent and an amazing culture leading us to national and global media recognition.
Department Overview
The Risk Department is tasked to establish, implement, and maintain risk management policies and procedures that are effective in managing the risk exposure of Universal Partners. The aim is to maintain our risk profile within the risk appetite while allowing the business to pursue its goals. The department facilitates the implementation of the risk policies and procedures that governs the risk-taking abilities of Universal Partners.
Job Overview
As a member of the Risk team, the Treasury & Risk assistant is responsible for assisting the team to manage the day-to-day task that the risk team are required to undertake.
This involves daily monitoring of trades, calculating and issuing deposit and variation margin calls.
The main goal is to ensure Universal Partners’ daily risk exposure and tasks are completed efficiently and by the given deadline.
Although not a formal responsibility, the expectation would be that each member of the risk team can cover for other members when there are absences so we would anticipate an openness to learning and managing the other key risk areas when required (credit and operational risk).
Key Responsibilities
| – Running and checking the daily trade reports |
| – Running, checking and chasing for daily Initial and Variation margin payments due. |
| – Escalating all issues to the Head of Treasury & Risk |
| – Reporting to Head of Treasury & Risk to assist with collating regular reporting for senior management |
| – Working within the team to ensure client requests are dealt with and providing cover as required. |
| – Assisting in the monitoring of trades coming to value and any outstanding trades that have not been settled. |
| – Assisting in the monitoring and preparation of credit reviews when they are due |
| – Assisting in managing the credit facility utilisation of our approved credit facilities. |
| – Assisting the implementation of policy and procedures, as well as administering processes in line with company’s internal controls. |
| – Assisting with day-to-day requests and queries in a timely manner. |
| – To continually look for improvements in processes to support current and new business lines as UPFX Grows. |
| – Assist in the preparation of management information required monthly to assess any risks that might impact the business. |
Skills & Experience
| – Fluency in written and verbal English. |
| – Diligence and attention to detail while working in a fast-paced environment. |
| – Performance driven and results orientated with a hunger to problem solve. |
| – Confident and proactive in communicating with people at all levels and working as part of the team. |
| – Strong Excel skills |
| – Excellent organisation skills |
| – Responsible, self-motivated, pro-active & assertive |
| – Ability to manage and prioritize a busy workload and to remain calm under pressure |
| – Finance or numerate based degree. |
| – Knowledge of FX products and working in a fast-paced environment – Desirable |
Company Benefits
| – Competitive salary |
| – Discretionary quarterly bonus |
| – Pension Scheme |
| – Private Healthcare |
| – Subsidised gym membership |
| – Training courses |
| – Monthly roundups with lunch provided to all staff |
| – Complimentary fruit and coffee machine |
| – Company and team social events |