Middle Office Operations

London, Greater London
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Position Overview: The Middle Office Operations Specialist will be responsible for managing, monitoring, and supporting the trade lifecycle processes, from trade capture to settlement. This role requires a strong understanding of the trading cycle, familiarity with various asset classes, and an ability to work collaboratively across teams to resolve issues promptly.

Key Responsibilities:

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Trade Validation & Reconciliation: Accurately verify and validate trade details, ensuring alignment across front, middle, and back office systems. Reconcile trades daily to ensure accuracy in reporting and financial records.

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Settlement and Confirmation: Oversee settlement instructions, confirming trades with counterparties, and ensuring timely settlement to prevent any trade breaks.

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Risk and Issue Resolution: Identify and resolve operational risks, issues, and breaks. Communicate any potential discrepancies or unusual trading patterns with traders, compliance, and risk teams.

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System and Process Management: Monitor trading systems, manage exceptions, and collaborate with IT and system vendors to resolve technical issues or implement upgrades.

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Regulatory Reporting: Ensure all regulatory requirements are met by managing accurate and timely reporting of trades in line with jurisdictional requirements (e.g., MiFID II, EMIR).

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Documentation and SOP Development: Develop, maintain, and improve Standard Operating Procedures (SOPs) for Middle Office Operations functions. Ensure all team members are trained on new processes and procedures.

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Relationship Management: Work closely with internal teams (front office, compliance, back office, and risk) and external counterparties to enhance operational workflows and client service levels.

Qualifications:

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Experience: Minimum 2-3 years of experience in middle office operations, ideally within a brokerage, investment bank, or asset management firm.

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Skills:

* Strong understanding of trade lifecycle processes across multiple asset classes.

* Proficiency with trading and settlement systems (e.g., Bloomberg, Reuters, FIX protocol).

* High level of accuracy and attention to detail.

* Excellent problem-solving abilities and a proactive approach to managing operational risks.

* Ability to work under pressure and handle multiple tasks simultaneously.

* Strong communication skills to liaise effectively with traders, clients, and other internal/external teams.

Benefits:

* Competitive salary and performance-based bonuses

* Comprehensive health, dental, and retirement plans

* Opportunities for professional growth and development

* Dynamic, supportive work environment with a focus on career advancement

Job Info
CV-Library logo
Job Title:
Middle Office Operations
Company:
CV-Library
Location:
London, Greater London
Salary:
£50000 - £100000 Per annum
Posted:
Nov 12th 2024
Closes:
Dec 13th 2024
Sector:
Accounting, Financial & Insurance
Contract:
Permanent
Hours:
Full Time
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