WORK EXPERIENCE/BACKGROUND

The role of the Associate, Systematic Operations within the Middle Office team is to ensure trades, positions and cash are fully reconciled daily across the range of asset classes the firm trades. The individual is responsible for carrying out all processes and controls to maintain strong operational risk and the substantiation of the firm's books and records.

The core functions performed by the Middle Office team are as follows:

• Daily trade and position reconciliations vs Prime Brokers/Clearing Houses/Fund Admins across the following asset classes:
  • Equities
  • FX
  • Exchange Traded Derivatives
• Responsibility for the identification, commentary and resolution of exceptions including but not limited to:
  • Alleged trades not booked in BH systems
  • Trades booked in BH systems that do not have an external match
  • Mismatches between BH systems and external sources
• Monitoring of affirmation platforms such as CTM and Traiana for exceptions
• Accurate and complete EOD summary of all outstanding exceptions
• Timely escalation of all breaks to onshore team members
• Monitoring of inboxes to ensure the prompt response to incoming queries
• Monitoring and effecting corporate actions in firm books and records

Additional functions include:

• Monitoring affirmation platforms
• Reconciliation - cashflow bookings
• Working with technology teams to develop the reconciliations tools capabilities
• Project work to improve processes
• Build out of procedures to ensure excellent operational risk framework
• Collate reconciliation MIS for management

The role also requires close working relationships with a number of internal partners including Middle Office, Trade Support, Portfolio Finance, Execution, Fund Finance and Treasury. Occasionally coverage across the wider operations function may be required.

WORK EXPERIENCE/BACKGROUND

Essential

• Undergraduate degree in a numerate discipline
• A sound understanding of financial markets, different financial products & front to back processes
• An excellent knowledge of operational risk and risk mitigation utilising technology, process and controls.
• Minimum 5-6 years' trade/operations experience. (2+ years of experience within Equities)

Desirable

• Advanced excel
• Good problem-solving capabilities, evidence of process improvement.
• Cross asset class experience: Equities, ETD, FX, FID, Rates
• Experience Using AI applications

TECHNICAL SKILLS & KNOWLEDGE

• Self-motivated and proactive
• Ability to perform well under pressure
• Risk based prioritization
• Enthusiastic, flexible and adaptable
• Ability to work independently as well as part of a team
• Hard working, diligent and attention to detail required
• Strong knowledge of Equities (Swaps) and basic of ETD, FX, FID, and Rates

OTHER REQUIREMENTS

• Strong work ethic and attention to detail
• Good communication skills
• Enthusiastic and flexible
• Excellent written and spoken business English
• High personal initiative and personal responsibility
• Hardworking, able to work independently, and eager to learn
• Friendly, polite and personable - enjoys working with others