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Middle Office Specialist

3 months ago


London Area, United Kingdom Selby Jennings Full time

A multi-asset, strategy Hedge Fund spanning Volatility, Fundamental Equities, Quant, and Macro and Fixed Income is looking to onboard a Middle Office Specialist with a strong background in OTC trading products and associated settlement platforms spanning interest rate swaps, interest rate swaptions, CDS, CDX, CDX Options, futures & options & credit experience.


Responsibilities:


  • Provide real-time support for OTC trading desks by confirming and validating trades accurately and promptly.
  • Resolve trade discrepancies and discrepancies in a timely manner, collaborating with trading desks and counterparties.
  • Confirm OTC trades with counterparties using platforms such as ICELink, MarkitWire, and/or Traiana to ensure all confirmations are accurate and complete.
  • Perform daily reconciliations of trade positions, cash, and collateral with counterparties and internal systems.
  • Investigate and resolve any breaks or discrepancies in a timely manner.
  • Collaborate with trading desks, counterparties, and the Treasury department to optimise collateral usage and mitigate risks.
  • Work closely with risk management teams to ensure accurate reporting and monitoring of market, credit, and operational risk associated with OTC trading products.
  • Identify opportunities for process improvements and automation to enhance operational efficiency.
  • Collaborate with cross-functional teams to implement changes and optimise workflows.


Qualifications:


  • Min. 3 years' experience within Middle Office Operations focusing on OTC Trading Products, settlements and paltforms.
  • Strong understanding of trade life-cycle, confirmation, settlement and reconciliation prcoesses.
  • Experience covering interest rate swaps, interest rate swaptions, CDS, CDX, CDX Options, futures & options & credit experience.