Structured Products Middle Office Analyst

2 weeks ago


London, United Kingdom AMS Contingent Full time

We are AMS. We are a global total workforce solutions firm; we enable organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solutions (CWS) is one of our service offerings; we actas an extension of our clients' recruitment team and provide professional interim and temporary resources.

Our investment banking client has been present in the UK for more than 150 years, they're a long-term partner to British business. Today, the Group is formed of 10 divisions and employs 9,300 staff based in 21 core locations right across the country. Theirrole is simply stated: help clients achieve their goals by combining local know-how and global reach. In so doing, they seek to make a positive, sustainable contribution to both the UK economy and society.

On behalf of this organisation, AMS are looking for a **Structured Products Middle Office Analyst**for a **12-month** long contract based in **London** (hybrid pattern of working).

**As a Structured Products Middle Office Analyst, you will**:

- Co-ordinate settlements of new structures with various parties, both internal and external.
- Verify deals are represented correctly in the booking systems and that they conform to all legal documentation terms.
- Ensure that all allocated Level 1 and Level 2 controls have been performed on new structured transactions, and recorded SPMO spreadsheet (DCR).
- Ensure appropriate records of the transactions are kept and saved.
- Set up and ensure appropriate controls and reminders are in place for the entire life of the transaction.
- Make payment instructions to BO and some external parties.
- Ensuring all cash account breaks related to the structures have been investigated and cleared.
- Manage the team mailbox.
- Update the transaction mapping file.
- Solve issues and answer various queries.
- Work closely with other Operational areas to ensure existing deal stock is being correctly represented, especially for non-standard bookings.
- Produce transaction specific documentation for some deals highlighting any particular booking feature or control to be performed for the complete life cycle of the transaction.

**What we're looking for**:

- Willingness to take ownership for the tasks assigned.
- Problem solving/analysis skills with a "can do" approach.
- Effective time management and personal organisation skills (ability to prioritise workload and escalate issues to manager accordingly).
- Analytic mindset.
- Aptitude for working in a controls-focused environment.
- Ideally - previous Investment Banking experience in Operations roles, with knowledge of Fixed Income products (Bonds, IRS, CDS, Repo etc.) and how they are booked, settled, and reported.
- Some understanding of structured products.
- Knowledge of how the Fixed Income business is organised: relationship between the Middle Office and other functions such as Front Office, Legal, Risk, Back Office, and Finance.
- Understanding of settlement and P&L.

**Next steps**:
**This client will only accept workers operating via an Umbrella or PAYE engagement model.**
AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business.



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