Middle Office Analyst

Salary/Rate:The compensation includes a competitive base salary along a bonus dependant on experience and performance.
Job type:Perm
Town/City:United States
County/State:Illinois
Specialism:operations
Job ref:605116
Post Date:11. 05. 2024
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About the Role

A leading Proprietary Trading company are looking for a ‘Middle Office Analyst’ to join their team.

 

You must be working within a similar company ideally within proprietary trading or financial services firm.

 

The compensation includes a competitive base salary along a bonus dependant on experience and performance.

 

Head Quarters office in based in Chicago with an office also based in New York.

 

Remote working within the US will also be considered.

 

Responsibilities:

  • We are seeking a talented and self-motivated Middle Office/Back Office (MOBO) Analyst to join a growing team. This role requires meticulous attention to detail and strong organizational skills.
  • Trade Processing and Settlement: Assist with the accurate and timely processing of all trades executed by the trading desk, ensuring compliance with regulatory requirements and internal policies. Coordinate with counterparties and clearing firms for trade settlement.
  • Risk Management: Maintain effective risk management controls within the middle and back office operations. Monitor trading activities for adherence to risk limits and escalate any breaches or concerns to senior leadership.
  • Reconciliation: Reconciliation of trade and position data between internal systems and external counterparties. Conduct daily, monthly, and ad-hoc reconciliations to identify and resolve discrepancies promptly.
  • Regulatory Compliance: Stay abreast of regulatory changes and requirements relevant to proprietary trading operations. Ensure compliance with all applicable regulations, including reporting obligations and record-keeping requirements.

 

Qualifications:

  • Experience in middle office, back office, or operations roles within a proprietary trading firm or financial institution.
  • Understanding of financial markets, trading products, and risk management concepts.
  • Proficiency in trade processing and settlement systems (e.g., Bloomberg, Reuters, Fidessa) and reconciliation tools.
  • Familiarity with technology solutions for middle and back office operations, including trade capture, risk management, and reporting tools.
  • Proficiency in relational databases, Microsoft SQL preferred.
  • Experience with SQL, stored procedures, data models, database security, etc.
  • Python knowledge desired and a definite plus.
  • Familiarity with object oriented programming and design.

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