Middle Office/Trade Support

Middle Office Associate
The Company
Our client specialises in convertible securities, global equities, ABS and investment grade credit default swaps, as well as research and portfolio management. At its formation, the hedge fund was primarily a directional convertible bond fund manager, but since then, the company has diversified and grown to be one of the top Hedge Funds in Europe. Our client has grown into the Credit Derivatives and Event Driven/Distressed space in a significant way. Funds have also been launched in ABS, Asian equity long/short, Global Macro and Private Equity strategies.

The Role

Due to continued positive expansion of the business and launch of new funds and products, our client require a Middle Office Associate to join the Operations team of 14 people based in London to help support a trading floor of around 80 traders.

Group Responsibilities Include

* Confirming and reconciling trades on Oasys
* Reviewing Failed trades with four Prime Brokers daily
* Execution of FX transactions
* Corporate Actions Monitoring
* Stock Loan Executions
* Repo ABS processing
* Futures Options CFD confirmations
* Running PLs for a couple of Trading Desks in the Morning.
* Involvement in running Equity Bond Cash and Position Reconciliations.
* Daily contact with the rest of the Middle Office team, traders, counterparties and prime brokers.

The candidate will have the ability to move on to a wide variety of other Middle Office tasks. The team support all products and process, so there's a wide variety of different roles and functions to get exposure to. To focus heavily on cross-training so that everyone gets an opportunity to gain as many cross-product skills as possible.

The Right Person

* Degree educated or experienced as equivalent (4+ years)
* At least 18 months experience in an operational role such as settlements or trade support.
* Exposure to cash securities such as Equities, Bonds and Listed derivatives strongly preferable.
* Experience using a range of settlement and reconciliation systems
* Team oriented - everyone shares tasks and knowledge, so personable and open to interaction is a must
* Organised - Everything is run on a strict deadline and time management skills will be helpful

November 27, 2012 • Posted in: General

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