Middle Office Analyst Job Description
Middle office analyst
provides operational support for the NA SPG businesses covering MBS Single Name / Index , Corporate Single Name / Index, Index Options, Tranches, and TRS products.
Middle Office Analyst Duties & Responsibilities
To write an effective middle office analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included middle office analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Minimum three years experience in financial markets is essential, ideally within a middle office wholesale environment
Strong working knowledge of financial markets and instruments, both domestic and international particularly in Equities, Fixed Interest, Futures, Options and Foreign Exchange
Upport OTC Derivative pre-trade processes including account opening
Support OTC Derivative pre-trade processes including account opening
Owning or having oversight of all inputs into the process of generating accurate PnL numbers
Substantiate the PnL by understanding the trader’s strategy the risk factors that drive the PnL
Real-time or near real-time trade matching to an exchange
Attribute completeness and consistency controls performed prior to end-of-day batches (eg
Provide primary control ensuring market data integrity is complete and accurate prior to EoD
Preparing daily Profit and Loss summaries for portfolio managers through price verification, position reconciliation, and overall P&L analysis of the portfolio
Middle Office Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Middle Office Analyst
List any licenses or certifications required by the position: CFA, FRM, ACCA, FSFM, COLD, MBA, NISM, CAMS
Education for Middle Office Analyst
Typically a job would require a certain level of education.
Employers hiring for the middle office analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Education, Accounting, Business, Management, Economics, Guidance, Trades, Business/Administration, Mathematics
Skills for Middle Office Analyst
Desired skills for middle office analyst include:
Trade booking and validation
Deposit
Forward rate agreement
Loan
Foreign exchange and overnight index swaps
MS Office Products
Investment banking products preferable
Financial markets
MS Office Suite
Excel
Desired experience for middle office analyst includes:
Actively monitoring and analyzing the portfolio for inaccuracies in the live pricing and risk
Developing ideas to improve current valuation methodologies
Resolving / reconciling Profit and Loss issues raised by front office personnel in a timely manner
Security master maintenance
Reviewing trader and firm currency and market exposure
Developing and testing the firm's applications and pricing models
Middle Office Analyst Examples
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Middle Office Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of middle office analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for middle office analyst
- Participation in ad-hoc projects and UAT
- Interact and reconcile cash with treasury team
- Interact and communicate with custodians on a daily basis
- Interact with the investment, legal, compliance and client teams
- Understand the context and execution of investment decisions
- Contribute to the ongoing process improvement
- Daily interaction primarily with traders, risk, operations, management, and technology
- Intraday Profit & Loss support
- End of day estimated Profit & Loss reporting
- T+1 & month-end Profit & Loss controls
Qualifications for middle office analyst
- Minimum of 1-2 years of experience working with alternative investments
- Knowledge of the alternative investment products
- Attention to detail to ensure quality, completeness and accuracy of work
- Self motivated with strong organizational skills with the ability to learn quickly with minimal supervision
- Minimum of 1.5 years relevant Operations working experience
- Record of working proactively with Clients and Business partners
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Middle Office Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of middle office analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for middle office analyst
- Responsible for ensuring that all instructions are sent with accuracy by client, custodian and market cut offs
- Responsible for providing accurate and timely notification to Fund Managers and direct clients on trade issues that require their amendment / investigation within the deadlines defined in the SOP’s and SLA’s
- Avoid failed trades by ensuring adherence to client, custodian and market cut offs
- Ensure that accurate documentation is maintained for all trade matters
- Ensure that customer service levels provided to all internal and external parties meet departmental and business unit standards in accordance with SOP’s and Service Level Agreements (SLA’s)
- Identify, record and address issues on a daily basis to Fund Managers, Clients and relevant internal parties where applicable
- Deal with internal and external parties in a professional manner and in a manner within the best interests of the Client and Bank
- Margin calls, dispute resolutions, and collateral settlements
- Overseeing the cash management processes
- Holding conversations with Senior Hedge Fund personnel
Qualifications for middle office analyst
- Highly motivated and be able to react easily to change
- Knowledge of P&L and risk reporting and analysis is essential, as is the ability to build new and enhance existing P&L/risk reports
- Knowledge of Calypso would be an advantage
- Previous experience in financial regulatory reform policies (eg
- Implementation or reconciliation experience preferred, but not required
- Quick and flexible learner with initiative to identify needed improvements and execute on assigned projects
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Middle Office Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of middle office analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for middle office analyst
- Perform periodical controls of LA&C Treasury Center to ensure that the operations are executed according to current policies, procedures and best practices
- Examine and verify LA&C e-banking platforms to ensure that user accesses and profiles are properly configured
- Monitor the organizational changes across the region that will affect LA&C Affiliates' Power of Attorneys, bank letters and e-banking access
- Comply with SOX requirements
- Review, update and propose improvements on control activities over LA&C Treasury Center operation and processes
- Participate in local, regional and global projects new processes migrations
- Maintain fluent communication with LA&C PM Affiliates, financial institutions, Internal Control, PMI & SCE Treasury departments
- Market Matching and Clearing with client and dealer/broker outright cash bond (JGB, Non-JGB Yen Bond, Non-Yen Bond, Bond Option) – resolve unmatch/error
- Reconciliation of transactions and risk positions – resolve unmatch/break
- Reporting (MIS, KPI/KRI)
Qualifications for middle office analyst
- Strong control mind set and good understanding of Operational risks
- Good working knowledge of databases and SQL is a plus
- Relevant banking experience in a Middle Office environment
- Minimum of 1 year of experience working in a financial institution
- Lead global projects to improve systems and control, implementing new regulatory requirements
- Establishing and maintaining excellent relationships with the Business partners/Clients the people in the support groups
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Middle Office Analyst Job Description
Job Description Example
Our company is looking for a middle office analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for middle office analyst
- Prepare development requirements for system/reporting improvements
- Implement improvements to the current environment, which includes controls and automation
- Operational ownership of Clearing Middle Office Applications
- Participating in the analysis, design and implementation of work process improvement efforts
- Various Clearing Operations work processes
- Monitoring trading systems for new trades and support the Sales and Trading Desk with trade bookings
- Drafting, reviewing & negotiating settlement documents and Confidential Agreements
- Liaising with Legal, Tax, Compliance, Sales and Trading Desks, Settlements, Agency and Servicing teams to ensure necessary approvals are obtained and trades are executed in a timely manner
- Supporting the Sales and Trading Desks with pre trading queries, drafting and trade documents negotiations
- Provide daily support to BookMap user groups which includes guiding them through the application and responding to general queries
Qualifications for middle office analyst
- Be able to engage with various stake holders and manage their demands and queries as necessary
- Ensure all activities are fully compliant with regulatory requirements
- Participate in a number System/ Regulation/ Market/ Process improvement change related projects
- Able to work in well under pressure
- Has knowledge in local regulatory policies and is able to apply them
- Dependable and self sufficient in tasks
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Middle Office Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of middle office analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for middle office analyst
- Working with the trading desk, clients, counsel and operations to settle par primary and secondary loan trades
- Provide Settlement Memos to Loan Servicing on closing date
- Distribute the Trading Activity, Unsettled Trades, Inventory and Loan Portfolio Risk Reports daily to Market Risk
- Attend LSTA conferences to stay informed of new processes regarding loan settlements
- Project management – Industry and team level projects are a key component of the team
- Review daily the exposure report with our counterparties (banks), inform and explain the over limit positions
- Management of treasury system, approve creation, deletion of static data
- Assist in electronic trade matching
- Prepare daily P&L summaries for Portfolio Managers through price verification, position reconciliation, and overall P&L analysis of the portfolio
- Actively monitor and analyze the portfolio for inaccuracies in the live pricing and risk
Qualifications for middle office analyst
- Ability to work shift work where needed
- Good writing skills, an ability to form cohesive and persuasive documents is a must
- Current progress towards or completion of a relevant postgraduate qualification
- Knowledge of market systems
- Programming in visual basic is a plus
- College degree in technical/analytical field or Finance