Middle Office- PnL Analyst
Job Title: Middle Office Analyst- PnL & Valuation
Location: Chicago, IL (on-site)
Salary: $110k-$125k + bonus
Summary:
This is an exciting opportunity to join a newly established Trading Operations Middle Office team at a leading high-frequency trading firm, where you will support multiple trading desks and help enhance operational workflows. Partnering closely with traders and software engineers, you will be responsible for accurate P&L calculation, analysis, and reconciliation across middle and back office functions. The ideal candidate will have experience in a high-frequency trading environment and strong communication skills, as the role involves regular interaction with cross-functional teams.
In this role you will be responsible for:
- Take ownership of and develop deep expertise in processes and workflows that support core trading desk operations
- Perform daily P&L calculation and substantiation, ensuring alignment between desk-level reporting practices and firm-wide standards
- Build proficiency in proprietary and third-party systems related to trade capture, inventory management, and P&L reporting
- Recommend and support enhancements to technology, processes, and workflows to improve efficiency and reduce risk
- Develop a strong understanding of traders' risk management tools and provide ongoing support for their needs
- Partner with technical teams to ensure proper operational support and implement process improvements
- Collaborate with business liaison teams to ensure accurate onboarding of new desks, traders, and products
The ideal candidate should have the following qualifications and skills:
- 3+ years of experience in middle or back office, with strong knowledge of derivative valuation
- Ability to analyze and navigate P&L across multiple asset classes
- Familiarity with databases and working with API-driven data preferred
- Bachelor's degree in Finance, Economics, or equivalent practical experience
- Demonstrated ability to independently solve problems efficiently
- Strong attention to detail and ability to perform repetitive tasks with consistency
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