A multi-asset, strategy Hedge Fund spanning Volatility, Fundamental Equities, Quant, and Macro and Fixed Income is looking to onboard a Middle Office Specialist with a strong background in OTC trading products and associated settlement platforms spanning interest rate swaps, interest rate swaptions, CDS, CDX, CDX Options, futures & options & credit experience.
Responsibilities:
- Provide real-time support for OTC trading desks by confirming and validating trades accurately and promptly.
- Resolve trade discrepancies and discrepancies in a timely manner, collaborating with trading desks and counterparties.
- Confirm OTC trades with counterparties using platforms such as ICELink, MarkitWire, and/or Traiana to ensure all confirmations are accurate and complete.
- Perform daily reconciliations of trade positions, cash, and collateral with counterparties and internal systems.
- Investigate and resolve any breaks or discrepancies in a timely manner.
- Collaborate with trading desks, counterparties, and the Treasury department to optimise collateral usage and mitigate risks.
- Work closely with risk management teams to ensure accurate reporting and monitoring of market, credit, and operational risk associated with OTC trading products.
- Identify opportunities for process improvements and automation to enhance operational efficiency.
- Collaborate with cross-functional teams to implement changes and optimise workflows.
Qualifications:
- 3 years' experience within Middle Office Operations focusing on OTC Trading Products, settlements and paltforms.
- Strong understanding of trade life-cycle, confirmation, settlement and reconciliation prcoesses.
- Experience covering interest rate swaps, interest rate swaptions, CDS, CDX, CDX Options, futures & options & credit experience.
