CIB-Middle Office Job Description
Cib-middle office
provides leadership and direction while managing and overseeing the following US CIB Global Markets Compliance teams: Fixed Income Currencies and Commodities, Equities, Prime Solutions, Regulatory Change Management, Governance & Controls.
CIB-Middle Office Duties & Responsibilities
To write an effective cib-middle office job description, begin by listing detailed duties, responsibilities and expectations. We have included cib-middle office job description templates that you can modify and use.
Sample responsibilities for this position include:
Liaison with traders to ensure accurate input of trade details, reconcile trade blotters to trading systems, ensure P&L and positions are correct
Proactively identify issues/gaps within the processes and offer solutions to close the gaps
Ensuring that all front-to-back flows are well understood and appropriate controls are in place
Timely completion of all incumbent processes within relevant deadlines and SLAs
Responsibility for T+0 trade matching and blotter checks to facilitate accurate and efficient trade capture of large volumes of Interest Rate, Credit, FX and Bullion transactions
Monitoring client eligibility, credit and interest rate risk, intraday portfolio flatness
Completing End of Day checklists, highlighting and escalating issues to Regional Control Heads and Client Service teams, as appropriate
Analysing and substantiating T+1 P&L in collaboration with Product Control
Providing a global support model, with follow-the-sun coverage to the Client Service Delivery teams in Singapore, London and New York
Ensuring all lifecycle events are appropriately recorded, monitored and processed in accordance with direction of trading clients
CIB-Middle Office Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for CIB-Middle Office
List any licenses or certifications required by the position: PM, SOC2, SOC1
Education for CIB-Middle Office
Typically a job would require a certain level of education.
Employers hiring for the cib-middle office job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Economics, Education, Accounting, Ethics, MBA, Management, Computer Science, Business/Administration
Skills for CIB-Middle Office
Desired skills for cib-middle office include:
Fixed Income and Commodity derivative products
International / DTC markets
Investment banking will be an added advantage
Derivatives/Fixed Income and Equities spaces
Both waterfall and “Agile” techniques
Derivatives and cash products
EDG products
End to end infrastructure
Equities & Fixed Income Markets and general trade lifecycle
Global markets and settlement practices
Desired experience for cib-middle office includes:
Multithreading design and environment
Experience on C on UNIX
Experience in XML Messaging
Knowledge of GUI Development – Microsoft / Java technologies
Knowledge of CMM best practices
Familiarity with Source Code control concept and some of the popular tools (Perforce, Clear case, Subversion)
CIB-Middle Office Examples
1
CIB-Middle Office Job Description
Job Description Example
Our innovative and growing company is looking for a cib-middle office. 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 cib-middle office
- Ensuring swift and professional resolution of queries accompanied with adequate level of detail
- Offering ideas and solutions for process enhancements that enable greater control
- Ensuring that processes are under constant scrutiny and opportunities to improve efficiency and/or performance are identified and acted upon
- Assisting with the implementation of new products, strategic systems and applications, participation in UAT, giving feedback and highlighting any issues
- Owning and resolving exceptions and breaks raised by front-to-back departments that support the business
- Liaising with various business partners across the bank, such as IT teams, client service, back office and global middle offices
- Implementing industry and regulatory initiatives by participating in internal working groups and/or external market forums
- Undertaking compression opportunity analysis and participation in market-wide compression cycle management, weekly ICE Dealer Compressions
- Participating in industry-wide Default Management Processes such as scheduled LCH Fire Drills
- Collating and analysing data for Management Reporting and weekly review meetings
Qualifications for cib-middle office
- Help to develop the Middle Office team as a key source of competitive advantage for the TS EMEA Banks & Broker Dealers franchise
- Develop the skill set, credibility, and contact network required to assume a supervisory role in the team
- Work with Sales and Product teams to ensure that new pricing requests are processed, approved, recorded and implemented appropriately
- Manage the ongoing de-risking of the EMEA TS Portfolio which involves close partnership with Sales, Client Services, Legal , Compliance, GCB (Global Corporate Bank) and the CIB CAO
- Partner with Finance to ensure active clients have appropriate TSM (Treasury Sales Manager) coverage
- Support the Sales team with managing the approval process for any compensating controls or exceptions for KYC (Know Your Customer) records
2
CIB-Middle Office Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of cib-middle office. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for cib-middle office
- Design, optimize and build control frameworks around new and existing tasks undertaken by the Sales team
- Work with Sales and Product teams to identify new procedures that would benefit from migrating to the Middle Office team
- Work with Client Services and other functional groups to identify existing procedures that can be transitioned away from the Middle Office team
- Maintain the SOPs (Standard Operating Procedures) for all processes
- Support the Sales team on various ad-hoc project and initiatives
- Collaborate across the regions/client segments to leverage other best practices that have been developed elsewhere and to share best practices developed in region
- Ensure all inquiries, issues and requests are documented and analysed
- Provide effective service plans in conjunction with key quality service level indicators
- Strategic overview of client related projects and manage client change requests
- Participate in the day to day operations of liaising with client and/or salesperson to establish trade allocations, ensuring the risk is properly captured in our internal systems and escalating any issues to Sales and Trading
Qualifications for cib-middle office
- Serve as liaison across the team to collate, track and facilitate resolution of trending client issues
- Extensive interaction with Clients, Front Office, Compliance, Business Management, Legal, Credit & Reference Data various Operations and Technology teams to resolve issues
- Continuously seek feedback on opportunities for improvement, and provide feedback to FO staff where their own processes should be improved
- Identify opportunities to improve the product workflows & the quality of service delivered to clients
- Account discrepancy management
- Serve as a liaison between front office and all global teams
3
CIB-Middle Office Job Description
Job Description Example
Our innovative and growing company is hiring for a cib-middle office. 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 cib-middle office
- Assisting multiple DCM/ECM syndicate desks in monitoring trade bookings and DCM/ECM trading books
- Analyzing deal-related fees, expenses and cash flows
- Partnering closely with multiple internal areas including trade support, settlements, legal, investment banking, business managers, finance and traders
- Working with multiple external parties including issuers, clients, external legal counsel, regulators, CSDs and peer banks
- Enabling clients and users onto various e-Trading platforms
- Validation and Query management of trades executed via e-trading platform
- Manage and oversee the Custody Middle Office teams in US based out of Brooklyn, NY
- Face off the Custody Product/Business, Custody Client Service & Custody Clients in US
- Partner with Product Development and Technology to help automate/streamline operations processes which help enhance client experience and build scalability into the business
- Senior escalation contact for all client relationships in US for Operations issues
Qualifications for cib-middle office
- Identify opportunities to improve existing processes and procedures
- The ideal candidate will have middle office or operations experience and be familiar with equities or fixed income products
- As part of the Middle Office function, you should possess strong problem solving skills and the propensity for critical thinking with the ability to make crucial time pressured decisions
- You should have the ability to work on your own and as part of a team possessing the confidence to challenge the status quo
- Graduate qualification preferred
- A thorough knowledge of Derivative and FX products
4
CIB-Middle Office Job Description
Job Description Example
Our growing company is looking to fill the role of cib-middle office. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cib-middle office
- Ability to develop and coach people across all levels in the organization
- Support the CPG Trading desks (CPT) across multiple products and risk management systems
- Ad-hoc Validation and Query management of trades executed via e-trading platform
- Supporting the custody operations and client reference data teams by supervising the day to day reconciliation activities
- Data analysis and identifying trends to improve internal transactional processes
- Reconciliation management oversight and governance reporting
- Establishing and maintain project governance over FSMO implementations
- Ensuring timely communication of metrics and status of projects or initiatives
- Provide support on incidents and associated issue resolution as and when required
- Deliver projects and participate on MO initiatives
Qualifications for cib-middle office
- Acting as an escalation point for any high risk corporate action events for other Middle Office teams
- Liaising with clients to explain complex/technical mechanics involved in a corporate action
- Proactively identifying & resolving processing model gaps & inefficiencies whilst ensuring a globally consistent operating model
- 5+ years end to end corporate actions experience either through a Prime Broker or Custodian with a focus on operations & client service
- Fluency in Asian language (close to native level Korean, Japanese or Mandarin) is a MUST
- Who works well with others and is a good team player
5
CIB-Middle Office Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of cib-middle office. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for cib-middle office
- Be an integral part of the Middle Office Management Team
- Build strong relationships with Hubs with a view to partnering to deliver operational change to maximise client experience
- Build strong relationships with clients and become a trusted partner who understands the clients business drivers so that client experience is enhanced
- Build a strong team through talent succession and training
- Provide a first class service to JP Morgans clients by taking complete ownership of the end to end client and manage the clients well around operational tasks
- Manage and prepare client and internal MI
- Work closely with Client Service on the outstanding actions on issues logs and influence positive outcomes
- Act as escalation point to resolve issues
- Help senior management team achieve site goals
- Work with Product, Technology & Hubs to deliver change
Qualifications for cib-middle office
- Proven track record in business process improvement related project delivery
- Understanding of credit derivative products and 2003 and 2014 ISDA Credit definitions (Desirable)
- Flexible approach to undertake MO projects
- French and or German language skills would be considered highly desirable
- Trade Settlement Knowledge
- Business level of oral & written communication both in Japanese and English