Middle Office Analyst Job Description
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:
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:
Desired experience for middle office analyst includes:
Middle Office Analyst Examples
Middle Office Analyst Job Description
- 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
- 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
Middle Office Analyst Job Description
- 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
- 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
Middle Office Analyst Job Description
- 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)
- 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
Middle Office Analyst Job Description
- 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
- 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
Middle Office Analyst Job Description
- 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
- 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