Client Details
The employer is a respected organisation within the financial services industry, known for delivering specialised pbanking and payment solutions to its clientele. As a medium-sized company, it is committed to providing high-quality services and fostering a professional and collaborative work environment.
Description
The Senior Analyst, Middle Office plays a critical role in ensuring the accurate and timely processing, control, and oversight of post-trade activities across multiple asset classes. The role holder is responsible for the daily execution and control of transaction reporting obligations, bond and derivative settlements, and collateral management activities, ensuring full compliance with internal policies, regulatory requirements, and market best practice.
The role requires strong technical knowledge of trade lifecycles, settlement processes, and regulatory reporting frameworks, alongside the ability to identify, investigate, and resolve exceptions efficiently. The Senior Analyst will work closely with Front Office, Operations, Finance, Risk, and external counterparties to ensure trades are processed accurately, risks are mitigated, and operational integrity is maintained.
As a senior member of the Middle Office function, the role holder is expected to act as a subject matter expert, providing guidance to colleagues, contributing to continuous improvement initiatives, and supporting a strong control environment across all assigned processes.
Transaction Reporting & Regulatory Controls
Perform daily processing, validation, and submission of transaction reporting in line with applicable regulatory requirements (e.g. EMIR, MiFID, SFTR where applicable).
Ensure completeness, accuracy, and timeliness of reported data, investigating and resolving reporting breaks, rejections, and reconciliations.
Maintain strong controls and evidence to support regulatory compliance and audit requirements.
Support ongoing enhancements to transaction reporting processes, controls, and documentation.Bond, Repo and Derivative Settlements:
Manage the end-to-end settlement process for bond, repo and derivative transactions, ensuring timely and accurate settlement in accordance with market conventions and contractual terms.
Monitor settlement status, investigate and resolve fails, and escalate issues where required to minimise financial and operational risk.
Liaise with counterparties, custodians, and internal stakeholders to resolve settlement issues efficiently.
Ensure settlement instructions and static data are maintained accurately and in line with agreed controls.Collateral Management
Perform daily collateral management activities, including margin calculations, margin calls, confirmations, and dispute resolution.
Monitor collateral movements and exposures to ensure compliance with contractual and regulatory requirements.
Reconcile collateral balances and investigate discrepancies in a timely manner.
Maintain accurate records and reporting relating to collateral positions and movements.Controls, Risk & Governance
Operate within a strong control framework, proactively identifying operational risks and control weaknesses.
Support internal and external audits, regulatory reviews, and ad-hoc information requests.
Ensure procedures, controls, and process documentation are kept up to date and adhered to.Stakeholder Engagement & Continuous Improvement
Act as a key point of contact for Front Office, Risk, Operations, Finance and external parties on Middle Office processes.
Provide guidance and support to junior team members, acting as a point of escalation where required.
Identify opportunities for process improvement, automation, and efficiency gains, contributing to the ongoing development of the Middle Office function.
Profile
A successful Middle Office Senior Analyst should have:
3 years + experience in a Middle Office, Transaction Reporting or similar role within Banking Operations
Strong working knowledge of trade lifecycles, settlement and confirmation processes, operational risks and controls
Prior exposure to Transaction Reporting, Bond/Fixed Income settlements and/or Repos would be a distinct advantage
Familiarity with Interest Rate and FX Derivatives and Collateral Management desired, but not essential
Demonstrated experience in taking ownership, improving processes and adopting a proactive approach to your work and professional growth/development
Job Offer
Excellent Finsncial Services and Banking industry candidate
Competitive salary between £50,000 and £55,000 per annum, plus bonus
Comprehensive benefits package
Hybrid working - 3 days per week in office
City of London location
Opportunity to work in a well-established organisation within the financial services industry.
Permanent position based in London with a professional and collaborative company culture.If you are a skilled Middle Office Senior Analyst ready to contribute to a growing team in the financial services industry, we encourage you to apply today
Salary description
£50000.00 - £55000.00 per year