A Global Investment Bank are currently looking for a Credit Middle Office Analyst with bonds experience for a 6 month initial contract.
The role is based in Liverpool street and they offer a hybrid working which is 3 days in the office per week. The rate for the this will be £320 per day umbrella.
The ideal candidate will have experience within a Middle Office, Trade Support or Operations function within an investment bank, with exposure to bond products, trade lifecycle management and post-trade processes. Experience with allocations, CTM matching and fixed income products would be highly advantageous.
The Sales Middle Office team acts as a key support and control function for the Global Markets Sales desks. The team’s primary responsibility is to ensure the timely and accurate processing of trade capture, amendments, cancellations, validations, allocations and lifecycle events across Front Office systems.
Working closely with Sales, Trading, Finance, Risk, Technology and Operations teams, you will be responsible for ensuring trades are correctly booked, controlled and processed throughout their lifecycle. You will also investigate operational issues, support client queries and contribute to ongoing process improvement initiatives.
This role offers the opportunity to work across Fixed Income and Money Market products while supporting key regulatory, control and business change initiatives. You will also participate in projects relating to operational efficiency, new business development and regulatory changes.
Key Responsibilities
Trade Processing
- Handle trade amendments, cancellations, splits, conversions and validations
- Ensure timely and accurate booking of transactions within Front Office systems
- Monitor and support lifecycle events across bonds and repo products
- Investigate and resolve trade capture issues and booking discrepancies
- Liaise with Front Office and Operations teams to ensure correct trade processing
- Support resolution of trade exceptions and control breaks
Position & Allocation Management
- Monitor bond and repo positions through the sales blotter
- Investigate and resolve position discrepancies
- Process client allocation requests
- Resolve allocation-related issues and matching exceptions
- Support allocation processing through DTCC CTM and related market platforms
Fails Management & Reconciliations
- Assist with the investigation and resolution of settlement fails
- Perform reconciliations between trading systems, risk platforms and electronic venues
- Investigate breaks and work with relevant stakeholders to achieve resolution
- Escalate issues where appropriate and ensure timely follow-up
- Maintain strong operational controls and risk awareness
Client Service & Sales Support
- Act as a key point of contact for post-trade client queries
- Provide support to Sales desks regarding booking and operational issues
- Investigate and resolve internal and external client enquiries
- Build strong relationships with counterparties and operational contacts
- Represent the bank professionally with external stakeholders
Control & Risk Management
- Execute daily control procedures
- Ensure compliance with operational and governance requirements
- Identify and escalate potential operational risks
- Maintain accurate documentation of control activities
- Support internal and external audit requests
- Assist with incident management and issue resolution processes
Projects & Continuous Improvement
- Participate in process improvement initiatives
- Support implementation of regulatory and business change projects
- Assist with new business and product initiatives
- Contribute to efficiency and automation opportunities
- Support departmental project work as required
Required Skills & Experience
- Previous experience within Middle Office, Trade Support or Operations
- Exposure to Fixed Income, Credit or Bond products
- Strong understanding of the trade lifecycle
- Experience investigating trade breaks and operational issues
- Strong Excel skills
- Excellent communication and stakeholder management abilities
- Strong analytical and problem-solving skills
- Ability to work under pressure in a front-office-facing environment
- High attention to detail and strong risk awareness
Desirable
- Experience with DTCC CTM and ALERT
- Fund allocation experience
- Primary issuance or syndication workflow exposure
- Knowledge of Murex, Orchestrade or Omega
- VBA skills
If you have the suitable experience for this vacancy, APPLY NOW and we will be in touch.
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