Middle Office Senior Associate

This role is hybrid based in our Raleigh, NC office. Visa sponsorship will not be provided at this time.

About the role

As we continue through a period of growth, we're searching for future leaders who can make an immediate impact on our already successful team. We're seeking college graduates who are decisive, energetic, and self-starting. The Middle Office team performs trade support activities required by our hedge fund and private equity client base, including electronic trade/deal capture, confirmation/affirmation of activity, settlements, cash and collateral management, t+1 break resolution, technology development, and valuations processing.

This position typically exposes the candidate to a wide range of financial markets and tradeable products including highly complex derivative instruments. A successful candidate will assume considerable responsibility within six to twelve months, serving as the primary point of contact on client relationship(s), helping on-board new clients with the guidance of senior team members, and participating in cross-team projects.

Responsibilities

• Provide trade support for multi-billion dollar hedge funds where primary responsibilities include: trade capture, confirmation/affirmation, reconciliation, operational reporting, and ad-hoc client queries
• Assist in supporting esoteric OTC documentation process as well as our settlements process as needed
• Apply client-specific pricing affirmations to accurately value their portfolio
• Work with the client, internal teams, and brokers to ensure daily cash and position reconciliations are being completed efficiently to mitigate risk and meet client deliverables
• Monitor and process all product life-cycle events
• Institute innovative technological solutions to solve client requests in conjunction with our business development team

Requirements

• 2+ years of experience in a middle office, operations, or trade support role
• Industry platform knowledge is a plus: MarkitWire, DerivServ, Markit Trade Manager, TRM, Traiana Harmony, Bloomberg, DTCC/Icelink, PB Portals
• Exposure to various financial products (complex products a plus), including: Mortgage Backed, IRS, Swaptions, Basis Swaps, Variance/Volatility Swaps, FX Options, TRS, Futures, CDS, Equities, Options, Bonds/REPO’s
• Intermediate level of Excel is required
• Clear and persuasive communicators who can articulate their actions, identify root causes, and suggest improved ideas
• Desire to learn and embrace new technology