Middle Office Associate with Credit Hedge Fund - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

4 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

We are looking to speak with bright, analytical Middle Office professionals regarding an opportunity at one London's top credit hedge funds.

This firm, which manages $2bn+, hires the best talent in the industry.

The Operations team is London-based and consists of seven people. The team covers the front to back trade flow for the firm (from trade capture, through trade reconciliation to all trade management functions e.

g:
trade events; settlement; corporate actions;compression; collateral; and treasury).

The products traded include the followin

g:
bonds; CFDs; credit derivatives.

Principal Responsibilities include, but are not limited to:

Supporting execution traders across the full trade lifecycle
Trade compression for cleared CDS and blended compression for cleared IRS trades in order to reduce counterparty margin exposure and allow efficient rolls process
Implementation of upcoming corporate actions including trade bookings and where necessary counterparty dispute resolutions
Cash management reconciliation between cash/custody accounts and administrator
Treasury and collateral management
Ensuring that the business is properly and securely controlled and risks are hunted out, and, where necessary, managed and mitigated or removed.
Building and maintaining close relationships with various inhouse teams, in particular the front office, risk and fund accounting, as well as a multitude of counterparties and vendors
Support of front office for all trading related operational issues

Qualifications/Skills Required:

Bachelor's degree in a numerical field
Experience working in Operations / Middle Office in either a Hedge Fund or Investment Bank
Strong communication skills
Adept user of MS Excel, particularly with regard to VBA