Middle Office Operations Analyst

About the role

The Middle Office Operations Associate, will play a critical role in supporting daily operational processes across the trade lifecycle, including trade settlement, reconciliation, and cash management for diverse fund types across multiple custodians. This individual will be expected to bring a strong understanding of equity, derivative, and fixed income products, ensuring accurate and efficient trade execution and post-trade operations. The role demands a professional with close attention to detail and the ability to assist in optimizing trading workflows.

What you'll do

• Ensure that daily trading operations run smoothly, including support for derivative and cross-asset trading, managing collateral, and cash management activities.
• Ensure efficient and timely securities clearing, settlement, and reconciliation processes.
• Monitor trading workflows and enhance operational efficiency to minimize risk and errors.
• Ensure all trades are accurately recorded in relevant systems and that all discrepancies are promptly addressed.
• Collaborate with traders, portfolio managers, and back-office teams to ensure alignment in trading strategies and processes.
• Conduct regular reviews of trading systems, processes, and procedures to ensure compliance with internal policies and regulatory requirements.
• Manage cash flows and liquidity requirements to support trading activities.
• Develop and implement best practices for accounting, reporting, and reconciliation of trading activities.
• Analyze trade data and prepare reports to inform decision-making and optimize trade performance.
• Maintain up-to-date knowledge of market regulations, trading technologies, and financial products.
• Participate in the development and maintenance of trading team procedures documentation.
• Work closely with internal and external partners to ensure accuracy and transparency in reporting and reconciliation.

Qualifications

• Minimum of 3+ years of experience in the brokerage and/or financial advisory industries, with a solid working knowledge in derivatives, fixed income products, and securities clearing.
• Bachelor’s degree in Finance, Accounting, Economics, or a related field is preferred. An advanced degree or relevant certification (e.g., CFA, CPA) is a plus.
• Solid understanding of derivative trading, fixed income products, cash management, and clearing processes. Proficient in Excel and other Microsoft Office applications.
• Strong grasp of accounting principles, particularly in relation to trading and financial transactions.
• High degree of accuracy and thoroughness in managing trading operations and handling large volumes of financial data.
• Ability to quickly identify issues, analyze data, and implement effective solutions.
• Excellent verbal and written communication skills for collaborating with multiple custodial and fund accounting partners and presenting reports.
• Proven ability to work in a collaborative team environment while driving process improvements.

Preferred Qualifications

• Experience with trading platforms, order management systems (OMS), and post-trade processing.
• Familiarity with regulatory requirements related to trading activities.
• Experience working in a high-paced, deadline-driven environment.

We are prioritizing candidates who are located within proximity to Chicago, IL and New York