Middle Office Operations Associate
Job Description
Position Overview
Division: Global Markets Division - FICC Operations
Team: Interest Rate Product Sales and Trading Services
Duration: 6 months with the possibility of extension
Operations Role:
Partner with various firm areas to deliver banking, sales, trading, and asset management services.
Provide risk management and control, preserving and enhancing firm’s assets and reputation.
Develop foundational processes and controls for business flow.
Specific Responsibilities:
Intraday processing and exception management of trade breaks for Interest Rate Derivatives.
Perform operational reconciliations to ensure successful trade flow and books and records balancing.
Work with legal, compliance, and other teams to implement operational controls supporting Dodd-Frank regulations.
Execute projects for operational efficiency.
Collaborate with regional offices in London and Asia.
Impact on Your Career
Gain market, event, and product knowledge.
Opportunity to interact with institutional clients, sales & trading desks, technology, and other business partners.
Solve complex problems and influence change.
Broaden product and market expertise.
Develop management skills and exposure to senior stakeholders.
Career progression opportunities with development tools like University courses and Feedback 360+ review process.
Desired Skills & Experience
Communications:
Identify objectives and offer strategic vision.
Communicate effectively across all organizational levels.
Understand complex situations and communicate solutions to senior leadership.
Develop strong relationships with stakeholders.
Functional & Technical Expertise:
Drive strategic change with operational expertise.
Robust financial industry knowledge and willingness to broaden skill sets.
Strong analytical skills for understanding workflows and resolving issues.
Effective time management, prioritization, and delegation.
Innovation:
Define, review, and execute FICC Operations Strategy.
Enhance control environment through business intelligence initiatives.
Proven track record in delivering change and evolving processes.
Foster a culture of innovation and leverage new technologies.
Client Focus:
Identify client needs and optimize operational efficiency.
Handle difficult requests and build long-term client relationships.
Balance client outcomes with firm’s interests.
Coach others on client focus.
Risk Management:
Provide effective oversight of key Interest Rate Derivatives functions.
Challenge existing risk and control framework.
Manage operational risks and develop control enhancements.
Articulate firm-wide risk impact of business decisions.
Guide on risk and control perspective for new products, business, and migrations.
Preferred Qualifications:
Keep current with emerging business, economic, and market trends.
Persist in the face of obstacles and setbacks.
Strong team player who collaborates and encourages team participation.
Forward-thinker who plans for contingencies and identifies clear objectives.
Develops practical and creative solutions to improve processes.
Influences outcomes with persuasive rationale for ideas.
DETAILS AT A GLANCE
JOB TITLE: Middle Office Operations Associate
TIME COMMITMENT: Full-time
JOB TYPE: Temporary
Start Date: ASAP
Duration: 6 months with the possibility of extension
LOCATION: NYC (100% Onsite)
ASSOCIATED LOCATION: Remote
SALARY: $24.00 - $27.00 per hour
START DATE: ASAP
APPLICATION DEADLINE: ASAP
BNA RECRUITER: Kevin Culleton Jr.
HOW TO APPLY: Click on the apply button, fill out the form and upload your resume.
Please make sure to reference the job title and the BNA Recruiter Name.
This role is a TEMPORARY position through BNA. You would be employed and paid by our company and working directly with our client.