Middle Office Manager

  • market rate
  • London, England, United Kingdom
  • Permanent, Full time
  • The Emerald Group
  • 23 Sep 16

My client is looking to hire a manager into their middle office team.

My client is currently recruiting a Middle Office Manager to join their team in London. The role’s primary responsibility is to take ownership of a number of Middle Office tasks and support the Head of Investment Operations in running the Middle Office team.
Being uniquely positioned within the business, the Middle Office team works in a demanding and dynamic environment. Acting as the operational support for the Portfolio Management team, the Middle Office provides a fantastic opportunity to work in a fast paced multi-asset fund-of-fund management firm. Acting as the operational support and trade execution conduit for the Portfolio Management team, the Middle Office provides a fantastic opportunity to gain a first-hand look at the investment process, which assists in developing a holistic knowledge around the end-to-end investment process.
The role would be ideal for someone who is adaptable and flexible with a can do attitude, who is looking for an opportunity to drive the development of an increasingly integral area of a rapidly growing business. From day one, the successful candidate will take on the responsibility for a variety of functions that include trade support, treasury and performance & portfolio analysis.
About the Role
 Develop and manage relationships with external service providers, including underlying managers and custodian.
 Act as the line manager for individuals within the team
 Processing and oversight of the daily trade order management, including processing, settlements, record keeping, post trade audit settlement and query management.
 Oversight of the current and projected cash balances, including currency hedges.
 Assist Senior Risk Manager with performance analysis and the calculation of risk metrics.
 Perform daily reconciliations of portfolio cash and security holdings.
 Oversight of client and fund transaction analysis.
 Ownership of monthly and quarterly reporting tasks across a range of client solutions.
 Ensure that regulatory requirements are met, including management of the submission of any periodic reporting.
 Input to on-going departmental initiatives
 Work with project teams to support and implement re-engineered and integrated business processes and infrastructure to meet the needs of internal clients.
 Working directly with various internal and external stakeholders (custodians, fund accountants, sub-managers)
About you
As a Middle Office Manager your skills and qualifications will ideally include;
• The likely candidate will have 5 years + experience in an asset management or investment administration (or an allied industry)
• Experience in a middle office role
• Experience working with fund-of-funds is highly desirable
• Experience with order management systems (particularly Charles River) highly desirable
• Knowledge of all major asset classes & investment structures
• Knowledge and experience of fund trading and settlement processes
• Experience with Fund of Funds/ Multi Manager platforms is highly desirable
• Excellent numerical ability and analytical skills, with high attention to detail and accuracy
• Ability to translate analysis into client-friendly material
• Strong computer skills, with advanced skills in Excel and Word (Bloomberg useful) – demonstrable ability to work with, and manipulate, large data sets
• Experience with the various methods of investment performance calculations
• Excellent communication skills, both verbal and written
• Strong interpersonal skills with proven ability to build and maintain working relationships with both internal and external clients
• Ability to independently manage projects and meet deadlines with minimal supervision
• Strong organizational, analytical, and quantitative skills
• Detail-oriented and ability to multi-task
• Superior written and verbal communication skills
• Strong interpersonal skills, team-oriented and professional demeanour
• Comfortable working in a highly demanding environment
• Must have a proactive attitude
• University degree
• Investment qualification(s) useful