FINANCIAL SERVICES RECRUITMENT

LONDON | NEW YORK

JOB SUMMARY

Credit and Rates Middle Office / Portfolio Optimisation Analyst

My Client, a leading Investment Bank, is looking to recruit a credit / rates middle office candidate to work in a dynamic, fast paced team with a key focus on the portfolio optimisation process in particular, working with multiple senior Front Office stakeholders globally on a daily basis in order to meet demanding business' objectives.

JOB TEXT

Credit and Rates Middle Office / Portfolio Optimisation Analyst

My Client, a leading Investment Bank, is looking to recruit a credit / rates middle office candidate to work in a dynamic, fast paced team with a key focus on the portfolio optimisation process in particular, working with multiple senior Front Office stakeholders globally on a daily basis in order to meet demanding business' objectives.

The role sits within middle office and forms part of a relatively new Business Resource Optimisation team working closely with the BRM trading desk in reducing the companies various balance sheet resources, risk exposures & capital requirements. The team provide the BRM desk with an operational processing and control service, performing numerous risk reducing exercises such as CCP backloading, novation's and compression.

The role will be split 50% traditional Middle office duties, providing daily support for the BRM desk consisting of 14 traders, including trade verification, daily PnL, adhoc query resolution and the other 50% will be self-initiated compression work and project involvement - so this person needs to be a real self-starter, driven and self-motivated.

Key Responsibilities:

* Work closely with the Business Resource Management to process Portfolio Optimisation exercises across Credit and Rates on an ad-hoc basis including:
o CCP Coupon Blending.
o CCP Portfolio Transfers.
o CCP backloading.
o TriOptima / Quantile / CapitaLab vendor led compressions.
o Bilateral/Internal compressions.
o ICE Clear Europe compression cycle.
o Internal novation's.
o Book Optimisation.

* Manage multiple deadlines daily and be able to react to the BRM desk's changing. Strategy and priorities intra-week in a controlled manner.
* Lead across teams with Internal stakeholders to implement new types of Portfolio Optimisation, and continuously build out additional controls and efficiency changes.
* Co-ordinate Portfolio Optimisation processes across multiple trading desks across the globe.
* Ensure the company is globally compliant with EMIR, Dodd-Frank & JSCC regulation for trades impacted by Portfolio Optimisation processes.
* Self-identify Operational Risk and ensure these are escalated and documented internally, tracking any mitigating actions through the internal frameworks to closure.
* Provide daily support for the BRM desk consisting of 14 traders, including trade verification, daily PnL, adhoc query resolution.

Skills & Experience:

  • Knowledge of Credits or Rates.
  • Middle Office/Operations background ideally within a Trade Support team.
  • Ideally experience in performing Portfolio Optimisation processes and/or compression cycles.
  • Advanced Microsoft Excel skills.
  • Risk & control mindset.
  • Participation in project work for process improvement and automation.
  • Strong interpersonal skills, the role will require daily interaction with senior Front Office stakeholders globally.
A DIFFERENT APPROACH TO HUMAN CAPITAL MANAGEMENT
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  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Charles Levick
  • 2018-10-15