Structured Products Middle Office Analyst Structured Products Middle Office Analyst …

Alexander Mann Solutions (Contingent)
in London, England, United Kingdom
Contract, Full time
Last application, 23 May 20
Negotiable
Alexander Mann Solutions (Contingent)
in London, England, United Kingdom
Contract, Full time
Last application, 23 May 20
Negotiable
SPMO are recruiting a self-motivated individual to join the team to provide support for existing deal stock as well as managing new business across all the related Business lines. The role will demand building close working relationships with the Front office, Risk, Legal, Finance as well as other Middle office and Back office personnel.

Alexander Mann Solutions (AMS) is the world's leading provider of Talent Acquisition and Management Services. We deliver award-winning solutions to over 65 outsourcing clients and consulting services to hundreds more. Our Contingent Workforce Solutions (CWS) service acts as an extension of our clients' recruitment team and provides professional interim and temporary resources.

Our investment banking client has been present in the UK for more than 150 years, they're a long-term partner to British business. Today, the Group is formed of 10 divisions and employs 9,300 staff based in 21 core locations right across the country. Their role is simply stated: help clients achieve their goals by combining local know-how and global reach. In so doing, they seek to make a positive, sustainable contribution to both the UK economy and society.

On behalf of this organisation, AMS are looking for a Structured Products Middle Office Analyst for an initial 3 month contract based in London.

Purpose of the Role:

The Structured Products Middle Office (SPMO) is part of our client's Middle Office of Global Markets Operations, with the main mandate to support the Structured Credit front office team. The team supports a portfolio of complex transactions to ensure that each of them is systematically represented and that all events (coupon payments, substitution, restructure, credit events etc…) during the life cycle of the transactions, are properly processed.

SPMO are recruiting a self-motivated individual to join the team to provide support for existing deal stock as well as managing new business across all the related Business lines. The role will demand building close working relationships with the Front office, Risk, Legal, Finance as well as other Middle office and Back office personnel.

As a Structured Products Middle Office Analyst you will be responsible for:

  • Co-ordinate settlement of new structures with various parties, both internal and external.
  • Verifying deals are correctly represented in the bank's systems and that they conform to all legal documentation terms.
  • Ensure appropriate records of the transactions are kept and saved.
  • Set up and ensure appropriate controls are in place for the entire life of the transaction.
  • Produce transaction specific documentation for each deal highlighting any booking feature or control to be performed for the complete life cycle of the transaction.
  • Opening and closing accounts, and running reports where necessary
  • Perform waterfall processes or roll date settlements as and when required
  • Nostro break investigation and resolution.
  • Solving issues and answering various queries.
  • SPV invoice tracking
  • Collating Management information and distributing to interested parties
  • Work closely with other Operational areas to ensure existing deal stock is being correctly represented especially for non-standard bookings.

What we require from the candidate:

  • Ideally previous investment banking experience, in an Operations role, with knowledge of Fixed Income products (Bonds, IRS, CDS, Repo etc) and how they are booked, settled and reported.
  • Some understanding of structured products
  • Very good PC skills (including strong Excel skills)
  • A strong knowledge of how the Fixed Income business is organised: relationship between the Middle office and other Functions such as Front Office, Legal, Risk, Back Office and Finance.
  • An understanding of settlement and P&L is important, and accounting skills would be helpful.
  • Some project experience is an advantage.

If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course.

Alexander Mann Solutions, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business

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