At a Glance
- Tasks: Join as a Middle Office Financial Analyst, managing credit administration and reporting tasks.
- Company: The Adecco Group is a leading workforce solutions provider, promoting inclusivity and diversity.
- Benefits: Enjoy hybrid working, flexible hours, and a supportive work environment.
- Why this job: Gain valuable experience in banking while contributing to impactful financial projects.
- Qualifications: Analytical skills, banking knowledge, and proficiency in Excel are essential.
- Other info: This is a 12-month contract with potential for extension.
The predicted salary is between 36000 - 60000 £ per year.
Middle Office Financial Analyst
12 Month Contract (Initial)
London
Hybrid Working
The Adecco group is part of Adecco Workforce Solutions (AWS). We put expertise, energy, and enthusiasm into improving everyone\’s chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.
We are happy to be recruiting for one of our high-profile banking clients. They are currently looking for a Middle Office Financial Analyst to join them for an initial 12 month contract, however there may be scope for extension.
Role Purpose:
- Administer of JVCo Programmes JVCO, TLB and NAV
- Administer certain tracking and reporting aspects associated with the Securitisation business portfolio i.e., tracking of internal credit monitoring requirements, compliance certificates, reconciliations.
- Assist producing data / reports for regulatory requests, internal audit, external audit, and others
Accountabilities & Responsibilities:
- Credit administration for JVCo Programme\’s (JVCo 1,2,3, NAV and TLB) including:
- Update booking spread sheet for JVCo Programme and reconciliate with reports produced by external Service Providers and generate reports to SPD management and Head Office departments
- Support Origination Group 1 (\”OG1\”) and Origination Group 2 (\”OG2\”) in managing the JVCo Programme by performing periodic reviews and Credit Monitoring, preparing parts of Credit Application, and assisting execution of new transactions
- Support credit administration for Securitisation business transactions
- Prepare and submit periodic reporting to SPD management and Head Office
- Assist preparation of Credit Application and Credit Monitoring
- Control due dates for Credit Monitoring and responses to Instructions and Conditions
- Assist producing data / reports for regulatory requests, internal audit, external audit, and others
- Collaborate with other departments including CDED, PDED, OAD, RMD, and others whenever needed
- In addition to the above responsibilities, the staff member will assist in essential functions of Planning & Internal Control Group where the Group Head or Management deem necessary.
Knowledge, Skills & Experience:
- Proven analytical skills set; rating agency background or previous experience as part of a structuring team at a major bank is a plus
- Experience as the middle office worker in Banking business
- Basic knowledge in banking business including LBO, Real Estate Finance, Subscription Secured Finance, Securitisation businesses and Net Asset Value Finance
- Intermediate skill in Microsoft Excel, Word, and PowerPoint
- Awareness and understanding of European financial market and business
- Ability to work and deliver under pressure and versus short deadlines occasionally under certain market condition
- Good communication and inter-personal skills to interact with members inside and outside of SPD
- High attention to detail and accuracy. Ability to audit own work
- Ability to work and deliver under pressure and versus short deadlines occasionally under certain market condition
- Experienced in repack structure trust or SPV is also ideal
Location:
This is a hybrid working role, with a requirement to work from the clients London office 2-3 days a week.
Working hours :
Standard working hours with some flex where required.
If you feel that this is a role that would suit you then please apply today.
If you do not hear from us within 48 hours of your application, please assume that you have been unsuccessful on this occasion.
The Adecco Group is an equal opportunities company
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Middle Office Financial Analyst employer: Adecco UK
Contact Detail:
Adecco UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Middle Office Financial Analyst
✨Tip Number 1
Familiarise yourself with the specific responsibilities of a Middle Office Financial Analyst, especially in relation to credit administration and reporting. Understanding the nuances of JVCo programmes and securitisation will give you an edge during discussions.
✨Tip Number 2
Network with professionals in the banking sector, particularly those who have experience in middle office roles. Engaging with them can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Brush up on your Excel skills, as intermediate proficiency is required for this role. Consider taking online courses or tutorials that focus on financial modelling and data analysis to enhance your capabilities.
✨Tip Number 4
Stay updated on the latest trends and regulations in the European financial market. This knowledge will not only help you in interviews but also demonstrate your commitment to the industry and the role.
We think you need these skills to ace Middle Office Financial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of a Middle Office Financial Analyst. Emphasise your analytical skills, knowledge of banking, and any experience with credit administration or securitisation.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the job description. Mention your understanding of the role's requirements, such as credit monitoring and reporting, and how your background makes you a suitable candidate for this position.
Highlight Relevant Skills: In your application, clearly outline your proficiency in Microsoft Excel, Word, and PowerPoint, as well as your ability to work under pressure. Provide examples of how you've successfully managed deadlines in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Attention to detail is crucial for this role, so ensure your application reflects that quality by being free from typos and grammatical mistakes.
How to prepare for a job interview at Adecco UK
✨Showcase Your Analytical Skills
As a Middle Office Financial Analyst, strong analytical skills are crucial. Be prepared to discuss specific examples from your past experiences where you successfully analysed data or solved complex problems, particularly in a banking context.
✨Demonstrate Knowledge of Banking Concepts
Familiarise yourself with key banking concepts such as LBO, Real Estate Finance, and Securitisation. During the interview, confidently reference these terms and explain how they relate to the role, showcasing your understanding of the industry.
✨Prepare for Technical Questions
Expect technical questions related to credit administration and financial reporting. Brush up on your knowledge of credit monitoring processes and be ready to discuss how you would handle specific scenarios that may arise in the role.
✨Highlight Your Attention to Detail
Attention to detail is vital in this role. Prepare to provide examples of how you've ensured accuracy in your work, whether through auditing your own reports or implementing checks to maintain high standards in your outputs.