Middle Office Analyst - Investment Banking in London

DescriptionThe OpportunityA leading global investment bank is looking for an Associate to join the Structured Rates team within its Global Middle Office (GMO) in London on a temporary contract. You will provide trade management and first-line support to the Exotic Rates trading and structuring desks, working closely with experienced and senior Front Office stakeholders to manage risk and deliver the best outcomes for the business. About the TeamGlobal Middle Office controls and supports a broad range of trading desks and products. It is a dynamic, fast-paced and collaborative environment with direct exposure to senior management, and the function is committed to building a best-in-class support and control capability in London. The Structured Rates Middle Office supports the Structured Rates, Vanilla Options and Quantitative Investment Strategies trading desks, which trade a full suite of complex interest rate trades and strategies. The team is central to all activity on these desks and works regularly with Trading, Structuring, Sales, other Operations teams, Product Control, Model Validation, Quantitative Analytics and Risk Management. Resolve queries and perform reconciliations promptly and accurately. Controls and GovernancePartner with Front Office, Risk, Finance, IT and Operations to make sure policies and controls are implemented and managed across the structured products businesses. Work with Front Office and other control functions to build control and governance frameworks for bespoke and developing business lines. Stakeholders and ChangeBuild and own key relationships with Front Office and other stakeholders, contributing to stakeholder governance forums to support business innovation and growth. Strengthen relationships across functions and with GMO teams onshore and offshore to build consensus and improve collaboration. Manage demand and prioritise effectively to deliver on both change-the-bank (CTB) and run-the-bank (RTB) commitments. Skills and ExperienceStrong knowledge of, and experience in, structured derivatives in at least one asset class, with the ability to understand complex financial products and structures. Experience in a middle office or equivalent control function. A deep understanding of investment banking products and processes, with a track record of process improvement and a high level of attention to detail. Markit Wire experience, including agreeing trades bilaterally with clients and ensuring they are booked and fed into risk books promptly. PreferredKnowledge of digital tools or programming languages such as Python, SQL, Alteryx or Power BI.How We Work: Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. This is a temporary contract position located in London with hybrid working. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks. For this role a valid working permit for the UK is mandatory. Expectations regarding hybrid working: As we are a Service Provider and Consulting firm servicing clients, our policy for physically working from the office (which may be the clients' offices or our own offices depending on the client) aligns to what our clients' policies and expectations are and these vary. Most of our clients now require a minimum of 3 days per week in the office, 2 days from home, and accordingly this is also the minimum expectation that Delta Capita require. However, some of our clients have now moved up to 4 days and even 5 days in the office and we require candidates to be flexible to meet our client demands. Delta Capita Group is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualised services for financial institutions for non-differentiating services. Our 3 offerings are:· Managed Services· Consulting & Solutions· TechnologyTo know more about Delta Capita and our culture click here: Working at DC - Delta CapitaCategoryPost Trade Services