At a Glance
- Tasks: Support daily operations in a dynamic Hedge Fund environment and manage trade processes.
- Company: Reputable Hedge Fund firm committed to excellence and employee growth.
- Benefits: Competitive salary, bonus opportunities, and comprehensive benefits package.
- Other info: Permanent role in London with excellent career progression opportunities.
- Why this job: Join a small team for varied work with high visibility and impact.
- Qualifications: 1-3 years experience in a similar role and a top degree from a prestigious university.
The predicted salary is between 90000 - 110000 £ per year.
The Middle Office Associate will play a key role in supporting daily operations within the Hedge Fund. This permanent role requires meticulous attention to detail and a strong understanding of middle office functions ideally suited for a candidate from a Hedge Fund.
This opportunity is with a well-established and reputable Hedge Fund firm that operates within the banking and financial services sector. As part of a medium-sized organisation, the company is committed to delivering excellence in its field and fostering professional growth for its employees.
The Firm is seeking an Analyst for our Treasury & Middle Office team. The group is responsible for managing all trade management and financing needs. As a key member of the team, the role involves working closely with our Investment team and partnering with other areas, including Risk Management, Fund Controllers and Technology.
Location: London, UK
Responsibilities:
- This Middle Office Associate will play a vital role in support of the Firm's efforts to invest in the convertible arbitrage, credit, volatility arb, equity derivative and credit derivative markets.
- Develop a deep knowledge and understanding of the Firm's investment process and technology platform.
- Liaise with counterparties to arrange trade settlements and confirmations.
- Support the daily trade capture process, primarily spanning EMEA and APAC trading.
- Experience with execution and settlement platforms such as FED, DTC, Bloomberg SEF, Market Axess, and ICE Clear.
- Work hand-in-hand with traders, portfolio managers and research analysts to manage the execution of complex corporate actions (refinancings, exchanges, acquisitions, etc.) among our portfolio companies, arranging third-party documentation required, communicating with our counterparties to ensure timely settlement and engage Controllers internally on p&l recognition of such events.
- Creation and maintenance of security set ups spanning all asset classes and engaging trading desk and risk management teams providing oversight to ensure data propagates downstream to all applications for reporting and investment screening.
- Review and monitor daily cash and position reconciliations.
- Cash and Collateral Management including FX exposure monitoring.
- Serve as a liaison between our investment team and prime brokers to secure stock borrows.
Profile:
- Experience: 1-3 years of work experience in a similar role, ideally with a multi-strategy or credit hedge fund.
- Strong Intellectual Capacity: Must be degree educated, 2.1 or above from Russell Group or Oxbridge calibre University.
- Financing Acumen: Understanding of financing solutions for hedge funds.
- Organizational Skills: Excellent organizational abilities to effectively manage multiple tasks.
- Meticulous Attention to Detail: A commitment to precision and adherence to disciplined processes is essential.
- Effective Communication Skills: Strong verbal and written communication abilities to engage effectively with internal and external stakeholders.
- Collaborative and Adaptable Team Player: Excels in a dynamic, global team environment and embraces collaboration.
- Entrepreneurial Mindset: Brings energy, intellectual curiosity, and a strong dedication to driving results.
This is an excellent role and company for the right candidate.
Middle Office Associate in London employer: Michael Page Banking
Contact Detail:
Michael Page Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Middle Office Associate in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who have experience in hedge funds. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of middle office functions and the specific markets mentioned in the job description. We recommend practising common interview questions and having examples ready that showcase your attention to detail and organisational skills.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It shows professionalism and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for the best chance at landing that Middle Office Associate role. We’re all about making the application process smooth and ensuring your CV gets the attention it deserves!
We think you need these skills to ace Middle Office Associate in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Middle Office Associate role. Highlight any relevant experience in hedge funds and showcase your meticulous attention to detail.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of middle office functions and how your background aligns with the firm's investment process.
Showcase Your Communication Skills: Since effective communication is key in this role, make sure your application demonstrates your strong verbal and written abilities. Use clear and concise language to convey your points.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at our reputable Hedge Fund.
How to prepare for a job interview at Michael Page Banking
✨Know Your Stuff
Make sure you have a solid understanding of the hedge fund's investment process and the specific middle office functions. Brush up on your knowledge of trade management, financing solutions, and the platforms mentioned in the job description like Bloomberg SEF and ICE Clear.
✨Showcase Your Attention to Detail
During the interview, highlight examples from your past experience where your meticulous attention to detail made a difference. Whether it was managing complex corporate actions or ensuring accurate cash reconciliations, be ready to discuss how you maintain precision in your work.
✨Communicate Effectively
Strong communication skills are key for this role. Practice articulating your thoughts clearly and concisely. Be prepared to explain complex concepts in a way that’s easy to understand, as you’ll need to liaise with various stakeholders including traders and risk management teams.
✨Demonstrate Your Team Spirit
This role requires collaboration within a dynamic team environment. Share examples of how you've successfully worked in teams before, showcasing your adaptability and entrepreneurial mindset. Highlight any experiences where you’ve contributed to team success or driven results together.