Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support daily trading operations and investigate exceptions in a dynamic financial environment.
- Company: Join the Universities Superannuation Scheme, a leading pension provider in the UK.
- Benefits: Enjoy a competitive salary, generous leave, and access to health and wellbeing services.
- Why this job: Make a real impact on financial futures while developing your career in a supportive team.
- Qualifications: Financial experience and problem-solving skills are a plus; enthusiasm is key!
- Other info: Flexible culture with opportunities for personal development and community support.
The predicted salary is between 36000 - 60000 £ per year.
Public Markets - Middle Office, NAV Control Associate
Business Area: Operations
Place of Work: London
Contract Type: Fixed Term Contract
When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.
About the role
In your role as Public Markets Operations – Middle Office Associate, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to work within the Public Markets team and is responsible for the day to day core trading support of the scheme, investigation of exceptions and reconciliations which feeds into the NAV process. The Scheme investments cover a broad range of assets and a flexible can-do attitude is required.
What you will be doing
- Daily investigation and correction of price exceptions and the stale / static values of assets.
- Daily investigation and resolution of reconciling items of all cash and positions across the Scheme for internal and external managers.
- Liaison with the third-party providers for Fund Accounting and Custodian services (JP Morgan and Northern Trust).
- Working collaboratively with the Middle Office sub-team on daily trade support review and on new onboardings and transitions.
- Liaison with external fund managers and internal trading desk in investigating and clearing reconciliation differences.
- Daily review of NAV’s produced by our Fund Accountants, investigation of differences between the IBOR and the ABOR with the aim to better align the two and reduce the differences.
- Identify & deliver improvements on day to day process.
- Support business initiatives impacting the wider team and delivery of BAU.
Stakeholder management
- Build a strong relationship with USS colleagues.
- Develop close working relationships with third party service partners.
Development
- Look for training opportunities to enhance skills.
- Improve personal skill matrix score each.
About you
We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.
To be successful in the role you will have:
- Financial experience (beneficial).
- Business qualification advantageous – IMC/IOC.
- Business/ Operational experience of working with a range of assets & awareness of investment products.
- Buy side or Outsourced Oversight experience preferred.
- Experience of Bloomberg AIM an advantage.
- Problem solving with independent thought.
- Attention to detail.
- Can do attitude.
- Ability to work independently.
- Good Excel skills.
Why join us?
At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We're also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team. Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!
How we will reward you
- Great starting salary.
- Generous annual leave package.
- Access to a high quality pension scheme provided through Universities Superannuation Scheme.
- Supportive people policies (including enhanced occupational sickness pay and family friendly pay).
- Financial contributions towards your personal development to help you maintain your physical and mental wellbeing.
- Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership.
- Learning and development opportunities to develop your skills, knowledge and talent.
- Employee Volunteer Day’s to support the communities where you work and live.
- Cycle to Work Scheme.
Our culture and values
Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values:
- Integrity
- Collaboration
- Excellence
About us
Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and other higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for almost 577,000 members and their families. We are one of the largest private defined benefit pension schemes in the UK, with total assets of around £76.8bn (at 31 March 2025).
USS is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting resourcing@uss.co.uk.
Public Markets Operations - Middle Office Associate - Universities Superannuation Scheme Limited in London employer: Universities Superannuation Scheme Limited
Contact Detail:
Universities Superannuation Scheme Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Public Markets Operations - Middle Office Associate - Universities Superannuation Scheme Limited in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at USS. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching USS and its operations. Knowing the ins and outs of the Public Markets team will show you're genuinely interested and ready to contribute.
✨Tip Number 3
Practice your problem-solving skills! Be ready to tackle real-world scenarios related to NAV control and reconciliation during interviews. Show us how you think on your feet!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Public Markets Operations - Middle Office Associate - Universities Superannuation Scheme Limited in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Public Markets Operations role. Highlight any relevant financial experience or operational roles you've had, and don't forget to mention your can-do attitude!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the company. Share specific examples of how your background makes you a great fit for the Middle Office Associate position.
Showcase Your Problem-Solving Skills: In your application, emphasise your problem-solving abilities. Give examples of how you've tackled challenges in previous roles, especially those related to finance or operations. We love a proactive approach!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows you're serious about joining our team at USS!
How to prepare for a job interview at Universities Superannuation Scheme Limited
✨Know Your Numbers
As a Middle Office Associate, you'll be dealing with NAV processes and reconciliations. Brush up on your financial knowledge, especially around asset classes and investment products. Familiarise yourself with key metrics and how they impact the overall trading support.
✨Showcase Your Problem-Solving Skills
Expect questions that assess your problem-solving abilities. Prepare examples from your past experiences where you identified issues and implemented solutions, particularly in a financial context. This will demonstrate your independent thought and can-do attitude.
✨Build Rapport with Stakeholders
Since the role involves liaising with third-party providers and internal teams, practice how to build strong relationships. Think of ways to express your collaborative spirit and how you’ve successfully worked with others in previous roles.
✨Excel at Excel
Good Excel skills are essential for this position. Be ready to discuss your proficiency with Excel functions, data analysis, and any relevant tools you've used. If possible, brush up on advanced features like pivot tables or VLOOKUP to impress your interviewers.
