Middle Office Analyst in London

Middle Office Analyst in London

London Full-Time 63000 - 77000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage the full trade lifecycle for FX derivatives and drive automation improvements.
  • Company: Join VFX Financial, a leader in global payments and treasury management.
  • Benefits: Enjoy profit sharing, equity options, hybrid work, and fun team events.
  • Other info: Great career growth opportunities and a supportive team culture.
  • Why this job: Make an impact in finance while developing your skills in a dynamic environment.
  • Qualifications: A degree in finance or mathematics and strong analytical skills are preferred.

The predicted salary is between 63000 - 77000 £ per year.

For businesses navigating the complexities of global payments and treasury management, finding fast, reliable solutions can be a challenge. VFX removes the barriers to seamless cross-border transactions, offering tailored, secure, and efficient banking and treasury services.

Whether it’s corporate accounts, FX and payment services, or offering the right software and integrations to meet your business needs, VFX experts tailor the right solution every time. Behind these services is a team of ambitious VFXers who think like founders, never stop learning, and go the extra mile to help our clients succeed.

About the Role

VFX are seeking a highly numerate and detail-oriented Middle Office Analyst to manage the full trade lifecycle for FX derivatives. Reporting into the Director of Trading, this role is crucial for ensuring operational excellence by overseeing trade support, driving automation improvements, and minimising risk. You’ll play a pivotal role in ensuring accurate processing and reporting of trades while working with proprietary systems.

This is a hands-on role ideal for someone with a mathematics or finance-related degree, strong analytical skills, and most importantly, a willingness to learn and develop.

Key Responsibilities

  • Quickly develop expertise in structured FX products, market risk, and liquidity risk.
  • Manage the entire trade lifecycle for FX derivatives, ensuring accuracy from execution to settlement.
  • Implement and manage automated solutions to enhance efficiency and reduce manual processes.
  • Ensure accurate trade support, reconciliation, and reporting, working closely with front-office and back-office teams.
  • Managing a high volume of detailed, repetitive tasks while maintaining accuracy.
  • Rapidly acquiring deep knowledge of FX derivatives and financial risk within a short timeframe.
  • Operating within legacy systems that will require eventual replacement.
  • Managing potential out-of-hours work to meet operational deadlines.

Candidate Profile

  • Highly Numerate: Ideally holds a finance-related or mathematics degree.
  • Attention to Detail: Exceptional focus on detail and accuracy.
  • Technical Skills: Advanced proficiency in Excel; experience with trade support systems is advantageous.
  • Self-Reliant & Proactive: Demonstrates curiosity, initiative, and the ability to become self-sufficient.
  • Hardworking & Dedicated: Willingness to work additional hours when required to meet deadlines.
  • Derivatives Knowledge: Some experience or knowledge of derivatives, even if at an academic level, is highly advantageous but not required.
  • Preferred Background: Candidates with relevant internship experience in financial institutions or graduates eager to learn and develop in the role.
  • Prior experience in a trade support role desirable, but not required.
  • Exposure to financial markets, ideally with knowledge of structured FX products.

Success Measures

  • This role will be successful if within 12 months we see:
  • Demonstrated understanding of market and financial risk in daily operations.
  • Full ownership and flawless execution of the FX derivatives trade lifecycle.
  • Implementation of process automation leading to improved operational efficiency.
  • High level of accuracy and attention to detail maintained across all tasks.
  • Rapid development of product knowledge and technical capabilities.

Benefits at VFX

We offer more than just perks — we offer ownership. Our benefits include:

  • Generous Profit Share Plan (PSP)
  • Equity via the Company Share Option Plan (CSOP)
  • Hybrid working 3-days per week at our Aldgate office
  • Annual all-expenses paid company incentive trip abroad
  • Flexible learning & development budget
  • Weekly events like Monday Supper Club, Thursday Happy Hour & regular socials
  • Fresh fruit, breakfast staples & fully stocked drinks fridge in the office

At VFX, the biggest benefit is the opportunity to act like an owner. Through our Profit Share Scheme (PSP) and Company Share Option Plan (CSOP), every team member has a chance to own a stake in the business and share in the profits.

Next Steps

We aim to respond to all applications within three weeks of submission. If you are successful, you will be contacted for an initial call with our People Ops Partner, followed by a 1st stage Teams interview with the hiring manager, followed by an in-person final stage interview at our London office.

Middle Office Analyst in London employer: VFX Financial

VFX Financial is an exceptional employer that empowers its team members to act like owners through generous profit-sharing and equity options. With a vibrant work culture in the heart of London, employees enjoy hybrid working arrangements, ample learning opportunities, and regular social events that foster collaboration and camaraderie. The company prioritises personal and professional growth, making it an ideal place for ambitious individuals eager to make a meaningful impact in the financial sector.

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Contact Details:

VFX Financial Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Middle Office Analyst in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like VFX Financial. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Middle Office Analyst in London

Numerical Skills
Attention to Detail
Technical Proficiency in Excel
Trade Lifecycle Management
Automation Implementation
Reconciliation Skills
Communication Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to VFX Financial.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on VFX Financial's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at VFX Financial

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with VFX Financial.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at VFX Financial will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former VFX Financial employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.