Menu Search

Fixed Income Middle Office

Fixed Income Middle Office

Hays are recruiting for a Fixed Income expert to join a middle office team covering both Trade Support and Client Service duties. You will cover Rates, Repo, Credit and Emerging Markets, ABS, and DCM, and support trading and sales with trade activities.

Your responsibilities will be

Perform inter-system, cross entity and exchange trading reconciliations.
Monitor trade flow of financing business using T0 inter system reconciliation tool to identify and correct exceptions.
Clear Interest Rate Derivative basis trades via EUREX C7 clearing platform.
Provide Operational support to the Structured Products trading desk, liaising with IPAs, internal legal and settlements teams to ensure correct setup, trade capture and timely settlement of new issues.
Process quarterly EUREX and LIFFE Interest Rate Derivative expiries.
Process Interest Rate Derivative Option expiries.
Oversee the full life-cycle of the trade, ensuring downstream processes are completed.
Monitor intercompany facilitation books to ensure no positions or PnL are recorded.
Liaise closely with internal Fixed Income team to ensure correct booking and timely processing
Improve STP rates through analysis of breaks and trade processing exceptions.
Produce and monitor regular MI reporting.
Trade allocation and confirmation.
Monitor and arrange update of Static Data of client accounts and products.

The ideal candidate will have the following skills;

Good working knowledge of all Fixed Income products across Rates, Credit, EM, MBS/ABS, Structured and IRD products.
Have previous experience of Repo Middle Office functions and be able to demonstrate knowledge of all life cycle events relating to financing trades
Must be able to resolve multiple exceptions and queries through to resolution in a busy, time-critical environment.
Good knowledge of New Issues and Debt Capital markets support processes.
A good understanding of the post execution trade lifecycle from booking, allocation, confirmation and settlement.


Job Type:
Banking & Financial Services
Banking and Capital Markets
Apply Now

Talk to a Consultant

Talk to Craig Murray, the specialist consultant managing this position, located in London City

107 Cheapside, London, EC2V 6DN

Telephone: 0203 465 0111
For 50 years we've used our expertise to help people transform their careers.

Share Job