Our client, a Leading International Family Office based in Limassol that is part of a large financial investment group, is looking to hire a Middle Office Officer to be based at their office here in Cyprus.
The role is a great opportunity to be working as part of a collaborative and experienced team with a focus on capital markets. The company provides an excellent platform to continue learning with the ability to grow your career for the long term.
The candidate will be an English speaker working in the Middle Office team processing securities and OTC trades like Options (single stock, index, forex, swaptions), TRS, CFD, Futures, with the aim being to provide support to the investment team for any product traded.
The candidate will support the Front Office to provide oversight and operational support for all capital markets instruments and activities carried out by the company.
Develop, maintain, and update relevant investment databases, models, and reports.
Finally, the candidate will be responsible for the investigation and resolution of any trade discrepancies and variations in portfolio reconciliations in collaboration with other ancillary teams and as necessary senior management.
Main responsibilities:
Pre-trade and post-trade control on daily trading activity
Validation of the daily activity of the capital market transactions, in a timely and accurate manner
Review all derivative trades and validate the ISDA paper confirmations provided by banks
Perform regular reconciliations on activity, positions, and cash, with the custody banks
Assist in booking new trades from term sheets obtained from banking counterparts
Coordinate with Front and Back Office, and liaise with banking counterparts to resolve any post-trade or settlement issues
Assist in resolving trade discrepancies caused by trade failures, breaks, etc
Assist the investment team in providing them with the key reports and information on a daily basis
Review and confirm all Trading Desk operating & brokerage fees on a monthly basis
Assist the CFO to support, test, and improve on IT tools' functionality and internal processes.
Maintain integrity and confidentiality of all trade-related data.
Requirements
Team worker and committed, strong analytical skills, highly motivated and eager to evolve within a family office environment with good communication skills;
Fluent English speaker mandatory (other languages are a plus)
Strong academic background (Master degree)
Minimum 3 to 5 years in a similar MO function within a reputable bank or hedge fund
Strong technical knowledge of derivative products
Knowledge ISDA documentation
Advanced knowledge of Bloomberg (the Bloomberg options tools)
Advanced knowledge in Excel (VBA is a plus)
Knowledge of EMIR reporting is also a plus
The position will require flexible working hours in order to cover the Asian, European and US Markets trading hours.
Salary:
The company is offering an excellent salary based on experience plus a performance-related bonus.
To apply:
Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Middle Office Officer with reference number 65.
Or you can apply directly through your candidate login by hitting the APPLY button.