Middle Office Analyst - Interest Rate Derivatives

Allegis Global Solutions are the onsite recruitment partner at RBS and manage all contract and temporary opportunities for RBS M&IB (Markets and International Banking).

POSITION DESCRIPTION:

We have an outstanding contract opportunity for a Middle Office Analyst to make their mark with one of the world's largest international banking and financial services companies. In the role of a Middle Office Analyst, you will play an integral role in helping our client deliver market leading services that set it apart from its competitors.

ADDITIONAL POSITION DETAILS:

- Timely validation and accurate affirmation of all trades captured in the Risk Management Systems.
- Completion of EOD processes including completeness and reconciliation checks to ensure capture of new trading activity and general book management has been processed accurately.
- Reconciliation of system P&L to Flash P&L on a T0/T+1 basis and resolution of any differences/discrepancies to trader and to the Finance area.
- Show an appreciation of the different support requirements for individual Traders, but seek consistency, and challenge in support of this, where applicable.
- Through close liaison with the trading floor, ensure the timely and efficient resolution of trader queries, promoting the TMG TC team as a source of valued advisors and technical experts
- Work closely with Operations functions and infrastructure groups to support a 'one team approach'. The TMG TC team are expected to be a centre of excellence and are often pivotal in ensuring accurate information in cross group communication
- Support and enhance external customer relationships by responding in a timely manner to client requests and by pro-actively looking for opportunities to improve the general service offering
- Ensure all reconciliations and reports undertaken in the area are complete and signed off on a timely basis eg internal deals, exercise reports, and trade exceptions reports.
- Take full responsibility for the integrity of all curve data, underlying assets, trade booking, trade maintenance and appropriate reconciliations
- Monitor trading patterns and behaviour to effectively support the business and assist with identification/escalation of potential fraudulent or unusual trading activity
- Contribute to the documentation of all new products or structures relating to the area (including NPAPs)
- Clear and concise communication with all support teams to ensure the timely and efficient dissemination of information and the resolution of queries
- Provide operational support to the various teams in overseas offices as required to ensure risks are effectively controlled
- Ongoing feedback with the global projects team on current and future system architecture.

CANDIDATES SHOULD HAVE THE FOLLOWING:

- Middle Office experience ideally within an Investment banking environment
- Derivatives product knowledge (Interest Rates preferable)
- Strong understanding of the trade life cycle
- Proactive attitude and excellent communication skills

Unless otherwise stated, you should ensure that you're already authorised to work in the United Kingdom. Allegis Global Solutions welcomes all applications from all areas of society and does not discriminate on grounds of religion or belief, ethnic or national origin, race, age, disability, citizenship, marital, domestic or civil partnership status, sexual orientation, or gender identity.

Allegis Global Solutions is acting as an Employment Business in relation to this vacancy.