Job Description

Senior Middle Office Analyst
Job Number: 21-13654
 
Start your career in the Financial Services Industry. Eclaro is looking for an Senior Middle Office Analyst for our client in New York, NY.
 
Eclaro's client is a global bank with operations in consumer, corporate and institutional banking and treasury services across more than 70 countries worldwide. If you’re up to the challenge, then take a chance at this rewarding opportunity!
 
Responsibilities:
  • Provide support to the FX, Rates, Credit and Commodities FM desk and operations partner on lifecycle enquiries, trade bookings, clearing, market conventions and client queries
  • Understand the FX, Rates, Credit and Commodities product trade lifecycle from front to back office and strive to be the subject matter expert and go-to person for given products/ Desk
  • Identify opportunities to improve processes and innovate:
    • Increase STP rates, reduce manual touchpoints using an agile and operational excellence approach across functions and teams
    • Work with FO to identify booking model improvements and drive efficiency
  • Own query remediation, trade life-cycling and other day-to-day processing, ensuring timely escalation, in order to minimize risk
  •  Face of Operations to FM Desk locally  -  primary point of contact:
    • Insulate FM from post execution processing / queries, represent Operations functions
    • Build team profile with the Front Office
    • Stakeholder engagement, 2-way flow of information  -  "Trusted Advisor”
  • New business enablement and solutions - quickly learn products and processes and add value to Front Office by taking post execution functions off their hands
  • Constantly seek opportunities to improve global consistency, work closely with the Hubs (GBS) and other regions to close gaps and standardize processes.
  • Build strong relationship with Hub teams to facilitate efficient communications and speedy resolutions of issues:
    • Identify and close knowledge gaps within the Hubs through hands on training
  • Engage with vendors to identify opportunities to enhances processes and systems and drive efficiency
  • Understand and constantly strive to improve MIS, cost-per-trade, touch points per trade  -  drive their evolution and identify areas to proactively add value through improved data
  • Be aware of, and strive to reduce, vendor costs
  • Ensure Audit points are addressed within time lines
  • Build a strong understanding of current rules and anticipation of upcoming regulations
  • Adherence to Ops Risk Framework standards of implementation and process management: Continuous review of procedures and booking model
 
Qualifications:
  • University degree
  • Knowledge of FX, Rates, Credit, Commodities in terms of product characteristics, risk, market data and P&L:
  • Ideally 2-3 years Financial Markets experience and ideally from a top tier bank
  • Understanding of front to back process and systems flows
 
Required Skills:
  • Analytical and process improvement mindset
  • Excel VBA skills or willingness to self-learn to write VBA code to simplify and automate processes
  • Strong inter-personal skills:
    • Confident communicator able to adapt style to Front Office and offshore colleagues
    • Demonstrate strong teamwork and values mindset
    • Approachable with strong networking skills
    • Thrive on working in fast paced environment while maintaining attention to detail
    • Fast learner with the ability to think out of the box and provide solutions
    • Knowledge of Murex preferable
 
If interested, you may contact:
Tony Viterbo       
anthony.viterbo@eclaro.com   
6463571241
Tony Viterbo | LinkedIn
 
Equal Opportunity Employer:
 Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

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