Middle Office Operations Analyst

About the role

Flow Traders is on the lookout for a Middle Office Operations Analyst to join our dynamic Operations team located in New York. This role is ideal for individuals who possess a meticulous attention to detail and a strong passion for innovation and automation in financial operations. As a key player in a leading proprietary trading firm, you will have the opportunity to contribute to an environment that values entrepreneurial thinking and encourages creative problem-solving.

Key facts

What you'll do

• Facilitate the matching, booking, and settlement reconciliation of trades to ensure accuracy in financial transactions.
• Manage the onboarding process for counterparties and cultivate strong operational relationships with them.
• Monitor and track outstanding OTC settlements to ensure timely processing.
• Perform real-time and T+1 reconciliations to maintain accurate trading records and positions.
• Produce detailed reports on trades and transactions to support operational transparency.
• Compile and analyze statistics related to market-making obligations for internal reporting.
• Reconcile positions, profit and loss statements, and associated costs to ensure financial integrity.
• Assume responsibility for critical data management and conduct thorough verification checks for accuracy and completeness.
• Develop innovative operational tools to enhance efficiency and effectiveness within the team.
• Define data requirements for both existing operations and new business initiatives to support growth.
• Collaborate closely with teams in Trading, Business Development, IT, and Compliance to troubleshoot issues and implement solutions.
• Engage in projects that aim to improve interdepartmental collaboration and support global business strategies.

Requirements

• At least 2 years of experience in Financial Operations is required.
• Familiarity with Digital Assets is a plus and will be considered advantageous.
• A Bachelor's degree in Business, Mathematics, Computer Science, or a related field is essential.
• Proficiency in Python and SQL is necessary, with either working or advanced knowledge preferred.
• Excellent verbal and written communication skills are crucial for effective collaboration.
• A keen eye for detail is needed, particularly in identifying and resolving underlying issues.
• Ability to work autonomously while adhering to established company policies and procedures.
• A demonstrated history of implementing scalable process improvements is highly valued.
• Strong analytical capabilities are required to assess complex situations quickly, especially under pressure.
• A genuine interest in financial markets and trading is essential for success in this role.
• Self-motivation and a proactive, adaptable approach are critical traits for candidates.
• SIE certification is mandatory; Series 7 certification is preferred but not required.

Nice to have

• Previous experience in a trading environment or financial services is beneficial.
• Knowledge of regulatory requirements and compliance standards in the financial sector is a plus.
• Familiarity with operational risk management practices can enhance your candidacy.

Skills & tools

The ideal candidate will be well-versed in Python and SQL, with a strong understanding of data analysis tools. Familiarity with trading platforms and operational management software will be advantageous. Strong problem-solving skills and the ability to work collaboratively in a fast-paced environment are essential.

Practical notes

At Flow Traders, we prioritize open communication and transparency with our employees and stakeholders. In terms of compensation, we conduct thorough market research to determine salary ranges for our positions. The specific salary offered will depend on various factors, including the candidate's experience, location, and skill set. All employees are eligible for an annual discretionary variable remuneration based on both individual and collective performance, allowing everyone to share in the company's success.

In compliance with New York City salary transparency regulations, the total compensation for the Middle Office Operations Analyst position ranges from $85,000 to $130,000, along with the potential for annual discretionary variable remuneration.

Please note that Flow Traders does not accept unsolicited resumes from staffing or search firms. Any resumes or candidate information submitted without a valid signed search agreement will be considered free to contact by Flow Traders, and no placement fee will be owed if the candidate is hired.