Middle Office Specialist (Paper Docs)
Job Function Summary
The Documentation Specialist will be primarily responsible for the daily management and reconciliation of paper flow within MTM (Markit Trade Manager) and ad-hoc trade queries around mismatches, break resolution and IA agreement. There is also a requirement to assist with project work for ongoing business initiatives and look at process inefficiencies within the space of non-electronically confirmed trades. The successful candidate will also be expected to produce firm KPIs and metrics. This is a mandatory Night Shift role.
Principal Responsibilities
* Have a solid understanding of the use and application of the tools within MTM (Markit trade manager)
* The candidate will be able to prioritize their workload based on good-sense and risk management.
* Be able to produce KPI stats/metrics to the management team for positive and negative trend analysis.
* Have an understanding of the mechanics of exotic products, particularly in option volatility and exotic FX products (dual digitals, FX Barrier options etc.)
* An understanding of long-form legal documentation and the application of MCAs (Master confirmation agreements)
* Resolving position/ trade discrepancies with the respective MLP Operations and Middle office teams in order to bring trades in line with their paper confirmations.
* Break reconciliation and investigation between firm portfolio positions and that of the executing brokers.
* Interacting and managing relationships with the internal core teams and external executing brokers,
* Intraday trade monitoring as part of the T+0 reconciliation process
* Dealing with post and prior value trade queries
* Ad-hoc trades support business functions
Qualifications/Skills Required
* Undergraduate Degree or above is preferred
* Relevant experience in documentation or confirmations
* Strong knowledge of financial instruments with emphasis on complex trades
* MTM / Murex / Imagine experience an advantage
* Strong communication and interpersonal skills
* Able to prioritize in a fast moving, high pressure, constantly changing environment; High sense of urgency
* Strong organizational and problem solving skills
* Must be able to work under pressure and meet strict deadlines
* Must be able to work independently
* Strong Excel knowledge (VBA and other coding languages are advantageous)
* Quick learner, Detail oriented; Demonstrable thoroughness and strong ownership of work
* Good team player with a strong willingness to participate and help others
