Middle Office Analyst

Posted: 06/01/17
Recruiter:KennedyPearce Consulting
Salary:£35000 - £36000 per annum
Description: Our client a leading Investment Management firm, are recruiting for a temporary role (6 month contract) within their middle office operations team to provide cash reporting, cash and position reconciliations oversight, and investment guideline monitoring support to the high yield and private finance areas of the business.

This person will work closely with various teams across many areas of the business (including PMs and traders, settlements, portfolio servicing, FX hedging, and Compliance teams across the UK and US) to ensure that information is delivered timely and accurately.

Main responsibilities will include;

Cash Management and Reporting:

* Calculation of daily cash availability for Portfolio Managers, FX traders, et al
* Understand daily changes in traded cash to determine whether any manual adjustment is required for accurate cash reporting
* Work with various Custodians and Third Party Administrators to ensure transactions are posted timely
* Initiate appropriate action to remedy forecast overdrawn positions
* Ensure sufficient funds are available in the designated accounts for FX and trade settlements, instructing intra-fund transfers as required
* Review and action any lender of record claims to/from counterparties

Reconciliation Oversight:

* Daily oversight of cash and asset reconciliations performed by a Third Party Administrator
* Weekly oversight of receivables and payables
* Follow up outstanding issues with Third Party Administrators and Custodians

Tests and Investment Restrictions:

* Monitor daily compliance with portfolio investment restrictions for several funds
* Oversight of any guideline breaches and reporting to various parties
* Assist, as necessary, in the data testing process as we transition to a new data source for monitoring portfolio guidelines to ensure data mapping is accurate

To be considered for this position, candidates MUST have previous working experience around cash reconciliations and producing case forecasts.

Recruiting now