Derivatives Middle Office (FTC 2 years)

It is essential that all applicants have Banking Operations/Middle Office experience. Unfortunately, our client cannot provide sponsorship and therefore only applicants that have eligibility to work in the UK for 3+ years in the future will be considered. Our client, a bank based in Central London is looking for a Derivatives Middle Office to join them on a 2-year fixed term contract. This position is 5 days per week office based. The successful candidate will be responsible for processing the daily trades. Main Responsibilities: • Bank to Bank Foreign Exchange Deal Processing. • Money Market Deal Processing including Retail Customer and Platform Linkage Deposits. • Fixed Income Trade Processing by way of Swift. • Interest Rate Swap Processing. • Daily Mark to Market valuation of derivatives administration including margin calls. • Daily Deal Maturity review to confirm if trades are correctly being extended or repaid. • Cash and Nostro Management. • Nostro and Custodian Reconciliation. • Processing Nostro, Custodian, Brokerage and Repository charges. • Transaction Monitoring. • Be aware and proactive concerning Anti Money Laundering, Compliance and Regulatory responsibilities Experience and Skills required: • Experience of processing trades over all our products range. • Must have minimum 5 years banking experience/supervisory level. • Settling Fixed Income trades. • Some knowledge of the reporting requirements for EMIR, SFTR and MiFID/MiFIR and the dynamics of trade ..... full job details .....
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