Graduate Opportunity - Middle Office Analyst

VFX Financial; Greater London; Hybrid; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Generous Profit Share Plan (PSP)

Equity opportunities via CSOP

Hybrid working 3 days per week at Aldg

Annual all-expenses paid company trip

Learning & development budget

Weekly social events

Fresh fruit, breakfast staples & fully

Job summary

VFX Financial in London is seeking a meticulous Middle Office Analyst to oversee the FX post-trade lifecycle, reconcile trades, and support margin and settlement activities. You will act as a control point between Trading, Back Office and Risk, ensuring data integrity and compliance.

This hands-on role requires strong numerical ability, excellent Excel skills, and a willingness to learn in a fast-growing FinTech with hybrid working at Aldgate.

Qualifications

• Strong academic background in Finance, Mathematics, Economics, or another numerate discipline.
• Understanding of derivatives and financial risk concepts; FX derivatives exposure desirable.

Responsibilities

• Oversee the complete post-trade lifecycle of FX derivatives, from execution through settlement.
• Maintain robust trade capture, reconciliation, and control processes across systems.
• Monitor trading activity, escalate issues to senior management when needed.
• Collaborate with Trading, Back Office, Settlements, Payments, Technology and Risk teams.
• Manage margin calls and support credit facility reviews with the Risk Manager.
• Contribute to process improvements and automation while ensuring regulatory compliance.

Skills

Numeracy

Analytical thinking

Excel proficiency

Education

Finance, Mathematics, Economics degree

Tools

Excel

VBA

Job description

VFX Financial is one of the UK’s fastest-growing FinTechs, helping complex organisations move, manage, and protect money across borders. Built for specialist sectors, multi-jurisdiction structures, and high-compliance environments, we support businesses whose needs go beyond standard banking. We’re selective about who we work with because exceptional service requires focus and commitment.

With six international offices, six regulatory licences, and an 83% CAGR over the past three years, we’re scaling rapidly and earning industry recognition along the way — including the Financial Times FT1000: Europe’s Fastest Growing Companies 2026, CNBC UK’s Top Fintech Companies 2025, Wealth & Finance FinTech Awards 2026, and the Business Growth Award from Business Awards UK.

Behind it all is a team of ambitious VFXers united by collective ownership, a focus on growth, and a shared passion for solving complex problems.

About the Role

The Middle Office Analyst plays a critical role in ensuring the integrity and efficiency of the FX post-trade process. This position is responsible for managing the full trade lifecycle, maintaining accurate reconciliations, and supporting margin and settlement activities. Acting as a key control point between Trading, Back Office, and Risk, the analyst monitors trading activity, resolves discrepancies, and escalates issues promptly to safeguard operational and financial risk. The role also contributes to process improvements and automation initiatives while ensuring compliance with internal policies and regulatory requirements.

No prior work experience is necessary. This is a hands‑on role ideal for someone with a mathematics, finance, or other numerical‑related degree, strong analytical skills, and most importantly, a willingness to learn and develop.

Key Responsibilities

• Oversee the complete post-trade lifecycle of FX derivatives, from execution through to settlement, ensuring accuracy and timeliness.
• Maintain robust trade capture, reconciliation, and control processes across multiple systems to safeguard data integrity.
• Monitor trading activity and operational flows, proactively identifying issues and escalating them to senior management when necessary.
• Collaborate effectively with Trading, Back Office, and Technology teams to resolve trade discrepancies and ensure seamless processing.
• Respond promptly to queries from Settlements and Payments teams, ensuring all transactions are reconciled daily and discrepancies are addressed without delay.
• Develop and maintain in-depth knowledge of structured FX products, market risk, liquidity risk, and related operational considerations.
• Assist with process enhancements and automation initiatives to improve efficiency and reduce operational risk.
• Ensure comprehensive documentation and strict adherence to internal policies, procedures, and regulatory requirements.
• Manage trade reconciliation processes for both derivative and non‑derivative transactions, ensuring accuracy and completeness.
• Oversee margin call management for clients, including initial and variation margin, in line with contractual and regulatory obligations.
• Support the Financial Risk Manager in conducting credit facility reviews and monitoring counterparty exposures.

Additional responsibilities may be assigned by the Director of Trading, in line with the scope of the position, as reasonably required to support business and operational priorities.

Candidate Profile

Experience & Background

• Strong academic background in Finance, Mathematics, Economics, or another numerate discipline (or equivalent experience)
• Understanding of derivatives and financial risk concepts; FX derivatives exposure desirable.

Technical Skills

• Strong numeracy and analytical capability.
• Proficiency in Excel; exposure to VBA or automation tools beneficial.
• Familiarity with trade support or trade capture systems advantageous

Core Competencies

• Attention to Detail: Maintains high accuracy across repetitive and time-sensitive tasks.
• Problem‑Solving: Identifies discrepancies and works proactively to resolve issues.
• Collaboration: Works seamlessly with Trading, Back Office, Settlements, Payments, Technology, and Risk teams to ensure smooth operations.
• Ownership: Takes responsibility for assigned processes, controls, and timely completion of tasks.
• Adaptability: Responds effectively to fluctuating workloads, evolving system requirements, and market‑driven operational demands.
• Communication: Provides clear, concise, and timely updates to internal stakeholders; escalates issues appropriately.
• Risk Awareness: Monitors trading activity and operational flows, proactively escalating potential risks to senior management.
• Regulatory & Policy Compliance: Ensures adherence to internal policies, procedures, and relevant regulatory requirements in all activities.

Benefits at VFX

We offer more than just perks — we offer ownership.

Our benefits include:

• Generous Profit Share Plan (PSP)
• Potential equity opportunities via the Company Share Option Plan (CSOP)
• Hybrid working 3‑days per week at our Aldgate office
• Annual all-expenses paid company incentive trip abroad
• Flexible learning & development budget
• Weekly events like Supper Club, Thursday Happy Hour & regular socials
• Fresh fruit, breakfast staples & fully stocked drinks fridge in the office

At VFX, the biggest benefit is the opportunity to act like an owner. Through our Profit Share Scheme (PSP), every team member has a stake in the business by sharing in the profits.

To show you what that looks like, in 2025, PSP participants received over £1,000,000. Historically, VFX has also offered equity opportunities via Company Share Option Plan (CSOP), where more than 80% of eligible VFXers chose to become shareholders — a powerful reflection of the belief and commitment that drives VFX forward.

If you care about building something meaningful, take pride in your work, and are motivated by impact — you’ll thrive here.

Next Steps

If you are successful, you will be contacted for an initial call with the People Ops Team, followed by a 1st stage technical Teams interview, and culminating with an in‑person final stage interview at our London office.