Middle Office Associate (Derivatives)

Goodman Masson; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution in Greater London is seeking an Associate in the Derivative Middle Office. In this role, you will ensure the accuracy and completeness of trade flows across a variety of financial instruments, while managing reconciliations and exceptions. Candidates should have strong knowledge of derivative products and experience in a middle office environment. The position offers opportunities for process improvement and close collaboration with various teams, aiming to uphold compliance and operational efficiency.

Qualifications

• Experience in handling cleared and bilateral products including swaps and FX instruments.
• Proven ability to manage intra-day reconciliations and resolve exceptions.
• Experience with trade lifecycle events and regulatory standards.

Responsibilities

• Ensure accuracy and completeness of front-to-back trade flows.
• Support trade lifecycle events and oversee affirmation platforms.
• Contribute to process optimisation and risk reporting.

Skills

Strong SME knowledge of derivative products

Ability to work accurately under pressure

Familiarity with systems such as Murex, ION, Markitwire

Experience in a derivative middle office environment

Job description

We are supporting a leading financial institution in the hire of an Associate within the Derivative Middle Office, supporting a wide range of cleared and bilateral products including swaps, FRAs, FX instruments, CDS, TRS and convertible bond options.

In this role, you will help ensure accuracy and completeness of front-to-back trade flows, managing intra-day reconciliations, resolving exceptions, overseeing affirmation platforms and maintaining alignment between internal systems and CCPs. The role involves close interaction with Front Office, brokers and technology teams, supporting trade lifecycle events, compressions, ASCOT allocations and ISDA confirmations while upholding robust controls and regulatory standards.

You will contribute to process optimisation, risk reporting and continuous improvement, helping shape the future operating model of the function.

Candidates should bring strong SME knowledge of derivative products, experience in a derivative middle office environment, familiarity with systems such as Murex, ION, Markitwire and trading venues, and proven ability to work accurately under pressure while managing risk and driving change.