Senior Capital Markets Middle Office Specialist - 6 Month Fixed Term Contract.

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Capital Markets Middle Office Specialist to join their dynamic London team. This pivotal role involves supporting Front Office and Middle Office functions across various asset classes, ensuring timely trade booking and settlement. The ideal candidate will have a robust background in FX and Rates, with a strategic mindset for international collaboration. If you excel in detail-oriented environments and thrive under pressure, this is an excellent opportunity to contribute to a high-performing team focused on operational excellence and risk management.

Qualifications

• Experience in FX/Rates Cash Securities and OTC Derivatives is essential.
• Strong analytical and communication skills are required.
• Attention to detail is crucial for trade verification.

Responsibilities

• Provide full trade support for traders/sales teams.
• Manage Intra-day Risk and P&L reporting.
• Liaise with Risk and Product Control Departments.

Skills

FX/Rates Cash Securities

OTC Derivatives

Treasury functions

Analytical skills

Communication skills

Attention to detail

Risk Management

Education

Strong academic background

Experience in Capital Markets

Tools

Markitwire

Excel

VBA

TOMS

OPICS

CALYPSO

GSF

CATALYST

Job description

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Senior Capital Markets Middle Office Specialist - 6 Month Fixed Term Contract., London

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Client:

WELLS FARGO BANK

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

4cfd3d905a2d

Job Views:

1

Posted:

08.05.2025

Expiry Date:

22.06.2025

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Job Description:

About this role:

Wells Fargo is looking for an experienced Senior Capital Markets Middle Office Specialist to join their London Trade Support team, specialising in Cross Asset classes. This role entails supporting Front Office and other Middle Office team members in various functions including rates, FX, Credit, Repo, MCCF, and Treasury functions.

The position entails close collaboration with Front Office, Finance, and the US Documentation and Operations/Settlements teams on a daily basis. Responsibilities include ensuring timely booking of all activities, performing trade enrichment as needed, ensuring proper settlement, and facilitating reporting. Additionally, the role involves working closely with Sales, Finance, Compliance, Technology, COO Teams, as well as other Operations and global Middle Office teams daily.

If you thrive in roles that demand attention to detail and teamwork, consider joining us in this dynamic opportunity.

In this role, you will:

• Provide full trade support cover for all traders/sales teams in a controlled manner by following all MO procedures.
• Posses good knowledge on Rates/FX/Credit/Repo and Treasury functions.
• Have a high level of attention to detail to ensure all trades checked before verified on trade date.
• Manage Intra-day Risk and P&L reporting, investigation of discrepancies between reported and posted P&L.
• Monitor daily trading exception reports.
• Be responsible for monitoring and resolution of OPICS trades that needs repair.
• Manage the resolution of trade queries.
• Assist with front to back reconciliations.
• Assist the treasury desk in Liquidity Management and Funding.
• Work closely with Settlements/Payments functions.
• Liaise with Risk and Product Control Departments to resolve any discrepancies between Middle Office and other reports produced elsewhere.
• Execute the coordination of Client Derivatives Documentation.
• Participate in system upgrades / testing.
• Be a team player and must show flexibility for working early morning shifts.
• Have the ability to work with team members and business partners across the bank.
• Execute project work/Ad hoc management requests.
• Embrace the enhancement of the control framework around the daily processes.
• Maintain the enhancement of governance documents (e.g. Process flows and procedures).
• Act as the link between business requirements and technology solutions.
• Be responsible for fact finding for any Issue and help escalation to Management.
• Ensure all Initiatives are captured on the teams BOW and is updates at all times.

Required Qualifications:

• Candidates must have a strong academic background and established experience in FX/Rates Cash Securities and OTC Derivatives Middle Office including Treasury functions and overall must have a strong Rates background.
• Have a strategic mindset to work/lead International projects and partner with our APAC and Dublin teams.
• Excellent Markitwire experience essential, the ability to build a ticket from scratch and enrich where appropriate.
• Analytical with strong verbal and written communication skills.
• Good understanding of trade lifecycle across the Rates and FX (including NFD Fixings).
• An excellent understanding of life cycle knowledge of Cash Securities and OTC products (CDS).
• Good Settlement knowledge across DTC, Fed, E/C and Clearstream.
• Ability to work across multiple regions.
• Must have the experience with systems such as TOMS/OPICS/CALYPSO/GSF/CATALYST/MARKITWIRE
• Must have advance Excel and VBA experience
• Confident and the ability to work under pressure of a trading floor and deliver on strict deadlines.
• Experience in Capital Markets middle office, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

The Middle Office Function is a control function and it is imperative that all team members' work in a controlled manner to manage risk and follow procedure at all times. We are a function that is very sensitive to Operational Risk and Audit.

They will also work with Technology and other Middle Office teams globally on Front Office projects and process improvements and cover other MO teams (HK/US) if/when required.

Posting End Date:
22 May 2025
*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

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