Middle Office Analyst - ETFs

Hudson River Trading

New York (NY)

On-site

USD 120,000 - 160,000

Full time

14 days+

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Job summary

A leading trading firm in New York seeks an experienced ETF Middle Office Analyst to manage the post-trade lifecycle of ETF transactions. The role requires extensive experience in ETF management, strong analytical skills, and the ability to work collaboratively across various teams. The estimated salary range is $120,000 to $160,000 annually along with performance-based bonuses.

Qualifications

3-5 years of relevant industry experience.
Extensive experience in ETF post-trade management and settlements.
Strong understanding of settlement processes and financial markets.

Responsibilities

Manage and reconcile positions in HRT systems.
Oversee the settlement process for ETF trades.
Generate and distribute reports on trades and settlements.

Skills

ETF post-trade management

Settlement processes

Collaborative teamwork

Analytical skills

Communication skills

Tools

SQL

Python

UNIX

Job description

The Middle Office team at Hudson River Trading (HRT) is responsible for ensuring the smooth operation of HRT’s post-trade platform, which supports the firm’s trading across multiple asset classes and geographies globally. The Middle Office team is responsible for designing and operating processes that reconcile HRT's trading activities with various brokers and counterparties. This involves collaborating with other teams to research corporate actions, manage commissions programs, and track all trading-related costs incurred by the firm. Being a member of the Middle Office team at HRT means working on a tight-knit, highly productive team.

The ETF Middle Office Analyst will be responsible for managing the post-trade lifecycle of ETF transactions. This role involves working cross-functionally to ensure efficient settlement processes and maintaining strong relationships with OTC counterparties. The ideal candidate for this role will have extensive experience in ETFs and be able to contribute to broader Middle Office functions.

Responsibilities

Position Management: Manage and reconcile positions, ensuring accuracy and timely updates within HRT systems
Trade Settlement: Oversee the settlement process for ETF trades, working closely with brokers and counterparties to resolve any issues
Reporting: Generate and distribute regular reports on positions, trades, and settlements to relevant teams and stakeholders
Workflow Improvement: Collaborate with HRT’s Post-Trade and Accounting teams to identify and implement improvements to current workflows and processes
Counterparty Management: Handle onboarding and relationship management with OTC counterparties, ensuring compliance with KYC and legal requirements
Communication: Manage settlement-related emails and ensure timely communication with internal teams and external counterparties

Qualifications

3-5 years of relevant industry experience
Extensive experience in ETF post-trade management and settlements
Strong understanding of settlement processes and financial markets
Ability to work collaboratively in a fast-paced environment
Excellent organizational and cross-functional communication skills
Ability to manage and prioritize multiple tasks effectively
Experience managing relationships with OTC counterparties and handling related communications
Exceptional analytical and problem-solving skills
Meticulous attention to detail and a can-do attitude

Preferred Skills

Familiarity with SQL databases
Python scripting
Familiarity with UNIX operating systems

The estimated base salary range for this position is 120,000 to 160,000 USD per year (or local equivalent). The base pay offered may vary depending on multiple individualized factors, including location, job-related knowledge, skills, and experience. This role will also be eligible for discretionary performance-based bonuses and a competitive benefits package.

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Seniority level