Open Roles

Middle Office Operations Associate

Chicago, IL

Sponsorship not specifiedDetected 25 days ago

AccountingExcelResearchCommunicationPublic SpeakingMicrosoft Office

About the role

The Middle Office Operations Associate, will play a critical role in supporting daily operational processes across the trade lifecycle, including trade settlement, reconciliation, and cash management for diverse fund types across multiple custodians.

Ensure that daily trading operations run smoothly, including support for derivative and cross-asset trading, managing collateral, and cash management activities.
Collaborate with traders, portfolio managers, and back-office teams to ensure alignment in trading strategies and processes.
Manage cash flows and liquidity requirements to support trading activities.
Develop and implement best practices for accounting, reporting, and reconciliation of trading activities.
Analyze trade data and prepare reports to inform decision-making and optimize trade performance.
Maintain up-to-date knowledge of market regulations, trading technologies, and financial products.
Work closely with internal and external partners to ensure accuracy and transparency in reporting and reconciliation.
Ability to quickly identify issues, analyze data, and implement effective solutions.
Excellent verbal and written communication skills for collaborating with multiple custodial and fund accounting partners and presenting reports.
Our platform offers best-in-class strategic guidance, product planning, trust and fund services, legal support, operations support, marketing and research, and sales and distribution services.

Minimum of 3+ years of experience in the brokerage and/or financial advisory industries, with a solid working knowledge in derivatives, fixed income products, and securities clearing.
High degree of accuracy and thoroughness in managing trading operations and handling large volumes of financial data.
The role demands a professional with close attention to detail and the ability to assist in optimizing trading workflows.

Experience with trading platforms, order management systems (OMS), and post-trade processing.
Familiarity with regulatory requirements related to trading activities.
Experience working in a high-paced, deadline-driven environment.
Bachelor's degree in Finance, Accounting, Economics, or a related field is preferred.
An advanced degree or relevant certification (e.g., CFA, CPA) is a plus.

This individual will be expected to bring a strong understanding of equity, derivative, and fixed income products, ensuring accurate and efficient trade execution and post-trade operations.

This listing is sourced directly from Open Roles's careers page and normalized into a canonical job model.