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OTC Middle Office Analyst

AT Hudson River Trading
Hudson River Trading

OTC Middle Office Analyst

London, United Kingdom

The Middle Office team at HRT is responsible for ensuring the smooth operation of HRT’s post-trade platform. Middle Office designs and operates the systems and processes that reconcile the firm’s trading with our various brokers and counterparties across asset classes and geographies. In addition to reconciling trades and positions around the globe, Middle Office collaborates with multiple teams to research corporate actions, maintain commissions programs, and track all costs incurred by our trading.

HRT is looking for a Middle Office Analyst to be responsible for managing the post-trade lifecycle of ETF and other Equity transactions. This role involves working closely with various teams to ensure efficient settlement processes, handle emails, and maintain strong relationships with OTC counterparties. The ideal candidate will apply their extensive experience in ETFs and deep understanding of European settlements to strengthening broader Middle Office functions.

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Responsibilities

  • Position Management: Manage and reconcile positions, ensuring accuracy and timely updates in the system
  • Trade Settlement: Oversee the settlement process for 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 the 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

  • Bachelor’s degree in computer science, finance, engineering, physics, math, or a related technical discipline 
  • Extensive experience in ETF post-trade management and settlements
  • Strong understanding of settlement processes and financial markets
  • Excellent organizational and communication skills
  • Ability to manage multiple tasks and prioritize effectively
  • Experience in communicating with OTC counterparties
  • Strong attention to detail and a can-do attitude
  • Strong analytical and problem-solving skills
  • Ability to work collaboratively in a fast-paced environment
  • Familiarity with SQL databases is preferred
  • Familiarity with Python scripting and UNIX operating systems is a plus

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 proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Client-provided location(s): London, UK
Job ID: 6117214
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Mental Health Benefits
    • Virtual Fitness Classes
    • FSA
    • FSA With Employer Contribution
    • HSA
  • Parental Benefits

    • Family Support Resources
    • Fertility Benefits
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
  • Work Flexibility

    • Hybrid Work Opportunities
    • Remote Work Opportunities
    • Work-From-Home Stipend
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Some Meals Provided
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Sabbatical
  • Financial and Retirement

    • 401(K)
    • Performance Bonus
    • Relocation Assistance
    • 401(K) With Company Matching
  • Professional Development

    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Learning and Development Stipend
    • Promote From Within
    • Lunch and Learns
    • Internship Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Founder led
    • Diversity, Equity, and Inclusion Program