Mid Office Analyst

The Mid Office Team at IMC is seeking a Mid Office Analyst; in this dynamic role, you’ll drive trade reconciliation and settlement accuracy, swiftly resolve discrepancies, and ensure seamless trade flow across platforms in collaboration with IT and trading teams. You’ll play a critical part in managing accounts, monitoring margins, and calculating P&L, all while fostering a culture of continuous improvement and automation in a fast-paced environment. 

Your Core Responsibilities:

• Perform intraday and next-day trade reconciliation
• Identify and resolve trade/settlement breaks, analyze to determine root causes, and ensure timely corrections at the clearing firm.
• Work with IT and Trading to ensure proper trade flow; onboard new exchanges, clearing firms, and trading platforms.
• Understand the life cycle of a trade from the time we execute to the time it settles in the account, including the fees associated with each transaction.
• Liaise between clearing firms and trading; open new accounts and execute position/trade/cash transfers.
• Monitor high-level account balances and margin/collateral requirements in conjunction with risk.
• Calculate/reconcile daily P&L as well as reconcile monthly invoices with exchanges/clearing/etc.
• Work with IT and trading to establish connectivity to the exchanges
• Quickly learn new tools/procedures/structures and continually look for ways to improve upon them
• Work with large amounts of data and create ad hoc reports as needed
• Maintain an automation mindset, looking for areas of improvement and striving for continuous improvement
• Work in cross-functional teams to create solutions across departments and to improve quality and efficiency within support
• Interact with other areas of support on a daily basis and understand important risk, compliance, finance, and legal topics

Your Skills and Experience:

• 2-5 years of work experience in finance or trading environment preferred
• Bachelor’s in Finance, Economics, Mathematics, or related quantitative field (B.S. preferred)
• Prior interaction with trading and/or technology groups is a plus
• Database knowledge a plus (SQL preferred)
• Experience with reporting platforms a plus (Qlikview or Power BI is a plus)
• Must have series 7 or be prepared to work towards obtaining a series 7
• Strong analytical and problem-solving skills
• Adaptable and able to work well under pressure
• Team player with strong communication skills
• Ability to gather and communicate business requirements
• Strong MS Office application skills

Please note that immigration sponsorship is not offered for this specific opening.