Fixed Income Middle Office Associate

Support fixed income trades from booking through settlement readiness, strengthening controls and client service.

Help keep markets moving by ensuring fixed income trades progress smoothly from execution through settlement. You’ll partner with trading, sales, operations, technology teams, and clients to deliver accurate trade capture, timely confirmation, and disciplined risk controls. This role blends trade support with client service in a fast-paced environment where details matter. If you enjoy problem-solving, prioritizing under deadlines, and improving processes, you’ll thrive here.

Job summary

As a Fixed Income Middle Office Associate in the Fixed Income Middle Office team, you will support the pre- and post-trade lifecycle across fixed income products, with a focus on Japan Government Bonds (JGBs) and foreign bonds, including outright and repurchase agreement (repo) activity. You’ll help ensure trades are booked accurately, confirmed on time, and ready for settlement, while maintaining strong controls and clear communication with stakeholders. You’ll also contribute to continuous improvement by reducing manual touchpoints and strengthening end-to-end processes.

Job responsibilities

• Manage trade lifecycle events (allocations, amendments, cancellations, corrections, rerates, and post-trade adjustments) with appropriate controls and audit trail.
• Monitor intraday and end-of-day breaks across booking, confirmation, and settlement readiness and drive timely resolution with stakeholders.
• Partner with settlements teams across the globe to help ensure trades are settlement-ready (static data checks, exception handling, fail mitigation).
• Ensure confirmations are issued, matched, and affirmed within required timelines and investigate and resolve discrepancies with clients/counterparties.
• Support repurchase agreement (repo) processing events (start/close legs, roll/extend events, substitutions where applicable, and alignment of rate/interest accruals).
• Act as a point of contact for client/counterparty inquiries related to trade status, booking details, settlement readiness and documentation workflows.
• Provide clear and timely updates, manage expectations, and escalate aging or higher-risk items with discipline.
• Identify recurring issues (data quality, workflow gaps, system defects) and contribute to remediation and control enhancements.
• Support change delivery, including testing/user acceptance testing for enhancements, and maintain procedures, runbooks, and knowledge sharing.
• Partner with technology teams and other operations teams to resolve issues in a timely manner and drive issues through to resolution.
• Facilitate business requests from clients and front office by establishing sustainable operational workflows with robust controls.

Required qualifications, capabilities, and skills

• Demonstrated understanding of the fixed income trade lifecycle and post-trade processing concepts across outright and repurchase agreement (repo) activity.
• Strong attention to detail, control mindset, and ability to manage time-sensitive workflows in a high-volume environment.
• Fluent Japanese and English communication skills (written and verbal) to engage internal stakeholders and external clients/counterparties.
• Proficiency in Excel and comfort navigating multiple booking, confirmation, and settlement systems and digital tools.

Preferred qualifications, capabilities and skills

• Experience supporting Japan Government Bonds (JGBs) and/or other government bond markets.
• Familiarity with trade confirmation and affirmation workflows across fixed income products.
• Experience driving process improvements (automation, workflow redesign, control enhancements) in a middle office or operations environment.