Mid Office Associate
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Job Location:
Amsterdam - Netherlands
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
About the role:
IMC is seeking an Associate to join the Middle Office this role you will identify investigate and reconcile trade position and cash exceptions working directly with trading desks clearing firms exchanges and brokers. Youll have the unique opportunity to work side-by-side with Traders while building a high-level understanding of the business through daily cross-functional relationships. As part of a collaborative team of smart technically strong individuals youll continue to develop your skills and broaden your knowledge of financial markets as the business grows and evolves.
Your Core Responsibilities:
- Identify investigate and reconcile trade position and cash breaks
- Own the daily P&L substantiation reconciliation and daily management reporting
- Reconcile trading fees with exchanges and clearing brokers
- Process invoices and manage any discrepancies directly with brokers/exchanges
- Ensure all current Middle Office operations processes and procedures are the most efficient and effective via continuous review
- Collaborate with our Back Office/Business Intelligence IT teams on specifications and improvements to Middle Office applications and tools
- Provide operational support to a wide range of trading desks
- Perform ad hoc portfolio analysis and project work as needed
- Arrange cash transfers to meet funding requirements
- Work with the Finance team on month end accounting
Your Skills and Experience:
- Bachelors Degree in Finance Economics and Accounting is preferred
- 5 years of working experience in a similar role at an Investment Bank Pension/Hedge Fund Asset Management
- Accounting/Finance experience is highly desirable
- Experience with derivative products is highly desirable
- Experience with Power and Energy commodities or FX is beneficial
- Strong Excel skills (VBA Macro experience preferred)
- Basic Python (coding) skills and SQL skills are preferred
- Experience with trade settlement with clearing firms or processing invoices is desirable
- Motivated proactive and with ability to adapt and embrace new technologies
- Strong problem-solving skills and proven track record of improving processes
- Tenacious dynamic and curious personality with strong interpersonal skills
- Excellent written and verbal communication skills in English
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989 weve been a stabilizing force in financial markets providing essential liquidity upon which market participants depend. Across our offices in the US Europe Asia Pacific and India our talented quant researchers engineers traders and business operations professionals are united by our uniquely collaborative high-performance culture and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies and from developing an innovative research environment to diversifying our trading strategies we dare to continuously innovate and collaborate to succeed.
Required Experience:
IC
Key Skills
- Airside Operations
- Desktop Support
- Corporate Risk Management
- Gallery
- Agile Testing
- Humming Bird
About Company
0-50 employees
IMC is where the brightest minds in trading, technology, and quant research come together to solve the industry’s greatest challenges. Explore careers with us.
