Middle Office Analyst (Product Control)

at  Optiver

WHO WE ARE

Optiver is a global market maker founded in Amsterdam, with offices in London, Chicago, Austin, New York, Sydney, Shanghai, Hong Kong, Singapore, Taipei and Mumbai. Established in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management. By providing liquidity on multiple exchanges across the world in various financial instruments we participate in the safeguarding of healthy and efficient markets. We provide liquidity to financial markets using our own capital, at our own risk, trading a wide range of products: listed derivatives, cash equities, ETFs, bonds and foreign currencies.
Optiver’s Sydney office is one of the primary players within Asian markets, trading a range of products. Established in 1996, we’re an active participant on the Hong Kong, Korea, Singapore, India, Taiwan and Japan exchanges, and act as Optiver’s APAC head office.

Middle Office provides independent control of trading activities and is responsible for validating the trading balance sheet and ensuring the accuracy of P&L reporting. The team supports the business by providing timely and accurate information and ensuring that operational requirements are optimised. Middle Office provides the link to our (outsourced) back-office teams, and internally works closely with Trading, Risk, Compliance, Financial Control, and Management Reporting. The essence of this role requires:

• Accountability for the execution and reporting of daily P&L though validation and ownership of the trading balance sheet, trading position valuation, in-line with policy
• Ownership of the month end Trading ledger process, ensuring accounting in accordance with IFRS pronouncements
• Capacity to understand and explain desk trading strategies
• Applying your knowledge of financial products to ensure correct valuation and accounting of financial instruments
• Be the primary escalation point for traders and other key stakeholders, both internal and external
• Guiding and supporting junior team members
• Identifying and initiating small projects to improve efficiencies
• Supporting trading with ad hoc requests
• Ensuring operational optimisation for new trading strategies