OTC Middle Office Analyst

at  Hudson River Trading

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.

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

• 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