Middle Office Analyst
Mississauga, ON, Canada
Job Description
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Middle Office Analyst
Location: Mississauga, ON, Canada
Date Posted: Mar 31, 2023
Description
The Apex Group was established in Bermuda in 2003 and is now one of the world\xe2\x80\x99s largest fund administration and middle office solutions providers. Apex has continually improved and evolved its product suite by surrounding these core administrative services with additional products spanning the full value chain of a fund; from information delivery and regulatory products to fund platforms and tax services. The globally distributed service model has rapidly expanded through a combination of organic growth and more recently bolstered by acquisition. Service is now delivered by over 10,000+ staff across 50+ offices. The Apex Group administers circa $2.3 trillion in assets, including the investments of some of the largest funds and institutional investors in the world
Middle Office Analyst
The Role & Key Responsibilities :
- Confirmation/Settlement of trades with counterparties and prime brokers on a daily basis on all place of settlements, including Euroclear, DTC, FED, CDS, CREST as well as domestic settlement
- Liaising with front office, prime brokers, as well as counterparty and executing brokers on operational/settlement matters
- Proactively monitoring, investigation and reconciliation of trade breaks
- Trade support for various fixed income products including (but not limited to) Credit Default Swaps, CDS Indices and CDO\xe2\x80\x99s, including bilateral DTCC settlement and cleared trades.
- Reviews, researches, and resolves reconciliation items of various books and records on a daily basis, including positions, pricing, trade-date and settle-date cash, accrued interest, etc.
- Supports ongoing general fund cash management, also working closely with the transfer agency/investor services group to monitor cash movements pertaining to investor subscriptions and withdrawals
- Completes reviews of mandatory and voluntary corporate action events (including: stock splits, stock dividends, spin-offs, exchanges, mergers, tenders, etc.) and ensures proper documentation is in place
- Review of Daily PnL calculations
- Review of Daily Compliance checks
Skills Required:
- Bachelor of Science in Accounting/Finance, or a relevant qualification
- Understanding or knowledge of various security types \xe2\x80\x93 Bonds, Equities, Futures, CDS, CDS Indices, Term Loans, Revolver, Warrants, Forwards, ABS, MBS, TRS, etc.
- Understanding of trade lifecycle
- Knowledge and understanding of securities and other financial instruments with an emphasis on Fixed Income Instruments.
- Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Calypso, Bloomberg VCON, Markit, IceLink,, DTCC preferred
Role-Specific Competencies/Skills:
- Strong client service and interpersonal skills
- Strong communication and analytical skills
- Strong organisational skills
- Accurate and acute attention to detail
- Adaptability - able to change tasks quickly as business needs dictate
- Uses discretion when dealing with sensitive and confidential information
- Excellent oral and written communication skills and demonstrated ability to adapt communication style to audience
- Proven ability to prioritize responsibilities, manage time effectively and meet deadlines accordingly
- Self-motivated
- Punctuality
Corporate Competencies:
- Initiative
- Responsiveness/Sense of urgency
- Accountability
- Integrity
What you will get in return:
- A high level of visibility within a large organisation on an upwards trajectory
- The ability to define marketing processes to drive innovation and have a tangible impact on the business
- Be part of a dynamic and fast-paced team that makes a genuine impact on revenue and sales pipeline.
- Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly.
- Opportunity to work with a diverse, agile and global marketing team.
- The opportunity to innovate, bring discipline to brand activity and really make a difference.
Additional information: We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.
For more information on our commitment to Corporate Social Responsibility (CSR) please visit https://theapexgroup.com/csr-policy/
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Job Detail
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Job IdJD2143716
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationMississauga, ON, Canada
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EducationNot mentioned