Rates Middle Office Analyst

General information

Entity

Reference

Update date

Job description

Business type

Types of Jobs - Economic and Financial Analysis

Job title

Rates Middle Office Analyst

Contract type

Permanent Contract

Management position

No

Job summary

Job Summary

The London Rates Middle Office Analyst supports the Global Markets Division trading desks by ensuring timely and accurate trade capture, amendments, cancellations, and lifecycle event processing in Front Office systems.

Operating in a fast-paced, international environment,  your role will be to facilitate and smooth the processing of the operations in the processing chains by helping to streamline trade processing and provide effective support.

Responsibilities include accurate trade booking, first-level control and risk oversight, and involvement in business development initiatives such as new market entry, product launches, and adapting to regulatory changes. The role also includes front-line support for booking issues and participation in strategic projects.

Some of your responsibilities will include:

Validation / Booking

• First level of trade input control in Front Office systems (manual bookings)
• Ensure exhaustiveness of daily captures
• Ensure exhaustiveness of Term-sheets sent to other Rates & Equity Middle Office teams
• Modifications in Front Office systems (valuation impact control)

Post trade issue

• Trade Lifecycle Management (booking of events in Front Office systems)
• Supervision of exercises and expiries of trade options
• Investigation & follow-up on breaks and requests sent by Back Office or other Middle Office.

Monitoring

• Collateral reporting on a weekly basis
• Monitoring of the Mandatory Clearing Process in MarkIT Wire
• Monitoring of the Regulatory reporting to DFA & EMIR

Other duties

• Control and coordination of the CVA fees Process
• Support for Front Office (reporting, monitoring, creation of counterparties, etc…)
• Ensure the controls and procedures put in place to support the business and reduce operational risk
• Support for Front Office (reporting, monitoring, creation of counterparties, etc…)

Supplementary Information

Our commitment to you

Join our team at Crédit Agricole CIB, the corporate and investment banking arm of 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2023). We offer more than just a job.

You will be part of a dynamic and collaborative work environment where CSR is embraced in our day-to-day business operation, innovation is encouraged and diversity is celebrated.

Crédit Agricole CIB, the first French bank to have committed to the Equator Principles, is a pioneer and global leader in sustainable finance. Our commitment to sustainability and corporate responsibility means that your work will have a positive impact on our communities and the environment.

With a people-centric culture where everyone is valued, and opportunities for personal and professional growth, Crédit Agricole CIB is not just a place to work – it is where you make an impact.

Our hiring process is open to all and should you have any particular needs or you may require adjustments, please let us know.

Position location

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Degree in finance related subject

Experience

·       Previous Middle Office on Interest Rates Derivatives.

Required skills

• Fluent English.
• Rigorous and organised
• Autonomous
• Ability to work across disciplines
• Good communication both verbally and written
• Proactive
• Reliable
• High technical and analytical ability
• Ability to work under pressure
• Integrity

Languages

English