Middle Office Senior Analyst

Job Description Role Purpose

The Senior Analyst, Middle Office plays a critical role in ensuring the accurate and timely processing, control, and oversight of post-trade activities across multiple asset classes. The role holder is responsible for the daily execution and control of transaction reporting obligations, bond and derivative settlements, and collateral management activities, ensuring full compliance with internal policies, regulatory requirements, and market best practice.

The role requires strong technical knowledge of trade life cycles, settlement processes, and regulatory reporting frameworks, alongside the ability to identify, investigate, and resolve exceptions efficiently. The Senior Analyst will work closely with Front Office, Operations, Finance, Risk and external counter parties to ensure trades are processed accurately, risks are mitigated, and operational integrity is maintained.

As a senior member of the Middle Office function, the role holder is expected to act as a subject matter expert, providing guidance to colleagues, contributing to continuous improvement initiatives, and supporting a strong control environment across all assigned processes.

• Perform daily processing, validation, and submission of transaction reporting in line with applicable regulatory requirements (e.g. EMIR, MiFID, SFTR where applicable).
• Ensure completeness, accuracy, and timeliness of reported data, investigating and resolving reporting breaks, rejections, and reconciliations.
• Maintain strong controls and evidence to support regulatory compliance and audit requirements.
• Support ongoing enhancements to transaction reporting processes, controls, and documentation.

• Manage the end-to-end settlement process for bond, repo and derivative transactions, ensuring timely and accurate settlement in accordance with market conventions and contractual terms.
• Monitor settlement status, investigate and resolve fails, and, where required, elevate issues to minimise financial and operational risk.
• Liaise with counter parties, custodians, and internal stakeholders to resolve settlement issues efficiently.
• Ensure settlement instructions and static data are maintained accurately and in line with agreed controls.

• Perform daily collateral management activities, including margin calculations, margin calls, confirmations and dispute resolution.
• Monitor collateral movements and exposures to ensure compliance with contractual and regulatory requirements.
• Reconcile collateral balances and investigate discrepancies in a timely manner.
• Maintain accurate records and reporting relating to collateral positions and movements.

• Operate within a strong control framework, proactively identifying operational risks and control weaknesses.
• Support internal and external audits, regulatory reviews and ad-hoc information requests.
• Ensure procedures, controls and process documentation are kept up to date and adhered to.

• Act as a key point of contact for Front Office, Risk, Operations, Finance and external parties on Middle Office processes.
• Provide guidance and support to junior team members, acting as a point of escalation where required.
• Identify opportunities for process improvement, automation and efficiency gains, contributing to the ongoing development of the Middle Office function.

• Education to A level standard or similar demonstrable experience.
• 5 years+ experience in a Middle Office, Transaction Reporting or similar role within Banking Operations.
• Strong working knowledge of trade life cycles, settlement and confirmation processes, operational risks and controls.
• Prior exposure to Transaction Reporting, Bond/Fixed Income settlements and/or Repos.
• Familiarity with Interest Rate and FX Derivatives and Collateral Management desired, but not essential.
• Demonstrated experience in taking ownership, improving processes and adopting a proactive approach to work and professional development.

• Hybrid working (3 days on‑site)
• Contributory personal pension plan:
  Minimum Employee 2% and Employer 7%;
  Employer matches contributions in 1% increments to a maximum of Employee 5% and Employer 10%.
• Life Assurance – 4 times annual salary
• Group Income Protection
• Private Medical Insurance – may include cover for partner and/or children at company cost, covering Optical, Dental and Audiology.
• Discretionary Bonus
• Competitive Annual Leave
• 2 Volunteering Days
• Benefit Hub