Associate Director, Middle Office

Associate Director, Middle Office

            New York, NY or Princeton, NJ (Hybrid)

Central to this $150Bil AUM Asset Manager’s culture is the strong commitment to both our clients and employees. We believe a connection exists between satisfied clients and happy employees. We promote a high degree of autonomy and place accountability across investment teams and offices. We encourage collaboration, innovation, and professional development as anchors to our culture.

Why What We Do Works 

For the last 80+ years we have partnered with clients to help meet their investment goals through high quality products and exceptional service. As active managers, we serve a prominent group of pension funds, government and financial institutions, family offices, high net worth individuals, endowments, and foundations from across the globe.

Role

Our Investments team (largely focused on Fixed Income) has been steadily growing both in terms of AUM and complexity.

In order to maximize our ability to add value and partner in the growth of our business, the Middle Office team is looking for a Team Leader to provide daily support of multiple products while also focusing on value-add initiatives such as subject matter expertise, process improvement and documentation, project management and organization.

We are seeking an individual with a solid understanding of Buy Side Middle Office support across various products.  Someone who will be able to apply these skills appropriately to an organization with the size and scale of this $150B AUM Asset Manager.

Responsibilities

• Organize, prioritize and Lead Team of four middle office staff
• Oversea a managed service team (offshore) responsible for providing Middle Office support
• Support trade life cycle events across many Fixed Income and International Equity asset classes and general oversight for the department
• Experience and understanding daily counterparty exposure, collateral service agreements (CSA), (MSFTA) and variation margin and initial margin (FCM) requirements for Futures and OTC and tri-party collateral.
• Understanding workflows and concepts related to Bank Loans
• Provide escalation for middle office team across business lines and work with bank, brokers and internal groups to solve problems

• Analyze, document and improve current processes and controls

Requirements / Skills

• 8-10 years of recent experience in Asset Management (Buy Side) Middle Office team and several years of leadership experience
• Oversight and organizational skills
• Proactive Team Lead Mentality
• Understanding of post execution, confirmation, settlement and fail resolution of Fixed Income and Equity products like Corp Bonds, Treasury’s , Cash Equities (Domestic and Foreign) and Mortgages
• Knowledge of Omgeo’s suite of post execution applications
• Knowledge of various derivative products such as Futures, OTC, FOREX, Bank Loans
• Experience and comfort dealing directly with clients, investment teams, and other senior stakeholders
• Strong Communication and interpersonal skills. Able to work in team environment
• Highly organized, detail oriented, ability to multi task and problem solve
• Team lead mentality
• Advanced Microsoft Office Skills
• Relevant Applications: Bloomberg AIM, WSO, Clearpar, Tradeflow, Omgeo,