Description:
The Middle Office Analyst is primarily responsible for assisting Asset Managers by providing review/analysis of fund profit and loss accounts and calculating the Net Asset Value (NAV) of funds. They are responsible for highlighting potential operational or valuation issues to the Asset Manager.
Responsibilities:
- Using the firm's systems and other available tools (BloombergNendor data etc.), on a daily basis review and analyse fund profit and loss accounts across asset classes, in order to assist reporting performance to Asset Managers
- Calculate Net Asset Value (NAV) of funds on a daily, weekly and monthly basis including checking accrued income and expenses. Provision of intra-NAV estimates to the Asset Managers when requested
- Liaise with the fund administrator/s to reconcile final fund NAVs
- Review foreign exchange exposures and report to the Asset Managers, highlighting any currency hedging requirements
- Review reconciliations between Custodians, Prime brokers, and the investment engine's internal records, coordinating investigation and/or correction of breaking items where require
- Provide ad-hoc reports to the Asset Managers and senior management regarding performance and historic trading analysis
- Attend meetings with administrators and pricing committees
- Ensure the quality and effectiveness of the pricing governance and controls are maintained through identification and mitigation of pricing risks and the communication/documentation of any enhancements to the framework
- Apply technical understanding to securities pricing across the business
- Review existing systems/processes/procedures and MIS to identify areas of possible enhancements
- Represent the team on wider Man projects such as trading system enhancements and regulatory change integration
- Oversight and monitoring of service providers
Key Skills & Experience:
- Highly numerate
- Experience working in financial services, typically in an investment bank or asset management firm
- Good understanding of traded financial instruments
- A team player, who is also comfortable to take individual ownership
- Strong analytical and problem-solving skills
- Ability to communicate effectively with multiple senior stakeholders