The Middle Office team at Hudson River Trading (HRT) is responsible for ensuring the smooth operation of HRT’s post-trade platform, which supports the firm’s trading across multiple asset classes and geographies globally. The Middle Office team is responsible for designing and operating processes that reconcile HRT's trading activities with various brokers and counterparties. This involves collaborating with other teams to research corporate actions, manage commissions programs, and track all trading-related costs incurred by the firm. Being a member of the Middle Office team at HRT means working on a tight-knit, highly productive team.
The ETF Middle Office Analyst will be responsible for managing the post-trade lifecycle of ETF transactions. This role involves working cross-functionally to ensure efficient settlement processes and maintaining strong relationships with OTC counterparties. The ideal candidate for this role will have extensive experience in ETFs and be able to contribute to broader Middle Office functions.
Responsibilities
- Position Management: Manage and reconcile positions, ensuring accuracy and timely updates within HRT systems
- Trade Settlement: Oversee the settlement process for ETF trades, working closely with brokers and counterparties to resolve any issues
- Reporting: Generate and distribute regular reports on positions, trades, and settlements to relevant teams and stakeholders
- Workflow Improvement: Collaborate with HRT’s Post-Trade and Accounting teams to identify and implement improvements to current workflows and processes
- Counterparty Management: Handle onboarding and relationship management with OTC counterparties, ensuring compliance with KYC and legal requirements
- Communication: Manage settlement-related emails and ensure timely communication with internal teams and external counterparties
Qualifications:
- 3-5 years of relevant industry experience
- Extensive experience in ETF post-trade management and settlements
- Strong understanding of settlement processes and financial markets
- Ability to work collaboratively in a fast-paced environment
- Excellent organizational and cross-functional communication skills
- Ability to manage and prioritize multiple tasks effectively
- Experience managing relationships with OTC counterparties and handling related communications
- Exceptional analytical and problem-solving skills
- Meticulous attention to detail and a can-do attitude
Preferred Skills:
- Familiarity with SQL databases
- Python scripting
- Familiarity with UNIX operating systems
