Middle Office Associate - Security Finance - APAC

3 Minutes ago • 2 Years +

Job Summary

Job Description

The Middle-Office Associate APAC will be responsible for the timely settlement of Securities Lending and Borrowing activities and cross-border transactions in Asian-Pacific listed equities and ETFs. This involves liaising with front-office traders and Middle-Office operations to track and resolve potential exchange and stock loan-related fails. The associate is expected to operate, enhance, and test the Group's constantly evolving in-house systems and solutions, ensuring efficient operations and contributing to strategic decision-making.
Must have:
  • 2 years of experience in a Settlement function covering Asia-Pacific markets.
  • Strong written and verbal English skills.
  • Excel proficiency.
  • Fundamental understanding of SLB activities.
  • High degree of comfort with computers and technology.
  • Solid academic background with knowledge in relevant fields.
Perks:
  • Competitive salary package.
  • Performance-based annual bonus (cash and stocks).
  • Hybrid working model (3 days office/week).
  • Group Medical & Life Insurance.
  • Modern offices with free amenities & fully stocked cafeterias.
  • Monthly food card & company-paid snacks.
  • Hardship/shift allowance with company-provided pickup & drop facility.
  • Attractive employee referral bonus.
  • Frequent company-sponsored team-building events and outings.

Job Details

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Middle-Office Associate, Securities Financing APAC

The Middle-Office Associate APAC will be responsible for the timely settlement of Securities Lending and Borrowing activities and cross-border transactions in Asian-Pacific listed equities and ETFs. By liaising with front-office traders and Middle-Office operations across IBKR's counterpart universe, you will help track and resolve potential exchange and stock loan-related fails. The Middle-Office associate is expected to operate, enhance, and test the Group's constantly evolving in-house systems and solutions.

Responsibilities

  • Monitoring and processing of SLB transactions and cross-border instructions in external clearing systems (e.g., CCASS) as well as internally developed systems
  • Ensure timely settlement of unmatched/pending SLB transactions with our external counterparties and cross-border instructions.
  • Responding to internal and external inquiries for unmatched/matched/settled SLB transactions
  • Processing of conduit-related stock returns
  • Coordination with Front-Office traders and Back-Office groups with respect to operational matters
  • Reconciliation of SLB contracts in external vendor solutions
  • Support the SLB Billing team for inquiries related to potential counterpart discrepancies
  • Constantly evaluate systems and processes to identify inefficiencies and recommend enhancements
  • Support the Supervisor Securities Financing APAC in strategic decision-making in relation to operations

 

Qualifications

  • Solid academic background (minimum Bachelor's degree) showing strong knowledge in Mathematics, Science, Accounting, Finance or Business
  • Minimum of 2 years of experience in a Settlement (Back-, Middle-Office) function covering Asia-Pacific markets
  • Strong written and verbal English skills. German, French, and Hindi language skills are a plus.
  • Excel proficiency
  • Fundamental understanding of SLB activities
  • High degree of comfort and fluency with computers and technology, and understanding of how technology is applied to business or an ability to develop this rapidly
  • Logical approach to problem solving
  • Detail-oriented with solid math skills
  • Ability to efficiently handle multiple tasks
  • Self-motivated and energetic
  • Professional demeanor with good communication skills
  • Ability to work in a small-team environment with a servicing attitude
  •  

Company Benefits & Perks: 

  • Competitive salary package.
  • Performance-based annual bonus (cash and stocks).
  • Hybrid working model (3 days office/week).
  • Group Medical & Life Insurance.
  • Modern offices with free amenities & fully stocked cafeterias.
  • Monthly food card & company-paid snacks.
  • Hardship/shift allowance with company-provided pickup & drop facility*
  • Attractive employee referral bonus.
  • Frequent company-sponsored team-building events and outings.

* Depending upon the shifts.

**The benefits package is subject to change at the management's discretion.

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About The Company

Interactive Brokers Group, Inc. (NASDAQ: "IBKR") is a direct access electronic broker catering to the needs of professional and frequent traders, institutional investors, financial advisers, and introducing brokers. For over 40 years, Interactive Brokers has been the pioneer of the electronic trading revolution. We rapidly scaled from a small U.S. options market-maker into a sizable global trading firm by leveraging the power of technology and automation. We are committed to delivering value through technological innovation and providing our clients with unprecedented access to global markets at the lowest cost.
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