Middle Office Operations Lead
Job Description
- Experience with programming languages such as Python
- Oversee daily middle office operations and reconciliation.
- Manage, mentor, and develop operations analysts.
- Ensure accurate audit documentation and daily checklists.
- Act as primary escalation for trade discrepancies.
- Support internal and external audits.
- Reconcile and approve complex invoices.
- Provide training on operational procedures and systems.
- Collaborate with trading and technology for efficiencies.
- Develop data analysis and reporting solutions.
- Identify control gaps and implement safeguards.
- Bachelor’s degree in Finance, Economics, Mathematics, or related field.
- 10+ years in middle office or post-trade operations.
- Prior management and team leadership experience.
- Strong understanding of financial products and trade lifecycle.
- Proficiency in MS Excel, SQL, Qlik, Tableau, relational databases.
- Excellent problem-solving, organizational, communication skills.
- Ability to thrive under pressure in a dynamic environment.
- Discretionary bonus
- Paid leave
- Insurance
Middle Office Operations Lead
The Middle Office Operations Lead plays a pivotal role in overseeing critical daily processes that directly support trading activities and ensure the integrity of financial reporting. This position is responsible for position and trade reconciliation, P&L reconciliation, and trade support across a team of analysts— ensuring accuracy, timeliness, and completeness in every task. Success in this role requires exceptional communication skills, meticulous attention to detail, and the ability to lead by example in a fast-paced trading environment.
Key Responsibilities
- Oversee daily middle office operations including start-of-day reconciliation, P&L reconciliation, and trade support; ensure all breaks and discrepancies are resolved promptly
- Manage, mentor, and develop a team of operations analysts dedicated to these core daily processes
- Verify completion of daily checklists and ensure proper audit documentation for all operational tasks
- Actively rotate into daily workflows to maintain a strong understanding of processes and serve as a second set of eyes for the team’s output
- Serve as the primary escalation point for trade discrepancies, reconciliation issues, and operational challenges impacting trading
- Support internal and external audits with timely documentation and accurate responses
- Collaborate on month-end reporting and deliverables
- Own reconciliation and approval of complex invoices while guiding direct reports to process their assigned invoices accurately and efficiently
- Provide ongoing training and guidance on operational procedures, best practices, and systems; maintain up-to-date documentation for all workflows
- Partner with trading and technology teams to identify opportunities for workflow efficiencies, process automation, and improved controls
- Develop data analysis and reporting solutions to address ad hoc operational needs
- Proactively identify control gaps and implement effective safeguards in daily operations
- Collaborate with the projects and solutions team to implement new processes for emerging business lines
- Help projects and solutions team to provide feedback to our clearing firms on operational excellence
Qualifications and Skills
- Bachelor’s degree in Finance, Economics, Mathematics, or a related field
- 10+ years of experience in middle office or post-trade operations, ideally within a trading firm or investment bank
- Prior management and team leadership experience required
- Strong understanding of financial products (equities, derivatives, fixed income, futures, etc.)
- In-depth knowledge of the trade lifecycle and clearing processes
- Proficiency in MS Excel, SQL, and reporting platforms (Qlik, Tableau, etc.); experience with relational databases required
- Experience with programming languages such as Python is a plus
- Excellent problem-solving, organizational, and communication skills
- Ability to thrive under pressure and manage multiple priorities in a dynamic, real-time environment
Please note that immigration sponsorship is not offered for this specific opening.
The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.
Salary Range
$165,000 - $195,000 USD
About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we’ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.
