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  • 8 August 2008
  • Reference: JR199214
  • The Structured Product Middle Office Analyst

  • City of London £25.00 - £28.00 p/hr Temporary

Structured Product Middle Office Analyst
£ 25.00 - £28.00 PH
City Of London

This renowned international investment bank with an outstanding reputation worldwide is looking for exceptional and highly experienced Structured Product Middle Office Analyst.

The Structured Product Middle Office (SPMO) is a newly created group responsible for supporting the cross-product transaction management of all structured trades in Europe. This centralised group provides support to both the Structure's and the Trading Desks. A temporary role has arisen within the team, involving day-to-day support of SPMO, specifically within the SPV Control Team

The team coordinates with Clients & Vendors as well as a broad cross-section of internal departments & vendors, Traders, Legal, Global Operations, Controllers and others to ensure efficient transaction settlement.

The role within this team encompasses the following responsibilities

*Logging all incoming invoices into control systems, and validating their legitimacy.
*Reconciling billed amounts to original provision taken for that SPV trade.
*Liaising with internal Middle Office's & Structuring teams to agree additional provisions where required.
* Investigating invoice discrepancies.
* Liaising with senior Middle Office & Business Managers to complete the approval process.
* Regular liaison with Service providers to agree outstanding populations & invoice details.
* Dealing with Service provider queries.

You must ideally have a good background in Derivatives gained from preferably a Middle Office background as well a good understanding of structured products. You will be an exceptional communicator is confident in dealing with demanding business people.

If you're looking for a temp role in a dynamic environment with the skills and experience outlined then we look forward to hearing from you.

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