Middle Office Analyst – IMC Trading

WHO WE ARE AND WHAT WE DO

IMC is a leading global market maker, using algorithmic trading and advanced technology to buy and sell securities on multiple trading venues worldwide. We provide liquidity to the financial markets, driving efficiencies for buyers and sellers.

Founded in 1989, we are an ambitious, innovative company and identified early on the importance technology would play in the fast-paced evolution of trading. This entrepreneurial spirit still drives us today and can be found in all of our offices around the world.

OUR TEAM

We now operate globally from offices in Europe, the US and Asia Pacific. Our employees work closely together in multidisciplinary teams, making our success possible.

Technology – At IMC, technology is not a department, it is at the heart of everything we do. Our technologists push the limits of possibility, and then look beyond. In our fast-paced environment, short feedback loops mean projects worked on in the morning can enter production the next day.

Trading – Although our traders come from many backgrounds they all have one thing in common: they are at their best solving complex problems. Their insight into global events, market shifts and pricing ensure we are trading in the right place, at the right time.

Business Support – Around the world, IMC’s business support teams are essential for sustaining our success. In our dynamic environment, we have many exciting challenges and multidisciplinary opportunities to shape our operations and make a real impact.

OUR CULTURE

Our employees are our greatest asset so we give them lots of responsibility and the support they need to make a difference. Our flat structure fosters a culture of openness and collaboration, encouraging the sharing of ideas and knowledge. It makes no difference if you have been with us for three days or three years, the best idea wins.

While we work hard, we also have a lot of fun; whether solving complex challenges or in team building, leisure and sporting activities. IMC also enables its employees to contribute towards a better society through our foundation.

Mid-Office Analyst @ IMC

Key Accountabilities:

• Perform intraday and next day trade reconciliation
• Identify and resolve trade/settlement breaks, conduct analysis to determine root causes, and ensure timely corrections at clearing firm
• Work with IT and Trading to ensure proper trade flow; onboard new exchanges, clearing firms, and trading platforms
• Understand the life of a trade from the time it is executed to the time it settles in the account, including the fees associated with each transaction
• Liaise between clearing firms and trading; open new accounts and execute position/trade/cash transfers
• Monitor high level account balances and margin/collateral requirements in conjunction with risk; execute transfers to properly fund accounts and lower margin requirements
• Calculate daily P&L
• Work with exchanges and outside vendors to reconcile fees
• Work with IT and trading to establish connectivity to the exchanges
• Quickly learn new tools/procedures/structures and continually analyze and look for ways to improve upon them
• Work with large amounts of data and create ad hoc reports as needed; look for long term solutions for reporting
• Work in cross functional teams to create solutions across multiple departments and to improve quality and efficiency within support
• Interact with other areas of support on a daily basis and understand important risk, compliance, finance, and legal topics

Knowledge and skill requirements

• Bachelor’s in Finance, Economics, Mathematics, or related quantitative field (B.S. preferred)
• 1-2 years work experience in finance or trading environment preferred but not required
• Prior interaction with trading and technology groups a plus
• Strong MS Office application skills (VBA knowledge a plus)
• Database knowledge a plus (SQL preferred)
• Must have series 7 or be prepared to get series 7 within 6 months of hire
• Strong analytical and problem solving skills
• Adaptable and able to work well under pressure
• Team player with strong communication skills
• Ability to gather and communicate business requirements

OUR HIRING PROCESS

To set you up for success, you can find our hiring process including tips on applying and interviewing with us on our website. Now it’s up to you! Apply today to start an amazing journey with IMC.