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The Middle Office group is a part of larger FinOp department and is responsible for securities and transaction Management across all asset classes. The group ensures that all client transactions are booked into Arcesium platform, and any exception is addressed actively. The group is also responsible for Asset Servicing (coupons, paydowns, expiries, etc.) and Corporate Action management across various financial instruments. The group also works on managing the Reference and Static data on Arcesium platform. The group members collaborate with multiple internal and external stakeholders to ensure that all transaction and security data on Arcesium platform results in correct and expected PnL.
Job Responsibility:
Lead and own accountability for the team's delivery of daily transaction processing, security master management, reference data integrity, and asset servicing operations across multiple asset classes and clients
Drive client onboarding excellence by playing a key role from the Middle Office perspective in transitioning new clients from onboarding teams to steady-state operations on the Arcesium platform
Provide active operational oversight of day-to-day operations and resources, including escalation management, business-as-usual troubleshooting, and setting clear direction and performance goals for team members
Execute strategic initiatives by working with Senior Management across NY, India, and local offices to define and implement new automations, prioritize projects, manage client relationships, and oversee client budgets
Drive operational improvements through discussions with investment managers, client-ops teams, and data vendors to resolve day-to-day exceptions while developing strategic initiatives that enhance service delivery
Partner with technology teams on platform enhancements by assisting in special projects, developing bespoke reports, creating functional specifications, supporting product implementation, and conducting UAT testing
Collaborate cross-functionally with pricing and trade accounting teams to resolve discrepancies, respond to internal queries, and ensure data consistency across the platform
Oversee complex security mapping by assisting the team and performing review controls for intricate asset classes, ensuring accurate product setup and lifecycle management
Support audit and compliance processes by aiding auditors and fund administrators during audit cycles, providing documentation and analysis as required
Requirements:
MBA, MSc in Finance, CFA, or any another equivalent qualification
10+ years of experience in Middle Office, Corporate Actions, or Investment Operations
At least 3-4 years in a team leadership or managerial role
Experience in security master/reference data management and/or corporate action processing
Strong analytical, project management, prioritization, problem-solving skills, excellent written and verbal communication and stakeholder-management capabilities
Proficiency in MS office tools
Hands-on experience with OMS platforms, data vendors, and operational workflow tools
Expertise in automation, process re-engineering, cross-functional project delivery and operational transformation
Nice to have:
Hands on experience in Python and/or VBA would be a big plus