Hudson River Trading

Middle Office Analyst - FX

Hudson River Trading • $120K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of relevant experience in financial markets, ideally with an FX trading desk
  • Working knowledge of FX products and trade lifecycles
  • Experience with FX post-trade platforms like Traiana and MarkitWire is preferred
  • Strong Python skills for automation and data analysis in a Linux environment
  • Proficiency in SQL and relational databases
  • Excellent communication and collaboration abilities
  • Capacity for independent work in fast-paced environments

Responsibilities

  • Monitor and resolve daily trade discrepancies with external counterparties
  • Identify and implement workflow improvements with internal stakeholders
  • Document processes to develop middle office guidelines
  • Onboard new trading activities into existing platforms
  • Reconcile daily positions and PnL breaks with multiple parties
  • Research and process relevant corporate actions
  • Maintain and update commission structures across all markets

Benefits

  • Discretionary performance-based bonuses
  • Competitive benefits package
Full Job Description
Hudson River Trading (HRT) is seeking a Middle Office Analyst to join our team in New York with a background in supporting FX trading products. The Middle Office team is responsible for ensuring the smooth operation of HRT's post-trade platform, which supports the firm's trading across many asset classes and geographies. Our team designs and operates the systems and processes that reconcile HRT's trading with our various brokers and counterparties, and collaborates with multiple teams to research corporate actions, maintain commissions programs, and track all costs incurred by HRT's trading.

Being a member of the Middle Office team means working within a tight-knit, highly productive unit. We're looking for someone who loves technology and wants to work on a variety of operational projects using whatever tools best solve the problem at hand. Due to the high volume of trades and complexity of our systems, we rely heavily on automation and seek candidates with exceptional attention to detail, excellent communication skills, and a can-do attitude.

Responsibilities
  • Work closely with external counterparties to monitor and resolve daily position, trade and cash discrepancies, supporting effective book management
  • Work closely with multiple internal stakeholders to identify and implement improvements to our current workflow
  • Document complex processes to develop middle office guidelines
  • Onboard new trading into existing technology and platforms
  • Reconcile daily position, cash, and PnL breaks in coordination with both internal and external parties
  • Research & process applicable corporate actions
  • Maintain and update the commission structures across all markets

Qualifications
  • 3-5 years of relevant financial markets industry experience preferably in connection with a FX trading desk
  • Working knowledge of FX products-including spot, forwards, swaps, non-deliverable forwards (NDFs), and options-and their associated trade lifecycles and settlement processes.
  • Hands-on experience with FX post-trade matching, confirmation, and settlement platforms, such as Traiana and MarkitWire, is strongly preferred.
  • Strong hands-on Python experience for data analysis, workflow automation, and operational tooling in a Linux environment.
  • Experience with SQL and relational databases
  • Excellent cross-functional communication and collaboration skills
  • Ability to take ownership of your work, and admit and learn from mistakes
  • Ability to debug, analyze, and troubleshoot problems quickly under pressure
  • Comfort working independently in a fast-paced, high pressure environment

The estimated base salary range for this position is 120,000 to 160,000 USD per year (or local equivalent). The base pay offered may vary depending on multiple individualized factors, including location, job-related knowledge, skills, and experience. This role will also be eligible for discretionary performance-based bonuses and a competitive benefits package.

About Hudson River Trading

Hudson River Trading (HRT) is a multi-asset class quantitative trading firm, and more specifically a high-frequency trading (HFT) firm, based in New York City and founded in 2002. The company is a global liquidity provider and market maker, operating in markets across the world, including equities, futures, options, currencies, and fixed income. HRT uses advanced technology and algorithms to analyze market data and execute trades at high speeds, with a focus on providing liquidity to the markets and minimizing risk. The company is known for its innovative approach to trading and its use of cutting-edge technology, including machine learning and artificial intelligence.
Learn more about Hudson River Trading
Size
500 employees
Industry

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