Middle Office Specialist

Wintermute

$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BSc in business, finance, or quantitative fields
  • 3+ years in Middle Office/Trade Operations in a high-volume financial environment
  • Strong Excel skills for data analysis and reporting
  • Experience in process improvement methodologies
  • Interest in trading with knowledge of blockchain and cryptocurrency

Responsibilities

  • Manage crypto settlements with counterparties for accurate asset exchange
  • Mitigate operational risks with precision to maintain transaction integrity
  • Collaborate with traders for efficient inventory distribution
  • Oversee end-to-end operations for diverse financial instruments
  • Design and implement new operational workflows and controls
  • Coordinate with cross-functional teams to address regulatory concerns
  • Handle trade queries and support operational inquiries

Benefits

  • Work at a top algorithmic trading firm in the digital asset space
  • Accelerated responsibilities and career growth opportunities
  • Dynamic company culture with regular events and team building
  • Modern office in New York City, hosting industry-leading events
  • Informal and collaborative work environment with a startup feel
  • Performance-based compensation with earning potential and standard benefits like medical insurance
Full Job Description
Responsibilities

  • Crypto Settlements: Manage the settlement process for digital assets; this involves direct communication with counterparties to agree on settlement figures and coordinating the settlement of assets
  • Operational Risk Management: Maintain an extreme level of attention to detail to mitigate risks, ensuring zero errors in high-value transactions that directly impact the firm's PnL.
  • Inventory management: Working closely with the traders to ensure inventory is being distributed for maximum efficiency across our trading venues
  • Trade Lifecycle Management: Manage end-to-end middle office operations for equities (single stocks and ETFs), options, futures, and FX. Be able to execute complex reconciliations, settlements, and the management of corporate actions and dividends.
  • New Initiatives & Process Development: Assist in the design, creation, implementation and improvement of robust operational workflows and controls
  • Cross-Functional Collaboration: Work closely with Trading, Finance, Compliance, and Legal teams to identify and act on regulatory implications across multiple products
  • Adhoc tasks: Answering trade queries internally and externally


Hard skills requirements

  • BSc in business/finance/quantitative subjects
  • 3+ years of experience in Middle Office/Trade Operations function in a financial services company with high-volume and complex operations (multiple products, multiple geographies, financial regulations); experience in an hft/market making business is a significant advantage
  • Excellent Excel skills
  • Proven experience in process improvement
  • Strong interest in trading and a curiosity about blockchain, crypto, and DeFi


Strong Preference to have:

  • Experience with databases/SQL/reading and writing simple Python scripts would be a significant advantage
  • Deep practical knowledge of traditional financial instruments, including equities, options, futures, and FX
  • Series 99 license
  • Professional crypto experience


Other Requirements

  • Have an owner mentality: take ownership of tasks and projects.
  • A drive to understand the business beyond own role to add value to the overall business.
  • Keen to get involved with the different areas of Middle Office; you should be comfortable working in a very non-hierarchical organization without necessarily having direct reports.
  • Determined, ambitious yet humble, willing to work hard and learn on the way.
  • Like meritocracy and being judged by what you deliver.
  • Have an entrepreneurial mindset; prepared to work non-standard working hours when necessary (since we are a pivotal player in the crypto markets that don't stop 24/7).
  • Like working in the team collaborative environment.


Here is why you should join our dynamic team

  • Opportunity to work at the world's leading algorithmic trading firm in digital assets.
  • Engaging projects offering accelerated responsibilities and ownership growth compared to traditional finance environments.
  • A vibrant working culture with team events, celebrations and company wide team building events.
  • A cool office in the heart of New York City which often hosts some of the leading industry events.
  • Great company culture: informal, non-hierarchical, ambitious, highly professional yet with a startup vibe, collaborative and entrepreneurial.
  • A performance-based compensation with a significant earning upside alongside standard perks like private medical insurance


Note

  • Please ensure you are eligible to work in the US, at the moment Wintermute USA is unfortunately not able to sponsor US visas; if visa is a consideration for you, feel free to apply to the UK or Singapore offices where we offer visas and potential longer term reallocation to the US.


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