Middle Office Specialist

About the position

The Middle Office Specialist at Schroders plays a crucial role in ensuring the quality and accuracy of middle office tasks within a global asset management firm. This position involves oversight of service provider teams, support for investment activities, performance monitoring, audit coordination, data management, risk management, and operational efficiency. The role requires collaboration with various stakeholders and a commitment to enhancing operational processes while adhering to compliance and regulatory standards.

Responsibilities

• Ensure oversight and control mechanisms for quality and accuracy in middle office tasks.
• Oversee services provided by internal and external service provider teams, including support in due diligence and review of service level agreements.
• Support the acquisition of new private transactions by assisting the investment and operations team in the execution process and eligibility checks.
• Monitor performance data to ensure accuracy and timeliness for the investment team.
• Coordinate and support internal and external audit requirements.
• Support the setup of new products or system changes to ensure functionality and business requirement compliance.
• Provide oversight of invoice authorization and cash management operations.
• Maintain accurate records of activities in internal systems and ensure data governance across all platforms.
• Generate and distribute regular and ad-hoc reports on data accuracy and control environment effectiveness.
• Support risk management activities by providing updates on potential issues and ensuring compliance with regulatory requirements.
• Collaborate with the compliance team to implement and monitor adherence to established guidelines.
• Identify and implement process improvements to enhance efficiency and reduce operational risk.
• Develop and maintain best practices for middle office operations, focusing on Securitized Products and Asset Backed Finance.
• Provide training and support on operational processes and systems across PDCA.
• Act as a central point of contact for all middle office-related inquiries from stakeholders.

Requirements

• Business school degree or university degree and/or Qualified Accountant.
• Minimum of 5-8 years of experience in Middle Office, Audit, or an Accounting firm, preferably within private markets.
• Strong understanding of public and private markets products and overall operations.
• Proficiency in middle/back-office systems and financial software, with prior experience in systems like Aladdin or eFront being advantageous.
• Advanced Excel skills and familiarity with data management tools.
• Excellent analytical and problem-solving abilities.
• Strong attention to detail and organizational skills.
• Ability to work under pressure and manage multiple priorities simultaneously.
• Effective communication and interpersonal skills.
• Ability to work autonomously while keeping superiors informed.

Benefits

• Base salary range of $130,000 to $155,000 based on experience and qualifications.