Middle Office Analyst - UK

Job Title: Middle Office Analyst - UK

Industry: Banking

Location: United Kingdom

Salary: Competitive Salary Package + Benefits

About the Role

An established UK-regulated financial institution is seeking a Middle Office Analyst to join its Operations function.

This role sits between the Front Office and Back Office, providing independent control, trade lifecycle oversight, and operational risk support across a range of banking products.

The position plays a critical role in maintaining a strong control environment, ensuring regulatory compliance, and supporting efficient day-to-day operations within a structured banking framework

Key Responsibilities

Control & Risk Management

• Perform control assurance testing and support operational risk monitoring
• Identify, document, and escalate operational risks and control weaknesses
• Maintain risk logs and support internal governance reporting

Trade Lifecycle Management

• Monitor and manage trade lifecycle from booking through to settlement
• Validate and process non-STP trades across asset classes (FX, fixed income, money markets, loans)
• Resolve trade discrepancies in coordination with internal and external stakeholders

Reconciliation & Settlements

• Perform daily Nostro reconciliations and investigate breaks
• Manage bond, coupon and principal settlements
• Conduct past due reconciliations and follow up on outstanding items

FX & Data Maintenance

• Maintain daily FX rate updates and ensure consistency across systems
• Ensure accuracy and integrity of trade and financial data

Loan & Transaction Monitoring

• Support monitoring and processing of term loans and related transactions
• Track covenant compliance and escalate any breaches

Static Data & Access Control

• Manage system access and static data updates in line with internal controls
• Ensure compliance with segregation of duties and audit requirements

Reporting & Governance

• Prepare management information and operational reports
• Support regulatory and financial reporting where required
• Maintain documentation aligned with audit and regulatory standards

Process Improvement

• Identify inefficiencies and support process enhancements
• Maintain and update operational procedures and documentation

Skills & Experience

• Experience in middle office, operations, or trade support within a banking environment
• Strong understanding of trade lifecycle, settlements, and reconciliation processes
• Knowledge of operational risk and control frameworks
• Familiarity with PRA, FCA and UK regulatory environment
• Strong analytical skills with high attention to detail
• Ability to work in a structured, control-driven environment

Qualifications

• Degree educated or equivalent experience
• Relevant professional qualification (desirable but not essential)

Key Competencies

• Strong risk awareness and control mindset
• Attention to detail and accuracy
• Ability to manage multiple processes and deadlines
• Strong stakeholder communication skills
• Commitment to governance, compliance, and operational excellence