Company OverviewThe Opportunity Hub UK is recruiting on behalf of an innovative financial services firm specialising in illiquid markets. This independent organisation is renowned for delivering best-in-class financial solutions within sales, trading, and advisory, particularly for institutional and high-net-worth clients. Established in 2009, the firm has extensive expertise in trading distressed debt, credit securities, and other illiquid assets, consistently adding significant value by addressing complex liquidity and execution challenges.
Experienced Back Office Support – Fixed Income
Position: Experienced Back Office Support – Fixed Income
Location: Central London (Office Based)
Salary: £50,000 - £65,000 per annum
Job OverviewWe’re looking for an experienced back-office professional to support essential fixed income transactions and operations. This role is an excellent opportunity for someone with established experience in financial operations and a strong grasp of fixed income products and settlement processes. As an Experienced Back Office Support – Fixed Income, you’ll contribute to the smooth operation of the firm’s fixed income activities.
Here’s What You’ll Be Doing:- Trade Booking and Confirmation: Managing the booking and confirmation process for complex fixed income trades, ensuring timely and precise handling.
- Settlement and Reconciliation: Overseeing settlement activities and conducting reconciliations to resolve any discrepancies effectively.
- Compliance and Regulatory Reporting: Ensuring that all fixed income transactions comply with regulatory standards, including comprehensive record-keeping and reporting.
- Process Improvement: Identifying and implementing best practices to enhance operational efficiency.
- Client and Counterparty Management: Serving as the primary contact for clients, brokers, and counterparties to resolve trade-related issues.
- Technical Support: Leveraging industry-standard software to support fixed income transactions and reporting needs, providing troubleshooting as needed.
Here Are the Skills You’ll Need:- Experience: At least 3 years in a back-office role, ideally with exposure to fixed income or related financial products.
- In-Depth Knowledge of Fixed Income Products: Solid understanding of bonds, loans, structured products, and general market practices.
- Regulatory Knowledge: Familiarity with compliance standards pertinent to fixed income trading and settlement processes.
- Analytical Skills: Strong ability to analyse discrepancies and troubleshoot operational issues.
- Technical Proficiency: Proficiency with industry tools such as Bloomberg, TradeWeb, and advanced Microsoft Excel.
- Communication and Interpersonal Skills: Excellent communication skills for engaging with internal and external stakeholders effectively.
Work PermissionsYou must have the right to work in the United Kingdom. Visa sponsorship is not available at this time.
Here Are the Benefits of This Job:- Competitive Salary: Offering a strong salary with performance-based incentives.
- Industry Exposure: Gain valuable exposure to a diverse array of fixed income products and industry practices.
- Career Development: Support for continuous professional development and career growth opportunities.
Why Pursue a Career in Fixed Income Back Office Support?A career in fixed income back office support provides essential experience in the financial services sector, developing highly transferable skills in trade operations and regulatory compliance. Working in fixed income offers a unique perspective on market mechanisms, enabling you to gain expertise in managing and supporting complex transactions. This role opens pathways for advancement within the financial industry, especially in finance and operations.