What are the responsibilities and job description for the Middle Office Analyst position at East West Bank?
Introduction
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview
The Middle Office Analyst’s primary function is to support the Front Office Derivatives and Investment teams by implementing a thorough trade capture, reconciliation and risk mitigation framework. In addition, this role will be responsible for comprehensive risk reporting and monitoring as well as counterparty onboarding and trade documentation.
Responsibilities in this role will require close coordination with various business partners including sales, trading, technology, compliance, legal, internal/external vendors, and accounting.
Responsibilities
- Assist Front Office/Investment teams by providing trade support for all fixed income and derivative trades (interest rate and energy)
- Participate in trade capture of complex derivative products including review of legal documentation, trade confirmations
- Perform trade reconciliations and resolve breaks or discrepancies
- Resolve complex trade issues that require extensive evaluation and perform life cycle management across all derivative types
- Coordinate onboarding activities for new clients, strategies, products, and asset types
- Perform vendor oversight and model validation of key Middle Office functions
- Implement process improvements to mitigate risk
Qualifications
- Undergraduate degree in a relevant discipline or equivalent work experience
- 3 to 5 years of industry experience within Middle Office / Derivatives Middle Office
- Strong Microsoft product skills (i.e., Excel, Word, PowerPoint, PowerBI, Dynamics)
- Good analytical, organizational and quantitative skills and can independently prioritize projects in a fast-paced environment
- Knowledge of fixed income securities and interest rate and energy derivatives
- Proficient with Bloomberg, Markit, TriResolve, Acadia and other derivatives trade capture systems
Compensation
The base pay range for this position is USD $70,000.00/Yr. - USD $85,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.Salary : $70,000 - $85,000
