Associate, Middle Office

About us

26 Degrees is a specialist multi-asset prime broker based in Cyprus, Australia and Japan. The company specialises in providing innovative prime services to broker dealers, hedge funds, asset managers and proprietary trading firms. As a world-leading boutique broker, we are constantly in search of hungry people to join the team and challenge the status quo. As we continue to expand, we are seeking a highly skilled and motivated individual to join our Middle Office team in Limassol.

About the role

As a Middle Office specialist, you will play a crucial role in supporting the seamless reporting of transactions and ensuring the accuracy of information across the business. This is a diverse role that requires a keen eye for detail, strong analytical skills, and the ability to work collaboratively with various teams within the organization.

Why join us?

• Remuneration – 26 Degrees offers a highly competitive base salary along with 13 months and short-term incentive schemes, including cash bonuses.
• Flexibility - We want to hire the best talent in the industry. To attract the best, we have embraced a flexible work culture offering 2 days per week to work from home, with home office equipment provided.
• Career Development - We don’t just want to hire the best talent; we want to train them to be even better. Career development is a priority to you – so it’s a priority for us.
• Unique Workplace - Our youthful and energetic team brings a fresh perspective to the financial services industry. We celebrate collaboration, innovation, and passion, setting us apart and positioning us to redefine the future of boutique investment banking.

Key duties and responsibilities

Reporting and Reconciliation:

• Generate and analyse daily, weekly, and monthly reports and reconciliations to ensure accurate information throughout the business.

Client Statements, Transactions Processing and Support:

• Prepare accurate and timely client statements.
• Manage collateral movements of client funds.
• Address general reporting queries from clients, providing detailed and insightful information as needed.

Process Improvement :

• Collaborate with the Technology, Trading, Compliance and Sales teams to develop and enhance internal systems and processes.

Corporate Actions:

• Oversee and manage corporate actions on listed equity products, ensuring timely notifications and accurate processing.

Market Data:

• Manage the licencing of exchange market data, including reporting and billing from Exchanges to our clients globally.

About you

• Bachelor's degree in a related field.
• 2+ years of financial services experience.
• Demonstratable experience with Microsoft Excel and previous experience with SQL is critical.
• Strong understanding of derivative products and trade lifecycle (corporate action experience is advantageous).
• Attention to detail and accuracy.

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