Head of Middle Office

Job title:

Head of Middle Office and Investment Operations,  

JPMorgan Hedge Fund Services delivers an extensive solution for Hedge Fund and Funds of Hedge Funds clients seeking independent administration and custody services or to outsource their day-to-day operations.

The Middle Office and Investment Operations team has the responsibility for trade capture, pricing, corporate actions and all security set up and maintenance including extensive OTC products and associated life cycle events. The Middle office team also runs the outsourcing of underlying hedge funds middle office processing.

Reporting to the Head of Operations you will be responsible for the following:

• Analysis of the group structure, refining and implementing correct processes.
• To oversee, create, maintain and update procedures, including hand-offs between internal functions.
• Management of approx 30 staff, with responsibility of growing team to approx 45+ by qtr 3.
• Overall responsibility for MIS implementation and reporting of key performance indicators, internally and externally.
• Responsibility for capacity planning and assessment of new business implications.
• Involvement in client presentations and due diligence visits
• Dealing with ad-hoc issues and streamlining operational processes to reduce risk and improve efficiency.
• Responsibility for overall Risk assessment and mitigation of the area.
• Operations delegate for major strategic change initiatives and projects

 Your team will have the following responsibilities:

Middle Office Servicing

Security Set Up

Trade Capture

Pricing

Corporate Actions & Asset Servicing

Cash Management

OTC workflow and life cycle events

Collateral Processing

Qualifications

Profile:

The function requires the individual to display the following characteristics

• Leadership & Motivation, proven track record in managing teams especially in a high pressure environment
• Ability to apply controls and infrastructure suitable for a high growth environment.
• Professional and proactive approach to work, problem solver
• The ability to manage change and deliver results
• Excellent communication skills both oral and written
• Excellent interpersonal skills, client service orientation
• Strong organisational skills, concern for quality & accuracy and working to strict deadlines
• Proven record in leading and driving large and complex change programs.

Requirements:

• A high degree of relevant experience (hedge fund admin/middle office / prime brokerage / investment banking)
• A minimum of 5 years people management experience

·         Third level qualification and/or accounting qualification

• Experience in hedge fund administration preferable
• The ability to demonstrate technical knowledge and solid understanding of hedge fund administration / investment operations
• Ability to manage multiple streams and projects
• The ability to demonstrate previous experience of workflow management is essential
• Comprehensive knowledge of Bloomberg, broker websites and any other pricing sources
• MS Office and working knowledge of fund administration systems