Senior Fund Accountant

Our Middle Office team looks after a trade from the moment it’s executed: matching and confirmation, settlement, collateral and wires, across listed securities and OTC derivatives. You’ll work every day with Traders, Portfolio Managers, Portfolio Administrators, trade support teams, custodians and brokers. A big part of the job is spotting settlement risk early and making sure the right people know about it.

Listed securities and exchange-traded derivatives

• Match and confirm trades with brokers on CTM and Alert, check allocations across funds, and clear pre-matching breaks before settlement date.

• Get trades settled on time. When one fails, find out why, chase the broker or custodian, and keep settlement delay costs down.

• Keep track of expiries, rolls, exercise and assignment, and corporate actions that affect settlement.

OTC derivatives

• Confirm bilateral trades (swaps, options, FX forwards) on MarkitWire or on paper, checking the economics against the term sheet.

• Affirm electronically cleared trades on MarkitWire and Traiana, make sure the clearing house accepts them, and fix any rejects or breaks.

• Process lifecycle events such as resets, fixings, coupon and premium payments, novations, amendments and terminations.

• Calculate and agree variation margin (VM) and independent amount (IA) under bilateral CSAs, issue and answer margin calls, and resolve collateral disputes.

• Manage triparty collateral, including eligibility, substitutions and movements with triparty agents and custodians.

• Apply the terms of ISDA, CSA and account control agreements, such as thresholds, minimum transfer amounts and eligible collateral.

Across both

• Process cash and collateral wires within payment controls, using the right SWIFT messages (MT103/MT202, MT5xx).

• Run trade, position, cash, depot and nostro reconciliations between Geneva, brokers and custodians, and clear breaks on time.

• Keep an eye on settlement risk across markets and flag exposures before they turn into fails.

• Resolve queries and exceptions with the teams involved, and escalate quickly when something can’t be fixed in time.

• Suggest process and control improvements, and help put them in place.

• A solid grasp of the trade lifecycle and trade economics for listed and OTC products.

• Hands-on settlements knowledge: fails management, pre-matching, depot and nostro reconciliation, and SWIFT messages.

• A good understanding of bilateral and triparty collateral, including VM and IA calculations.

• Familiarity with ISDA, CSA and account control agreements.

• Strong analytical skills. You look for the root cause, not just the quick fix.

• You pick things up quickly and adapt well in a fast-paced environment.

• Good interpersonal skills, team spirit and client focus, and you build strong working relationships with stakeholders.

• Fluent written and spoken English.

• Experience with CTM, Alert, MarkitWire, Traiana, Geneva and broker or custodian web portals.

• Advanced Excel.

• Match and confirm trades with brokers, verify allocations and resolve pre‑matching breaks before settlement.
• Drive timely settlement of listed securities and exchange‑traded derivatives, investigating and rectifying fails.
• Confirm bilateral OTC trades (swaps, options, FX forwards) and electronically cleared trades, handling rejects and breaks.
• Calculate, issue and reconcile variation margin (VM) and independent amount (IA) under CSAs, managing collateral disputes.
• Process cash and collateral wires using appropriate SWIFT messages (MT103, MT202, MT5xx) and maintain payment controls.
• Perform daily trade, position, cash, depot and nostro reconciliations across Geneva, brokers and custodians.
• Monitor settlement risk and corporate actions, flagging exposures and coordinating remediation with stakeholders.
• Prepare and review fund accounting reports, NAV calculations and regulatory filings.
• Identify process gaps, propose and implement control enhancements to improve efficiency and accuracy.
• Mentor junior team members and act as a liaison between front‑office, middle‑office and external partners.

• 2–8 years of experience in trade matching, settlement, fund accounting or middle‑office operations.
• Strong understanding of the trade lifecycle for listed securities and OTC derivatives.
• Hands‑on experience with SWIFT messaging, cash and collateral wire processing.
• Knowledge of ISDA, CSA and account control agreements, including VM and IA calculations.
• Proficiency in reconciliation tools (Geneva, CTM, Alert) and broker/custodian portals.
• Advanced Excel skills; exposure to MarkitWire, Traiana or similar platforms is a plus.
• Graduate degree required; Master's preferred.
• Excellent analytical abilities with a focus on root‑cause problem solving.
• Fluent written and spoken English with strong interpersonal and client‑service orientation.
• Ability to work US business hours (EST/PST) in a hybrid model (3 days on‑site).