Middle Office Analyst - FX

Hudson River Trading
New York, NY
On-siteCareer-pivot friendly

Who this role is best for

Geared toward candidates comfortable with FX post-trade reconciliation and automation, with a background in financial markets and strong collaboration skills.

Best fit for

  • Candidates with FX trading experience and a technical mindset for automation and problem-solving
    — “background in supporting FX trading products”
  • Individuals who thrive in fast-paced environments and enjoy cross-functional collaboration
    — “collaborates with multiple teams to research corporate actions, maintain commissions programs, and track all costs incurred”
  • Professionals with a strong foundation in Python and SQL for data analysis and system maintenance
    — “Strong hands-on Python experience for data analysis, workflow automation, and operational tooling in a Linux environment”

Things to consider

  • Highly dependent on automation and may require working with complex FX settlement platforms
    — “reconcile HRT’s trading with our various brokers and counterparties”
  • Candidates must be prepared to take ownership of their work and admit mistakes
    — “Ability to take ownership of your work, and admit and learn from mistakes”

How to stand out

  • Highlight your experience with FX post-trade platforms like Traiana or MarkitWire in your resume
    — “Hands-on experience with FX post-trade matching, confirmation, and settlement platforms, such as Traiana and MarkitWire, is strongly preferred”
  • Demonstrate your ability to document and streamline complex operational processes
    — “Document complex processes to develop middle office guidelines”
  • Emphasize your independent problem-solving skills and ability to work under pressure
    — “Ability to debug, analyze, and troubleshoot problems quickly under pressure”
Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • Resolved daily position, trade, and cash discrepancies
  • Implemented workflow improvements
  • Maintained accurate commission structures
Typical background
Middle Office AnalystFX Trading

Skills & requirements

Required

FX TradingPost-trade Platform ManagementDiscrepancy ResolutionWorkflow ImprovementProcess DocumentationOnboardingReconciliationCorporate Action ResearchCommission MaintenanceAutomationData AnalysisOperational ToolingSQLRelational DatabasesCross-functional Communication

Preferred

PythonLinux Environment

Stack & domain

FX TradingPost-trade PlatformCorporate ActionsCommission StructuresPythonSQLRelational DatabasesCommunicationCollaborationProblem-solvingAttention To DetailFinancial MarketsAlgorithmic Trading

About the role

Original posting from Hudson River Trading

Hudson River Trading (HRT) is seeking a Middle Office Analyst to join our team in New York with a background in supporting FX trading products. The Middle Office team is responsible for ensuring the smooth operation of HRT’s post-trade platform, which supports the firm’s trading across many asset classes and geographies. Our team designs and operates the systems and processes that reconcile HRT’s trading with our various brokers and counterparties, and collaborates with multiple teams to research corporate actions, maintain commissions programs, and track all costs incurred by HRT’s trading.

Being a member of the Middle Office team means working within a tight-knit, highly productive unit. We're looking for someone who loves technology and wants to work on a variety of operational projects using whatever tools best solve the problem at hand. Due to the high volume of trades and complexity of our systems, we rely heavily on automation and seek candidates with exceptional attention to detail, excellent communication skills, and a can-do attitude.

Responsibilities

Work closely with external counterparties to monitor and resolve daily position, trade and cash discrepancies, supporting effective book management

Work closely with multiple internal stakeholders to identify and implement improvements to our current workflow

Document complex processes to develop middle office guidelines

Onboard new trading into existing technology and platforms

Reconcile daily position, cash, and PnL breaks in coordination with both internal and external parties

Research & process applicable corporate actions

Maintain and update the commission structures across all markets

Qualifications

3-5 years of relevant financial markets industry experience preferably in connection with a FX trading desk

Working knowledge of FX products—including spot, forwards, swaps, non-deliverable forwards (NDFs), and options—and their associated trade lifecycles and settlement processes.

Hands-on experience with FX post-trade matching, confirmation, and settlement platforms, such as Traiana and MarkitWire, is strongly preferred.

Strong hands-on Python experience for data analysis, workflow automation, and operational tooling in a Linux environment.

Experience with SQL and relational databases

Excellent cross-functional communication and collaboration skills 

Ability to take ownership of your work, and admit and learn from mistakes

Ability to debug, analyze, and troubleshoot problems quickly under pressure

Comfort working independently in a fast-paced, high pressure environment

The estimated base salary range for this position is 120,000 to 160,000 USD per year (or local equivalent). The base pay offered may vary depending on multiple individualized factors, including location, job-related knowledge, skills, and experience. This role will also be eligible for discretionary performance-based bonuses and a competitive benefits package.

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Please be advised: Use of AI tools by an applicant during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used by an applicant during an interview or an assessment, we reserve the right to immediately end the interview or assessment, disqualify the applicant’s candidacy and/or rescind any job offers extended.

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Source: Hudson River Trading careers

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