Middle Office Analyst - Macro

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

Who this role is best for

Strong fit for candidates with financial markets experience who excel in process automation and cross-functional collaboration.

Best fit for

  • Candidates with 3-5 years of financial markets experience and a background in Macro trading desks
    — “3-5 years of relevant financial markets industry experience preferably in connection with a Macro trading desk”
  • Individuals who thrive in fast-paced environments and have strong problem-solving skills
    — “Comfort working independently in a fast-paced, high pressure environment”
  • Professionals with automation and system reconciliation expertise in financial trading operations
    — “designs and operates the systems and processes that reconcile HRT’s trading with our various brokers and counterparties”

Things to consider

  • Candidates must be prepared to work in a high-pressure, detail-oriented environment with heavy reliance on automation
    — “Due to the high volume of trades and complexity of our systems, we rely heavily on automation”
  • The role requires strong communication and collaboration across internal and external teams
    — “Work closely with external counterparties to monitor and resolve daily position, trade and cash discrepancies”

How to stand out

  • Highlight experience with reconciliation systems like CTM or ICELink in your resume and interview responses
    — “Familiarity with CTM, ICELink, Markitwire or Repo Match preferred”
  • Demonstrate your ability to document and streamline complex processes effectively
    — “Document complex processes to develop middle office guidelines”
  • Showcase your SQL and Python skills with concrete examples of database management or automation projects
    — “Experience with Python and UNIX operating systems (we use Linux)”
  • Emphasize your track record in resolving discrepancies and maintaining accurate financial records
    — “Reconcile daily position, cash, and PnL breaks in coordination with both internal and external parties”
  • Demonstrate ownership of past projects and your ability to learn from mistakes in your interview narrative
    — “Ability to take ownership of your work, and admit and learn from mistakes”
Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · Team

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

What success looks like

  • smooth post-trade operations
  • accurate reconciliation
  • efficient onboarding of new trading
Typical background
3-5 years of financial markets experienceknowledge of trading products

Skills & requirements

Required

Financial MarketsTrading OperationsReconciliationCorporate ActionsCommission StructuresPythonSQL

Preferred

DerivativesFuturesFixed IncomeRates Products

Stack & domain

PythonSQLUNIX

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 Macro 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 Macro trading desk

Knowledge of Derivatives, Futures, Fixed Income or Rates products is a plus

Familiarity with CTM, ICELink, Markitwire or Repo Match preferred

Experience with Python and UNIX operating systems (we use Linux)

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.

You can review our Global Applicant Privacy Notice, which explains how we process applicant information.

Source: Hudson River Trading careers

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