Dubai based Middle Office / Operations Specialist - Macro Hedge Fund

My client is looking for an experienced FICC ( IRS / CDS) Middle office / Trade Support SME who has a proven (and relevant) background from another buy side firm or large Investment Bank. My client will consider those from other geographic regions if they demonstrate relevant skills. There is scope that a re-location package can be discussed and a Visa / Sponsorship will be offered.

The bulk of the trade flow will be fixed income such as IRS / CDS but this will then spread to all asset classes later down the line.

Operations / Middle Office Specialist - Dubai - Macro Fund

Responsibilities

1. Provide trade support and trade lifecycle management across multiple asset classes traded by the firm, including Equities, Fixed Income, FX, Commodities, and related derivatives, including exotics.
2. Ensure accurate and timely trade capture, allocation, and settlement across all asset types.
3. Reconcile cash, trades and positions daily with prime brokers, custodians, and counterparties, and investigate and resolve trade discrepancies and settlement issues promptly.
4. Manage corporate actions and asset servicing processes, including both mandatory and voluntary corporate actions.
5. Oversee the daily operational activities performed by outsourced middle office / operations team, and act as an escalation point in resolving high risk exception items on daily basis.
6. Work closely with Technology team to develop and implement process improvements to enhance efficiency, reduce risk, and support business growth. Participate in system enhancements and upgrades to support evolving business needs.
7. Monitor and manage operational risks associated with trading activities. Collaborate with Risk Management and Compliance teams to address any control gaps and enhance operational efficiency.
8. Conduct data analysis to support decision-making and identify trends in trade and operational activity. Assist in the preparation of regulatory filings and other compliance-related documentation.

Qualifications

1. Bachelor’s degree
2. Ideally 5-8 years of experience in Operations, Middle Office, Trade Support, or a similar role within a hedge fund.
3. Strong knowledge of trade lifecycle, settlement processes, and middle office functions across multiple asset classes.
4. Excellent analytical skills with a strong attention to detail and accuracy.
5. Ability to work effectively in a fast-paced, high-pressure environment with a proactive and solution-oriented mindset.
6. Strong communication skills, with the ability to collaborate effectively with internal and external stakeholders.
7. Familiarity with regulatory requirements and compliance in the hedge fund industry is a plus.