OTC Middle Office Analyst M/F

Trade processing and lifecycle management of OTC derivatives, including performance swaps used in synthetic ETFs. Reconciliation, monitoring and control frameworks for clients’ assets.

Key Responsibilities

Trade Processing

• Process OTC derivative trades from execution through confirmation and settlement.
• Perform daily matching/pre-matching of cash, balances, confirmations, and SSIs, and resolve discrepancies with counterparties.
• Ensure accurate trade capture, booking, matching, and confirmation of derivative trades.
• Monitor trades throughout the trade lifecycle.
• Oversee cashflows, coupons, and corporate actions related to swaps and associated events.
• Track and manage lifecycle events, including initiation, roll, unwind, and nominal increase.
• Coordinate settlement instructions, manage pending issues, and resolve settlement-related anomalies.
• Handle collateral management and margin activities with counterparties.
• Validate operations and models in internal tools, including data quality and controls.
• Investigate and escalate trade breaks, static data issues, and trade discrepancies.
• Follow up on incidents, contribute to their resolution, and propose process improvements.
• Maintain accurate records and audit trails for all processed trades.
• Support regulatory filings.

Products covered: IRS, asset swaps, caps and floors, inflation swaps, swaptions, CC swaps, and swap ETFs.

Portfolio Administration and Reporting

• Perform daily and monthly reconciliations in ALTO covering cash, securities, OTC derivative trades, positions, and cash flows against custodian records.
• Perform daily reconciliation between the futures clearer and ALTO and instruct margin movements.
• Perform daily and monthly account reconciliations with the Fund Accountant.
• Follow up with custodians and the Fund Accountant on outstanding matters through resolution.
• Provide reports to internal and external stakeholders.
• Maintain and update KPIs and middle-office procedures and workflows.
• Manage process improvements and automation opportunities.
• Support regulatory filings.
• Coordinate audits and regulatory inspections.
• Manage projects.

Requirements

• Bachelor’s degree or equivalent in Finance, Economics, Business, or a related field.
• 7–8 years of relevant working experience in a middle- or back-office function.
• Strong understanding of OTC derivatives, especially swaps.
• Experience with trade processing, confirmations, and settlement workflows.
• Experience with reconciliations of trades, cash, and positions.
• Independent and proactive, able to multitask and work under pressure.
• Strong analytical, problem-solving, verbal, written communication, and stakeholder management skills.
• Strong technical skills in Excel, VBA macros, and AI tools are a significant advantage.
• English.

Starting date: 01/11/2026. Position with management: No.

About Amundi

Amundi is a leading European asset manager, ranking among the top 10 global players. A subsidiary of the Crédit Agricole group, Amundi offers savings and investment solutions to retail, institutional, and corporate clients. It manages close to €2.3 trillion in assets and has 5,500 employees in 35 countries.