Structured Products Middle Office Associate

Location: London (50% onsite presence) Sector: Corporate & Institutional Banking - Global Markets Operations

About the Opportunity

Our client, a leading global investment bank with a significant presence across Corporate and Institutional Banking, is looking for a Structured Products Middle Office Associate to join their Product Control function within Global Markets Operations, based in London.

This is a fantastic opportunity to work within a high-performing, global team supporting complex Structured Credit, Rates, and broader Fixed Income business lines - including Global Macro IR and FX/LM products. You'll be at the heart of ensuring accurate booking, control, and lifecycle management of a sophisticated derivatives and structured products portfolio.

The Role

As part of the Structured Products Middle Office (SPMO) team, you will:

• Take ownership of daily production tasks across the Structured Products Middle Office
• Help maintain a robust operational control environment
• Ensure deals are booked accurately and conform to legal documentation, throughout the transaction lifecycle
• Own and resolve breaks arising from reconciliation controls, working to agreed SLAs
• Investigate root causes of recurring breaks and drive remediation to strengthen the control environment
• Report and refine KPIs/KRIs to management, feeding into wider action plans
• Act as a key point of contact for internal and external stakeholders, including Front Office desks
• Coordinate across Operations teams to ensure seamless information flow
• Support decision-making on complex, high-impact issues requiring specialist analysis

What We're Looking For

This role requires genuine, hands-on experience in the following areas - candidates without this background are unlikely to be suitable for the position:

• Reconciliations - proven experience managing and resolving breaks within a controls or middle office environment, with a track record of driving issues to root cause and resolution within SLA
• SPVs (Special Purpose Vehicles) - solid understanding of SPV structures and their operational implications within a banking or asset management context
• Structured Products - strong theoretical and practical knowledge of structured products, alongside fixed income, equities, credit, rates, and FX

In addition, you should bring:

• Material experience within a control function at an investment bank
• Strong knowledge of front-to-back trade workflows for structured and exotic products
• Good understanding of operational risk and permanent control frameworks
• The ability to translate technical detail into clear guidance for a range of stakeholders
• Strong analytical skills and comfort working under pressure with shifting priorities
• A proactive, problem-solving mindset and the confidence to escalate appropriately

Interested candidates with demonstrable Reconciliations, SPV, and Structured Products experience are encouraged to apply.

Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.