Junior Back Office Support - Fixed Income

The Opportunity Hub UK is seeking a detail-oriented and dedicated professional on behalf of a respected financial services firm specialising in illiquid markets. This independent firm focuses on providing innovative financial solutions in sales, trading, and advisory for institutional and high-net-worth clients. Established in 2009, the firm has an established reputation for its expertise in handling distressed debt, credit securities, and other complex, illiquid assets.

Position: Junior Back Office Support – Fixed Income
Location: Central London (Office Based)
Salary: £30,000 - £40,000 per annum DOE

Job Overview:
This position as a Junior Back Office Support – Fixed Income offers a unique chance to build a foundational career within fixed income and operational support. Ideal for someone at the beginning of their financial services journey, this role supports essential functions in the back office, ensuring the smooth operation and accuracy of fixed income transactions.

Here’s What You’ll Be Doing:

• Trade Support: Assisting with the booking, confirmation, and settlement of fixed income trades, contributing to smooth operational workflows.
• Reconciliation: Conducting daily reconciliations between internal and external systems, ensuring precise and error-free trade records.
• Client and Counterparty Liaison: Collaborating with clients and counterparties to resolve discrepancies and address operational queries.
• Documentation Management: Maintaining accurate and organised trade-related documents to support operational efficiency.
• Compliance and Reporting: Supporting compliance needs and helping with regulatory reporting for fixed income activities.
• Administrative Support: Providing general assistance to the back-office team to facilitate day-to-day operations.

Here Are the Skills You’ll Need:

• Experience: At least 1 year in a back office or financial operations role (internships and placements are considered).
• Understanding of Fixed Income Products: A basic grasp of bonds, loans, or similar fixed income products is beneficial.
• Attention to Detail: Exceptional organisational skills and a high degree of accuracy in data handling.
• Communication: Effective communication skills to liaise confidently with internal teams and external contacts.
• Technical Skills: Competence in Microsoft Excel and familiarity with financial systems.

Work Permissions:
You must have the right to work in the United Kingdom. Visa sponsorship is not available at this time.

Here Are the Benefits of This Job:

• Career Exposure: Gain experience with a range of fixed income products and market operations in a specialised sector.
• Mentorship: Work alongside experienced professionals in the financial services industry, offering valuable insights and guidance.
• Growth Opportunities: Take advantage of professional development support and a clear path for career progression.
• Why Pursue a Career in Fixed Income Back Office Support?

A role in fixed income back office support provides a strong foundation in financial services, focusing on the essential processes that keep financial transactions running smoothly. Working in fixed income allows you to gain specialised knowledge in a key financial market sector, build in-demand operational skills, and open pathways for advancement within finance and investment roles.