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Middle office manager

London
Verto
Office manager
€80,000 a year
Posted: 17 May
Offer description

We are seeking a strategic and highly experienced Middle Office Manager to lead and scale our Middle Office function. Reporting to the Director of Middle Office and Banking, you will be responsible for the end-to-end management of Verto’s treasury and payment liquidity, FX trade risk frameworks, Trading Desk support.

As a leader within the organisation, you will manage a team of Middle Office Analysts, driving operational excellence while ensuring our risk management and settlement processes are robust enough to support our rapid global expansion.


What You'll Be Doing

* Strategic Treasury Leadership: Direct the global payment liquidity and treasury strategy to ensure all daily settlement requirements are met across multiple currencies and jurisdictions.
* Risk Framework Ownership: Design and implement robust FX trade risk management policies, ensuring the business remains protected against market volatility and counterparty risk.
* Safeguarding & Compliance: Maintain ultimate oversight of daily customer funds safeguarding and partner credit line obligations, ensuring 100% compliance with regulatory standards.
* Team Management: Lead, mentor, and develop the Middle Office Analyst team, setting high performance standards and fostering a culture of continuous improvement.
* High-Level Reconciliations: Oversee the integrity of treasury funds and credit facility positions, acting as the final point of escalation for complex variances or liquidity gaps.
* Stakeholder Management: Serve as the primary Middle Office liaison for the Trading Desk, Finance, and Product teams. Collaborate with Finance on revenue reporting and audit requirements.
* Relationship Management: Manage and optimize relationships with external banking partners and liquidity providers regarding credit facilities and trade settlements.
* Credit & Exposure Monitoring: Approve and monitor OTC customer credit line requests, managing the business's total open credit exposure and internal liquidity line usage.
* Process Architecture: Drive the automation of Middle Office workflows, identifying and implementing system improvements to reduce manual intervention and operational risk.
* Reporting: Deliver executive-level management information (MI) and data analysis regarding currency exposure, P&L variances, and operational efficiency.


What You Need

* Experience: Minimum 5 years of experience in a Middle Office, Treasury, or Operational Risk role within a fintech, payments company, or investment bank
* Leadership: Proven track record of managing and developing high-performing teams in a fast-paced environment.
* Domain Expertise: Mastery of FX concepts (Spot, Forward, Swaps and etc), liquidity management, and the mechanics of cross-border payment settlements.
* Risk Acumen: Deep understanding of operational and market risks, with experience building or enhancing risk control frameworks.
* Analytical Rigor: Advanced proficiency in data analysis; ability to translate complex datasets into actionable strategic insights.
* Communication: Exceptional stakeholder management skills, with the ability to influence senior leadership and negotiate with external partners.
* Problem Solving: A proven ability to troubleshoot systemic issues and implement long-term scalable solutions.


What We'd Like To See

* Prior experience in a high-growth scale-up environment where you built or significantly matured the Middle Office function.
* Experience with Treasury Management Systems (TMS) or the implementation of automated reconciliation tools.
* A "builder" mindset: someone who is comfortable with ambiguity and eager to create the blueprint for our future operations.
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