Job Title: Equity Derivative Middle Office Analyst (Controls Analyst)
Location: Canary Wharf, London (Hybrid – 2 days in office, Mon & Thurs anchor days)
Contract: 6-Month
Overall Purpose of the Role
Join Barclays as an Equity Derivative Middle Office Analyst, supporting the EMEA Equity Derivatives Middle Office team. You’ll play a key role in front-to-back reconciliations and controls for the Barclays Investment Managers (BIM) desk, with exposure to a broad range of products including Bonds, Equities, and FX. This role is ideal for a detail-oriented individual with strong controls and reconciliation experience within a financial institution.
Key Responsibilities
* Perform daily reconciliations across cash and position holdings
* Conduct FOBO, FOFO, inter-entity and book transfer reconciliations
* Analyse discrepancies between internal systems and external files
* Support controls processes for both flow and exotic products
* Assist in ensuring accurate and timely Bloomberg-related processes as part of team rota
* Identify risks and escalate in line with SLA protocols (e.g., 1 day to AVP, 3 days to VP)
* Work closely with internal stakeholders to resolve reconciliation issues and suggest process improvements
* Apply Excel-based solutions (including VLOOKUP) to support reconciliation and reporting tasks
Key Skills & Experience
* Strong background in controls and reconciliations within a financial institution
* Experience with financial products such as OTC vanilla options, swaps, and ideally exotics
* Clear understanding of front office vs back office operations
* Solid analytical and problem-solving mindset with a solutions-driven approach
* Comfortable working with large datasets; proficient in Excel (VLOOKUP mandatory)
* Capable of escalating appropriately and knowing when to ask questions
* Experience working with multi-product desks is advantageous
About Barclays
Barclays is a British universal bank. Our diversified business model includes consumer banking and payments operations, and a top-tier global corporate and investment bank. All of our businesses are supported by a dedicated service company that delivers technology, operations, and functional services across the Group. Our mission is to help people achieve their ambitions – in the right way.
Our Values
Barclays is guided by five core values: Respect, Integrity, Service, Excellence, and Stewardship. These values inform everything we do – from how we serve our clients and customers to how we work with colleagues and the wider community.
Diversity and Inclusion
We’re committed to building a workplace where everyone feels they belong and can bring their full selves to work. Diversity, equity, and inclusion are at the heart of our culture and strategy.
Hybrid Working
This role follows Barclays’ hybrid working model: 3 days onsite in Canary Wharf (Mon & Thurs anchor days) and 2 days remote. Working patterns are regularly reviewed in line with evolving business needs.
Contractor Benefits
As a contractor through Randstad Sourceright, you’ll benefit from:
* Holiday pay
* 24/7 Employee Assistance Programme
* Access to lifestyle and retail discounts