Functional SME – Front Office / Middle Office (Capital Markets Operations)

Functional SME – Front Office / Middle Office (Capital Markets Operations)Capital Markets – Front Office / Middle OfficeRole Overview:The Functional SME – FO/MO provides domain expertise across trade capture, execution, risk monitoring, P&L, position management, and trade validation. The SME ensures smooth trade flow from Front Office order management/execution platforms into Middle Office risk and confirmation systems, and provides functional guidance for transformation, automation, and control improvement initiatives.The role also acts as a bridge between Trading Desks, Risk, Back Office, and IT teams for system implementations, process redesigns, and operational optimization.Key Responsibilities:1. Functional Expertise:Act as domain authority for Front Office (trading/execution) and Middle Office (trade validation, P&L, risk, and position management).Monitor trade lifecycle from order capture to confirmation, ensuring timely trade enrichment, validation, and exception handling.Support intraday P&L, risk, and exposure reporting for equities, fixed income, FX, and derivatives.Oversee trade allocation, confirmation, and limit checks, working closely with FO and BO teams.2. Process Optimization & Transformation:Document As-Is and To-Be processes across FO/MO workflows.Identify automation, STP improvement, and control optimization opportunities.Define business and functional requirements, participate in system rollouts and enhancements (e.g., Murex upgrade, Bloomberg TOMS migration).Conduct UAT/SIT, process validation, and post-implementation support.3. Risk, Control & Compliance:Ensure trade validation controls are implemented and monitored.Validate limit breaches, margin requirements, and risk exceptions.Support regulatory compliance (MiFID II, EMIR, SFTR, Dodd-Frank).Partner with Risk and Compliance teams for intraday and EOD risk reporting.4. Stakeholder Management:Serve as SME liaison between trading desks, middle/back-office teams, risk, finance, and IT.Provide domain guidance for system integrations (OMS → EMS → MO risk system → BO settlement).Lead workshops, training sessions, and knowledge transfer for new processes or systems.Prepare management reports, dashboards, and executive summaries.Key Deliverables:Process Maps (As-Is / To-Be)Functional Specification / Business Requirement DocumentsRisk & Control MatricesTrade Validation and Reconciliation ReportsUAT/Test Case Documentation and Sign-OffsTransformation / Automation RecommendationsRequired Skills & Qualifications:Education: Bachelor’s degree in Finance, Economics, Commerce, or related field. MBA / CFA / FRM preferred.Experience:8–15 years in Capital Markets, with strong FO/MO operations exposure.Hands-on experience with trade capture, execution, risk, P&L, and position management. Multi-asset class exposure (Equities, Fixed Income, FX, Derivatives).Experience in system implementation, migration, or transformation projects.Functional Expertise Areas:Domain Core ResponsibilitiesFront Office (FO) Trade capture, order routing, execution, allocations, limit checks, P&L trackingMiddle Office (MO) Trade validation, confirmation, intraday P&L & risk reporting, exception managementRisk & Compliance Limit monitoring, margin & collateral checks, regulatory complianceProcess & Automation As-Is/To-Be documentation, STP optimization, automation, control enhancements. Applications / Tools Expertise:1. Front Office / Order Management Systems (OMS/EMS):Trade Capture & Routing Ullink UL Bridge / OMS, Fidessa JTP, Bloomberg TOMS, FlexTrade, ION Trading, Charles River IMS, Aladdin OMSExecution & Connectivity Refinitiv FXall, Tradeweb, MarketAxess, SimCorp Dimension 2. Middle Office / Trade Validation & Risk Platforms:Trade Validation & Risk Murex MX.3, Calypso / Adenza, Summit, Sophis, Front Arena, Misys FusionInvestConfirmation & Matching Omgeo CTM, MarkitSERV, Traiana Harmony, ICE Link, DTCC DerivSERVCollateral & Margin Ops TriOptima, AcadiaSoft, CloudMargin, Algo Collateral3. Reporting, Analytics & Automation:Reporting & MI Power BI, Tableau, QlikView, Excel VBA, SQL, Python (basic)Automation UiPath, Alteryx, Blue Prism, Automation AnywhereWorkflow & Documentation MS Visio, ARIS, Signavio, JIRA, Confluence, ServiceNow4. Regulatory & Compliance Tools:Tools for limit monitoring, risk reporting, collateral management, and regulatory reporting (e.g., EMIR Reporting Tool, SFTR reporting systems, MiFID II Trade Reporting Platforms).Soft Skills:Strong analytical and problem-solving skills.Excellent communication and stakeholder engagement abilities.Ability to work with cross-functional and global teams.Experience leading workshops and providing functional guidance to technical teams.Strong control and governance mindset. Preferred Exposure: Consulting or advisory experience in operations transformation, FO/MO due diligence, or platform migration.Participation in system migration / OMS upgrades (Fidessa → Bloomberg TOMS, Murex/Calypso).Exposure to STP optimization, API integration, and workflow automation.Familiarity with cross-asset derivatives, FX, and multi-asset P&L attribution processes.Regulatory Awareness MiFID II, EMIR, SFTR, Dodd-FrankPreferred Background Investment Banks, Prime Brokers, or Advisory Firms