The Middle Office Team is a work-stream within Operations and is responsible for the implementation and administration of cash management programmes for a range of pension fund clients within their Delegated Investment Services as well as for their internal funds and associated credit facility arrangements.
The team is also responsible for the accurate production of the Investment Book of Records (IBOR) and the day to day management of Custody relationships. The Middle Office Team deals with a variety of different activities including the processing of SWIFT payments, account transfers, foreign exchange transactions, liquidity fund transactions, trade confirmations across a range of different asset classes.
The team is also responsible for drawing up cash coveralls which highlight the specific funding requirements for each client including cash buffer limits, currency specific limits and other general cash requirements including the provision of pension scheme benefit payments. Reconciliations and cash flow forecasting are activities also undertaken within the Middle Office Team along with varied client reporting and ad hoc projects.
Fields marked with a * are complusory.