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Middle Office Associate Jobs in Chicago, IL (NOW HIRING)

M1 Finance

Broker Operations Associate

Chicago, IL · On-site

$70K - $85K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are looking for a motivated operations professional who has experience handling brokerage middle office functions. This position will be responsible for covering multiple aspects of the trade ...

M1 Finance

Broker Operations Associate

Chicago, IL · On-site +1

$70K - $85K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are looking for a motivated operations professional who has experience handling brokerage middle office functions. This position will be responsible for covering multiple aspects of the trade ...

M1 Finance

Broker Operations Associate

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

We are looking for a motivated operations professional who has experience handling brokerage middle office functions. This position will be responsible for covering multiple aspects of the trade ...

SS&C

Sales Executive Fund Administration

Chicago, IL · On-site

$150K - $180K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Associate Director Locations : Boston, San Francisco, Chicago, NYC, Atlanta, Dallas, Los Angeles ... Middle office, accounting and management products * Tax services for hedge funds, fund of funds and ...

McKinsey & Company

Associate - Service Operations

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Consulting Associate - Service Operations Job ID: 100701 * Atlanta * Austin * Boston * Chicago ... center; middle office (claims, mortgages, case management) process implementation; or customer ...

Clearwater Analytics

Lead Client Servicing Associate

Chicago, IL · On-site

$60K - $85K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Familiarity with various asset classes and financial instruments (Equities, Options, Futures, FX, Fixed Income, CDS, Total Return Swaps, etc.) in a middle office capacity * Understanding of basic ...

Clearwater Analytics

Lead Client Servicing Associate

Chicago, IL · On-site

$60K - $85K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Familiarity with various asset classes and financial instruments (Equities, Options, Futures, FX, Fixed Income, CDS, Total Return Swaps, etc.) in a middle office capacity * Understanding of basic ...

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All JobsMiddle Office Associate JobsMiddle Office Associate Jobs in Chicago, IL

Middle Office Associate information

See Chicago, IL salary details

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$28

How much do middle office associate jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for middle office associate in Chicago, IL is $19.60, according to ZipRecruiter salary data. Most workers in this role earn between $16.49 and $22.12 per hour, depending on experience, location, and employer.

What is a middle office associate?

Middle Office Associates are professionals who support the operations of financial institutions by acting as a bridge between the front office (trading, sales) and back office (settlement, compliance). They are responsible for managing risk, ensuring accurate trade capture, handling trade confirmations, and maintaining data integrity throughout the trade lifecycle. Their work helps ensure that transactions are processed smoothly, regulatory requirements are met, and clients receive accurate information. Middle Office Associates play a vital role in minimizing operational risk and facilitating effective communication between different departments.

What is the difference between Middle Office Associate vs Trade Support Analyst?

AspectMiddle Office AssociateTrade Support Analyst
Required CredentialsBachelor's degree, relevant certifications (e.g., CFA, FRM)Bachelor's degree, similar certifications often preferred
Work EnvironmentFinancial institutions, asset managers, hedge fundsInvestment banks, asset management firms, trading desks
Employer & Industry UsageCommonly used in asset management and bankingPrimarily in trading and brokerage firms
Comparison Search IntentUnderstanding roles in middle/back officeFocus on trade processing and support functions

The Middle Office Associate and Trade Support Analyst roles share similarities in credentials and work environment, often found within financial institutions. While both support trading activities, the Middle Office Associate typically handles risk management, compliance, and client reporting, whereas the Trade Support Analyst focuses on trade processing, confirmation, and settlement. Understanding these distinctions helps candidates target the right roles in the finance industry.

Is a middle office associate a good career?

A middle office associate plays a key role in financial firms by managing risk, processing transactions, and ensuring compliance. It offers opportunities for skill development in areas like financial analysis and technology, with potential for career advancement into senior or specialized roles. The position typically requires strong attention to detail and proficiency with financial systems and tools.

What are the key skills and qualifications needed to thrive as a middle office associate?

To thrive as a Middle Office Associate, you need strong analytical abilities, attention to detail, and a solid understanding of financial products and markets, often supported by a degree in finance, economics, or a related field. Familiarity with trade capture systems, risk management platforms, and Excel is essential, and certifications like CFA or FRM can be advantageous. Excellent communication, problem-solving, and organizational skills help you coordinate effectively between front and back office teams. These skills are important for ensuring trade accuracy, minimizing operational risk, and maintaining efficient financial workflows.

What are some common challenges faced by middle office associates and how can they be managed effectively?

Middle Office Associates often deal with tight deadlines, high transaction volumes, and the need for precise reconciliation between front office trading activities and back office settlement processes. Managing these challenges requires strong attention to detail, effective communication with both traders and operations teams, and proficiency with relevant software systems. Building good relationships across departments and staying organized can help mitigate errors and ensure smooth daily operations. Continuous learning and staying updated on regulatory changes also contribute to success in this role.
What are the most commonly searched types of Middle Office jobs in Chicago, IL? The most popular types of Middle Office jobs in Chicago, IL are:
Middle Office Associate jobs near you
Infographic showing various Middle Office Associate job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 11% Part Time, 1% Temporary, and 3% Contract. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution, with an average salary of $40,776 per year, or $19.6 per hour.

Senior Associate - GTO Middle Office - PnL & Valuation

DRW

Chicago, IL • On-site

$110K - $125K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 20 days ago

Job description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it's not just what we do that matters-it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
As a Senior Associate - GTO Middle Office - PnL & Valuation, you will join our Global Trading Operations team and provide dedicated support to DRW's trading desks. Primary responsibilities will include reconciliation, profit-and-loss calculation and analysis, which require communication with both front office traders and back-office colleagues, as well as with senior management in both departments. Highly effective communication skills are critical as you will also have regular, direct interaction with a variety of other teams across the firm, including risk management, technology, and the firm's partnership. The ability to work in a stressful environment while maintaining a high degree of professionalism is paramount.
What you'll do in this role:
  • Provide ownership for and mastery of the processes and workflows needed to support standard operational functions of the firm's trading desks
  • Daily P&L calculation and substantiation: while supporting each desk's preferred method of aggregating and reporting P&L, ensure that such workflow conforms to and integrates with DRW's standards
  • Gain mastery of the firm's proprietary and third-party trade capture, inventory management, and P&L reporting systems necessary to support the desks' activity
  • Act as process super-user for current workflows and systems, resolving issues that may arise between internal groups at DRW and multiple external exchanges, clearers, and counterparties; provide critical support and advice regarding needed enhancements to technology, workflows, and processes
  • Develop strong understanding of traders' individual risk management tools and support of related traders' needs
  • Upgrade and support traders' tools to take advantage of technologies and tools that are firm standard
  • Liaise with technical personnel to secure proper support/coverage for ongoing operations and implement enhanced workflows, with a focus on process efficiency, risk reduction, and alignment with DRW standards
  • Work closely with Business Liaison team to assure new desks, traders, and products are on-boarded correctly

You'll be right at home if you have:
  • 3+ years of experience in middle or back office with strong knowledge and expertise in derivative valuations
  • The ability to navigate and analyze P&L across various asset types
  • Prior interaction with front office and senior management teams in an active trading environment preferred
  • Ability to work with databases, and utilize data from APIs preferred
  • Strong MS Excel skills, including VBA experience
  • Python coding skills preferred but not required
  • Bachelor's degree in finance, economics or material equivalent exposure
  • Demonstrated ability to independently and quickly solve problems
  • Able to perform repeatable tasks with consistent results
  • Able to handle sensitive financial data appropriately

The annual base salary range for this position is $110,000 to $125,000 depending on the candidate's experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.
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