Trade Support - Associate
About The Position
Trade Support team support the Credit/Distressed/Securitized Desk, covering the Treasury/Credit market across all legal entities. The team has daily interaction with various teams including trading, sales, finance and other ops group. They are responsible for day-to-day desk coverage, trade booking, trade amendments and break resolution. A diverse and inclusive environment that embraces change, innovation, and collaboration A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days Employee Resource Groups support an inclusive workplace for everyone and promote community engagement Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits Educational resources, matching gift and volunteer programs
Requirements
- Candidate must be able to work in a high pressure environment due to the fact that a significant portion of the transactions are processed and settle real time, on-line with critical dead-line
- Strong analytical skills: ability to utilize different techniques to resolve problems
- Excellent technical skills: Candidate must be proficient in PC desk-top applications; i.e., Microsoft office suite Excel, Word, Powerpoint and Access
Nice To Haves
- Excellent Interpersonal skills Candidate must have excellent communication/oral skills and interact well with other team members; i.e., Clients, Sales, Trading, Ops, Bookrunners, IT counterparts in other back/middle office ops teams, Legal, Compliance, Business managers, etc.
Responsibilities
- Creation, resolution, and delivery of Front Office/Back Office (FOBO) reports highlighting daily position and End of Day (EOD) pricing breaks; investigate, comment on, and resolve fails, intercompany breaks, and all pending trades in a timely manner; input daily commentary for control standards; provide various metrics and Management Information System (MIS) on a daily/weekly basis
- Communicate with the trading desk daily to ensure proper trade bookings are accurate and trade flow is complete; perform trade amendments/booking on behalf of trading due to system and application limitations; monitor trades to ensure trading and sales trades match on economics; monitor RMS trade-flow and work with Tech on issues that arise
- Auction Process: Input customer and house bids as per Trading/Sales; compute net long position calculation to meet Fed requirements; assist with Rates Fed requests monthly, quarterly, and yearly
- Maintain the team’s procedures and Business Continuity Management document; liaise with team members on Life Cycle Management around Cash Fixed Income trades
- Monitor TRACE and perform static data maintenance in front-end systems; test system enhancements prior to release; demonstrate strong market/regulatory knowledge and appropriate escalation awareness
Benefits
- generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
