Job Description

Summary In a dynamic and International environment, you will be responsible for control and support functions of operations initiated by the New York Credit Front Office deriving from post trade execution, books and recordkeeping and trade processing of Fixed Income Market transactions. Your role will be to facilitate trade settlement to ensure all operations are processed efficiently and in a timely manner. You will be a point of contact and liaison between internal (Front Office Trading, global Middle Office and Back Office teams, Compliance, IT, Market Activity Monitoring, Project Management) and external entities (Clients, Broker/Dealers etc.). You will develop various skills such as knowledge of financial products, the financial markets, and best business practices. The position is based in New York. You will report locally to the Manager of the Credit & Repo/Money Markets Middle Office. Key Responsibilities The Middle Office team is responsible for assisting and controlling the Credit and US Govies business line including products such as Corporate Bonds, US Treasury Bonds, US Treasury Futures, Credit Derivatives, etc. This includes trade monitoring, workflow control, and trade validation to ensure timely settlement and accuracy of Front Office positions, risk exposure and trade capture. You will contribute to the development of a reliable and effective control function of the perimeter. You will also have the opportunity to participate in various projects related to client business development in order to optimize secure transactions and to provide control of risks. You will also participate in business projects such as new market developments, new products, system enhancements/deployment, new regulations and market rules. Specific Responsibilities: · Monitor FINRA TRACE reporting via TRAQS ensuring all corporate bond, securitized and US Treasury trades match within the required regulatory timeframe · Ensure accurate capture and data quality in all Front office systems throughout the course of the day · Manage trade amendments in front office booking system upon request while ensuring relevant control modifications are accurately reflected in TRACE, Trading's position, pnl, and risk · Monitor and perform controls for the front to back office trade workflow while following up with numerous teams to resolve discrepancies and settlement issues · TAAPS processing for US Treasury Auctions bidding · Process repo bookings on corporate bond, US Treasuries, Corporate Actions event bookings, manage buy-in requests and process conversions as needed · Assist in the investigation of failed trades and trade-related discrepancies while providing solutions in a timely manner · Daily financing of Front Office security position and currency balances · Facilitate trade settlements and clearing in DTC, Euroclear/Clearstream, Fedwire and CME Clearport Rigour and sense of organisation. Autonomy. Capacity to cooperate / Ability to work across disciplines High technical and analytical thinking skills Good relationship management and ability to communicate clearly and effectively Sensitivity to operational risk Ability to work under pressure in a fast paced environment Fluent in English Comfortable with IT tools Comfortable with Microsoft Excel functions, macros and Visual Basic Editor VBA, Macros in Microsoft Excel French is a plus Series 7/63 or Series 99 is a plus Experience with FINRA Trace reporting is a plus Degree in finance or previous experience in Middle Office

Job Tags

Similar Jobs