Full Job Description
ResponsibilitiesYou primary focus will be on day-to-day deliverables, developing solutions based upon subject expertise, and occasionally representing the department or function at a broader level. You will provide Trade Support for the Investment Grade Primary Desk, including the daily reconciliation, support and associated DTC/Euroclear/FED settlement of Fixed Income Products.Responsibilities:Trade support of IG Syndicate desk for corporate and US Treasuries bonds.Ensure proper controls are in place to resolve trade breaks in a timely manner, meet all regulatory reporting requirements (TRACE, Reg M , Section 11d, Canadian Sales), Balance positions and work with operation teams to monitor GSCC, NSCC, DTC and Euroclear.Use TRACE, Bloomberg, Impact, DirectBooks, Issuenet, BondBook, MS ExcelMonitor/ Action Reconciliations (Positions, Transactions) in several systems, request CUSIPs, request and validate Bloomberg Description Pages are correct, FINRA TRACE setups, verify accuracy of setups in front end systems Prepare and send internal announcements to align downstream teams, ensure updates / changes are communicated to relevant ops teams. Ensure smooth settlement on settlement date (working w/ Operations and FO teams).Handle operational ad-hoc queries from Desk, Product Control, Compliance, and Operations.Support the implementation of new business initiatives while maintaining efficiencies and controls.Ensure all queries/issues are addressed in a timely fashion. Escalate issues when necessary. Reconcile all trade differences quickly to ensure all bookings are accurateEnsure positions are in sync and resolve any position breaks with Operations teams.Work with operations to resolve fails and unmatched trades in a timely fashion.Ensure all amendments are accurate and approved by Syndicate and Secondary desk (when necessary) for audit transparency.Assist with Roadshow planningFamiliarity with MIFID regulations and ensure their compliance whenever necessary.Complete and maintain post-trade deal filesCoordinate all league table filings/league table data maintenance. Profile required4 year degree or equivalent industry experience3+ years of previous working experience Strong knowledge of FI products and knowledge of settlement processesKnowledge of trading regulatory policies and procedures i.e. TRACE, RegMProficient with trading systems and personal computersStrong communication skills-both oral and writtenStrong organizational skillsMaintaining a positive attitude.Strong computer/presentation skillsTeam oriented approach.Ability to work well across product groups and product lines.Maintaining a positive attitude.Series 79 & 63 licenses required. Or to be completed within five months of hire COMPENSATION:Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.
