Middle Office/Trade Support

in Financial Services
  • Newark, New Jersey View on Map
  • Salary: $115,000.00 - $135,000.00
Permanent

Job Detail

  • Experience Level Mid Level
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type Hybrid
  • Job Reference 0000009187
  • Salary Type Annually
  • Industry Asset Management
  • Selling Points

    Join a hybrid Middle Office/Trade Support role based in NJ, offering flexibility and a dynamic work environment. Ideal for candidates with 4-7 years of experience in private credit, restructures, bonds, or bank loan operations.

Job Description

Key Responsibilities:

  • Provide trade support for various asset classes, ensuring accurate trade capture, confirmation, and settlement processes.
  • Products: Private Credit, Restructures/Special Situations, Bond, or Bank Loan
  • Collaborate with front office traders and operations teams to resolve trade discrepancies and operational issues.
  • Monitor and manage trade flows, ensuring timely and accurate processing of trades.
  • Conduct trade reconciliations and ensure that positions and cash balances are accurately reflected in systems.
  • Assist in the implementation of new trading strategies and systems, providing necessary support during the transition.
  • Generate and analyze reports related to trade activity, performance, and operational metrics for management review.
  • Stay updated on industry regulations, market trends, and best practices to enhance operational efficiency.

Qualifications:

  • Bachelor’s degree in finance, economics, or a related field.
  •  4-7 years of experience in Financial Services, particularly in Private Credit, Restructures/Special Situations, Bond, or Bank Loan Operations.
  • Strong understanding of the trade lifecycle and processes for multiple asset classes.
  • Experience with Aladdin and WSO
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