Middle Office Trade Support

in Financial Services
  • New York, New York View on Map
  • Salary: $75,000.00 - $77,000.00
Permanent

Job Detail

  • Experience Level Staff
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type On Site
  • Job Reference 0000018176
  • Salary Type Annually
  • Industry Broker Dealer
  • Selling Points

    Enhance your career in trade operations with hands-on exposure to TBA/MBS transactions. Collaborate with traders and professionals in a dynamic, fast-paced environment. Gain valuable experience and training opportunities.

Job Description

Overview

  • Support trade operations for TBA/MBS transactions, ensuring seamless execution and reconciliation processes.
  • Collaborate closely with traders to manage allocations, trade processing, and settlement tasks.
  • Provide desk-side assistance for trade execution confirmations and related activities.
  • Contribute to maintaining operational efficiency and accuracy in trade support functions.
  • Opportunity to receive training for unfamiliar aspects of the role.
  • Work in a dynamic environment with exposure to financial trading operations.
  • Engage in continuous learning and professional development opportunities.
  • Collaborate with a team of professionals to ensure compliance and operational standards.

Key Responsibilities & Duties

  • Process and reconcile trades, ensuring accuracy and timely execution.
  • Assist traders with allocations and settlement processes for TBA/MBS transactions.
  • Confirm trade execution details and address discrepancies promptly.
  • Support desk-side operations to facilitate seamless trade activities.
  • Maintain detailed records and documentation for compliance and reporting purposes.
  • Collaborate with internal teams to optimize trade support workflows.
  • Provide training and guidance to new team members as needed.
  • Identify and implement process improvements to enhance operational efficiency.

Job Requirements

  • Bachelor of Science (BS) degree in a relevant field is required.
  • Preferred 1 year of experience in trade support or related operations.
  • Strong understanding of TBA/MBS trade processes and financial operations.
  • Proficiency in trade reconciliation and settlement procedures.
  • Ability to work on-site in a fast-paced trading environment.
  • Excellent analytical and problem-solving skills to address trade discrepancies.
  • Effective communication and collaboration skills for team-based operations.
  • Willingness to learn and adapt to new processes and technologies.
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