Mbs Trade Support

in Financial Services
  • New York, New York View on Map
  • Salary: $75,000.00 - $80,000.00
Permanent

Job Detail

  • Experience Level Staff
  • Degree Type Bachelor of Science (BS)
  • Employment Full Time
  • Working Type On Site
  • Job Reference 0000018574
  • Salary Type Annually
  • Industry Broker Dealer
  • Selling Points

    Develop expertise in MBS trade operations in a dynamic financial environment. Collaborate with traders to ensure seamless trade execution and reconciliation. Gain hands-on experience with comprehensive training provided.

Job Description

Overview

  • Support MBS trade operations, ensuring accurate processing and seamless execution in a dynamic financial environment.
  • Collaborate with traders and internal teams to manage allocations, settlements, and reconciliations.
  • Develop expertise in MBS trade support functions through hands-on experience and continuous learning.
  • Contribute to operational efficiency and compliance with industry standards and regulations.
  • Participate in training sessions to enhance knowledge and skills in trade operations.
  • Engage in a fast-paced environment, addressing challenges and ensuring smooth daily operations.
  • Work closely with experienced professionals to gain insights into MBS trading processes.
  • Support the trading desk by resolving issues promptly and maintaining operational integrity.

Key Responsibilities & Duties

  • Assist traders in managing allocations, trade processing, and settlement tasks for MBS transactions.
  • Perform trade reconciliation to identify and resolve discrepancies effectively.
  • Confirm execution details with counterparties and maintain accurate transaction records.
  • Collaborate with internal teams to address operational challenges and improve processes.
  • Ensure compliance with regulatory requirements and internal policies during trade execution.
  • Provide desk support to traders, ensuring smooth daily operations and resolving issues promptly.
  • Participate in training programs to expand knowledge of MBS trade support functions.
  • Contribute to the efficiency and accuracy of trading operations in a fast-paced environment.

Job Requirements

  • Bachelor of Science (BS) degree in a relevant field is required.
  • Preferred experience of 1 year in trade support or related functions.
  • Strong understanding of MBS trade operations and processes.
  • Ability to collaborate effectively with traders and internal teams.
  • Proficiency in trade reconciliation and execution confirmation tasks.
  • Excellent organizational skills to manage multiple tasks in a fast-paced environment.
  • Willingness to learn and adapt to new trade support functions.
  • Commitment to maintaining compliance with industry regulations and standards.
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