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In this role you will be responsible for control and support functions of the operations initiated by the Treasury and Repo Front Office in New York, from the negotiations, recordings, and processing of transactions. Your role will be to facilitate and ensure all operations are processed in a timely manner. You will be a point of contact and liaise with entities both internally (Front Office, Middle Office, Back Office, Compliance, IT, Product Control, Risk Management, Project Management) and externally (Clients, Broker/Dealers, etc.). You will also develop various skills such as knowledge of financial products, financial markets, and best business practices. This position is based in New York. You will report locally to the New York Head of Repo and Treasury Trading Support Middle Office.
Job Responsibility
Ensure the integrity of all transactions and positions across multiple trading applications
Perform first level of control by ensuring trades are booked accurately, cash flow balances are correct, triparty and bilateral trades are matched and settled in a timely fashion
Investigate, analyze, and resolve trade breaks
Process funding and repos as required for Trading and Sales
Manage and monitor post trade life cycle events
Manage trades amendments in Front office systems as appropriately requested while confirming the impacts are in line with expectations
Maintain high level of client service for external and internal stakeholders
Contribute to the development of reliable and effective control functions while making certain procedures are updated and are in place to reduce operational risk
Assist in the identification, specification, and user testing of system enhancements
Ensure coverage and support to FO and within the team to undertake day to day tasks with respect to temporary needs, holidays, or illnesses
Main point of contact for FO while being the liaison between FO and other teams
Act as a point of contact for the introduction of new products and ensure that procedures are in place to manage these transactions
Ensure the functional link with the Treasury Middle Office (located in Paris)
Requirements
Educated to degree level standard or equivalent
Degree in finance preferred
Previous experience in Middle Office with Knowledge and exposure to Treasury and Repo products
Ability to work independently with minimal supervision
Fluent in English
Comfortable with learning new applications
Strong understanding of Excel
Nice to have
Knowledge of Collateral Management
Previous experience in Back Office and/or Settlements