Middle/Back Office Associate

A Multi-billion dollar global asset manager is seeking a mid-level Middle/Back-Office Associate.

Key Responsibilities: 

  • Fully understands the settlement process for all clearing institutions; DTC, Euroclear, FED, local markets.
  • Assist in ensuring that all trades for the day are booked and allocated correctly in internal system and that any open trade issues are rectified.
  • Monitor the firm’s corporate action activity across all funds, must efficiently communicate with Portfolio Managers and Custodians for timely elections.
  • Assist with completing reconciliations for all accounts (cash, position, market value).
  • Assist with producing and checking monthly performance reports for final AUM production.
  • Help maintain the firms OMS and GL system on a daily basis.
  • Will be assisting the implementation of a new order management system and operational workflows to support various fixed income and equity investment vehicles.

 

Qualifications

  • 4-7 years total, with buy-side or fund admin experience working in middle and back-office capacities.
  • Strong industry knowledge of Fixed Income bonds including IG, US Gov’t, MBS and Sovereign as well as listed equities in foreign and domestic markets.
  • Understand day to day operations (trade entry, post-trade confirmation and settlement, life cycle event processing, etc.)
  • Experience working with a portfolio accounting system.
  • Exposure to investment compliance guideline monitoring and updating
  • Some understanding of GIPS compliance requirements and performance reporting would be a plus.
  • Previous experience with system integrations and enhancement desired
  • Strong excel skills, VBA a plus
  • Basic Bloomberg command knowledge.
  • Basics of MBS products and the P&I paydown process.
  • Must possess extensive problem-solving skills and strong attention to detail
  • Effective communicator that works well in a team environment that has a strong desire to continuously improve workflows, fundamentally understands operational risk, and takes initiative.
  • Bachelors degree in Finance, Accounting, Economics or Engineering
  • Japanese language skill a plus