Middle/Back Office Associate

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

Responsibilities: 

  • Fully understands the settlement process for all clearing institutions; DTC, Euroclear, FED, local markets.
  • Responsible for tracking trade fails and communicating updates internally.
  • Take ownership of intra-day exception monitoring in CTM, following up accordingly.
  • Ensure that all EOD trade files to third parties are communicated and sent successfully.
  • Perform daily reconciliations (cash, position, market value) from firm portfolio accounting system to custodians and other third parties and report internally.
  • Assist the implementation of a new order management system and operational workflows to support various fixed income and equity investment vehicles. Potential candidate will help complete tasks related to this initiative.

 

Qualifications

  •  1 to 3 years total experience, preferably with buy-side or fund administrator experience, strong knowledge of Fixed Income bonds, including IG, US Gov’t, MBS, Sovereign, as well as listed equities in foreign and domestic markets.
  • Previous experience with an asset manager or fund administrator in a back-office environment
  • Strong excel skills, VBA a plus
  • Basic Bloomberg command knowledge
  • Exposure to investment compliance guideline monitoring and updating
  • Some knowledge of various types of corporate action event processing, for both fixed income and equity products
  • Basics of MBS products and the P&I paydown process
  • Must have attention to detail and ability to multi-task.
  • 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.
  • Bachelor degree in finance, accounting, economics or related fields
  • Japanese language skill a plus