The Fixed Income Trade Support group provides operational coverage to trading, underwriting, and the structuring of fixed income securities. An analyst in Fixed Income Operations is integral to identifying and managing Firm risk through trade capture, reconciliation, as well as documentation and settlement of client, broker, and proprietary trades. Throughout the life of a trade, a Fixed Income professional will face-off directly with sales and trading as well have regular interaction with compliance and non-market risk. Fixed Income TSG primarily supports corporate bonds, commercial paper, treasuries, asset-backed securities including mortgage-backed securities and securitized products, municipal securities, and distressed debt. Additionally, the team produces regulatory reporting for the Federal Reserve detailing the Firm’s positions, transaction, financing, and fails data of U.S. government securities and other select fixed income securities.
The role is an integral part of managing risk for the fixed income trade support group on a daily basis. This position includes:
- Strict adherence to procedures and controls - ensuring all functions and procedures are performed in a timely and correct manner, i.e. trade checkout, position reconciliation, wash account reconciliation
- Working with trading desk, sales, and other operations group to ensure trade processing
- Cross-training with other team members
- Timely escalation to desk and operations management.
-Strong communication skills, willingness to transfer knowledge is imperative
-Team player, must be able to collaborate across multiple operational areas
-Multi-Tasking and time management skills are critical
-Ability to identify and escalate issues to senior management and to trading desk(s)
-Analytical and Problem Solving Skills
-Work well in a time sensitive environment
-Self-starter, who is willing to ask questions
-Fixed Income Securities Knowledge (Rates, Credit, EM)
-Experience with Metric and Data Analysis