What are the responsibilities and job description for the Entry Level Finance position at Asset Staffing?
Financial firms in Manhattan and Westchester County seek college graduates for long term contract roles onsite.
We also have contract roles in BALTIMORE, MARYLAND AND DALLAS, TEXAS
COLLEGE GRADUATES WITH RELEVANT INTERNSHIPS ENCOURAGED TO APPLY or OTHER FINANCIAL-RELATED CONCENTRATIONS/MAJORS
Here is just one of our roles:
Bachelor’s degree MS Office skills required - Automation tools such as Alteryx, Power BI are a plus
Process Tri-party and bilateral collateral optimization, sourcing and exposure management
Ensure the efficient and timely processing of the Equity and financing book including recalls, substitutions, restrictions, pledging, exposure management and projections of future requirements and book breakdown
To become a contact for the Client Financing and Firm Financing desks operations for other interacting areas including Trading, Sales, Finance, IT and supporting teams such as settlements and client service functions
Position/balance reconciliation between external agents and the firm
Provide daily financing projection to the Client Financing and Firm Financing desks
Collate and distribute key metric data to stakeholders such as collateral schedules and haircuts
Collate and distribute collateral availability to the Client Financing and Firm Financing desks
Ensure the timely processing of cash movements between firm, their clients, and agents
Provide funding projections to cash management to ensure correct funding across firm’s bank accounts
REQUIREMENTS
You will understand the relationships their traders and sales force hold with their clients and be motivated towards increasing their market share, while having a full understanding of the economics behind the trading activity
A high degree of accuracy and a willingness to learn new products is required
A strong knowledge of Fixed Income and Equity products, settlement processes and current market initiatives is a major plus
Daily deadlines must be met to prevent business critical failures. The ability to communicate clearly and concisely with clients is crucial. The role requires the sharing and discussing of knowledge between the group. Team play and leadership is vital
There is a need for constant communication with your manager, your team, and many departments
Salary : $20 - $25