Trade Support Analyst

Investment Bank located in Baltimore, MD seeks Trade Support Analyst.

- Hybrid: at least 3 days on site

*** BACHELOR'S REQUIRED

Top Skills

a. Strong communication skills

b. Team player, must be able to collaborate across multiple operational areas

c. High level of attention to detail and accuracy

d. Risk awareness, escalation and responsive attitude

e. Proven trouble-shooting and problem solving skills

f. Intermediate to advanced Excel mastery

Background on the Position

The Cross-Asset Trade Support team in Baltimore is looking to hire an Analyst that would assist us with our daily responsibilities. The team specializes in supporting CDS, Interest Rates, and FX derivative transactions by processing novations for all three asset classes, overseeing PIMCO's IRD booking, setting proxy yield rates, performing intra-day credit broker check-out, and dispatching rate rest notices to municipal clients. In addition, the team is involved in the life-cycle management of corporate debt and structured notes issued. The team regularly interacts with external clients as well as numerous internal stakeholders including front office risk management, and Sales and Trading. Timely execution in compliance with industry deadlines and regulatory requirements is crucial to maintaining service level agreements and avoidance of adverse impact to teams in confirmations, collateral, and settlements downstream.

Team members are required to be enthusiastic, dynamic, flexible, client-service-orientated and focused on control, accuracy and maximizing efficiency. An Analyst in TSG is integral to identifying and managing firm risk through oversight of trade capture, position reconciliation, trade expiry and associated reference data. In addition, the individual acts as coordinator for day-to-day activities to ensure adequate prioritization and escalation is applied in our dynamic workflow.

Responsibilities

The Analyst role is an integral part of managing risk for the Cross-Asset Trade Support Team on a daily basis.

This position includes:

- Processing Credit, Rates, and FX novations.

- Managing long-term debt and Structured Notes lifecycle events.

- Reconciling positions and products on a daily basis.

- Reconciling and dispatching rate reset notices.

- Reviewing various daily reports to resolve breaks and make needed trade amendments.

- Booking and/or instructing the booking of Interest Rate Derivatives.

- Managing settlements and control processes.

- Providing support for business process improvements which includes trade flow automation, capacity enhancements, control framework and new business initiatives.

- Preparing metrics and reporting for senior management.

- Working with trading desk, sales, and other operations group to ensure proper trade processing and reporting.

- Working with the trading desk, Chief Operations Officer (COO) team and other infrastructure groups to support business initiatives and testing.

- Managing stakeholder relationships across the business unit.

- Assisting on any issues, and providing timely escalation to desk and operations senior management.

- Identifying and implementing continuous improvements to systems and processes to enhance efficiency and controls.

Qualifications:

- Strong communication skills, comfortable working with senior management and trading desks.

- Team player, must be able to collaborate across multiple operational areas.

- Multi-tasking and time management skills are critical.

- High level of attention to detail and accuracy.

- Risk awareness, escalation and responsive attitude.

- Proven troubleshooting and problem solving skills.

- Work well in a time sensitive environment.

- Self-starter, who is willing to ask questions.

- Intermediate to advanced Excel mastery.