What are the responsibilities and job description for the Associate - Fixed Income Middle/Back position at BizTek People, Inc. | APA International Placement Consultants?
A Multi-billion dollar Global Asset Manager
is seeking a mid-level Middle/Back-Office Associate.
Experience Level: 4-7 years total, with buy-side or fund admin experience
working in middle and back-office capacities. Must have the ability to demonstrate 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. The ideal candidate will not only understand day to day operations
(trade entry, post-trade confirmation and settlement, life cycle event
processing, etc.) but will also have experience working with a portfolio
accounting system.
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.
- The team will be spearheading a
project to bring middle and back office services from overseas offices to the
US. The project will involve 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.
Requirements
- Bachelors degree in Finance, Accounting, Economics or
Engineering
- Fluent in Japanese **(desirable)**
- Previous experience with an asset manager or fund
administrator in a back-office environment with a solid understanding of trade
processing, reconciliations and fund accounting
- Exposure to investment compliance guideline monitoring and
updating
- Must possess extensive problem-solving skills and strong
attention to detail and accuracy
- Strong excel skills, VBA a plus
Benefits
Good benefit