What are the responsibilities and job description for the Repo Trading Analyst position at Bracebridge Capital, LLC?
Bracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. The firm pursues investment strategies primarily within the global fixed income markets with the objectives of capital preservation and absolute return without significant correlation to equity, interest rate and foreign exchange markets. Established in 1994, Bracebridge manages private investment funds that serve endowments, foundations, pension funds and other institutional and high-net-worth investors.
Approximately 160 employees operate from our office located in Boston’s historic Back Bay. The entrepreneurial and collaborative culture at Bracebridge rewards and supports motivated, dedicated, enthusiastic and intellectually curious individuals. We believe our firm’s greatest asset is the people who work here.
Bracebridge is seeking to hire a detail-oriented and self-motivated Repo Trading Analyst to join our Treasury team. In this role you must be able to work in a fast-paced environment with other team members, counterparties, and investment personnel to ensure all repo trade needs and cash management needs are met daily.
Responsibilities:
- Identify, execute, and manage repo trades across fixed income product groups to optimize firm liquidity
- Forecast and manage daily cash needs, ensuring adequate target balances are maintained
- Manage and foster strong relationships with Broker/Dealer community
- Monitor counterparty exposure and funding market conditions
- Monitor corporate action events, communicate with internal PMs and external counterparties to ensure accurate calculations
- Communicate market and counterparty developments with portfolio managers, traders and analysts
Qualifications:
- BA degree in Economics, Finance or related field preferred
- 2-3 years of relevant experience in fixed income financing or cash management
- Proficiency in Microsoft Excel; experience with VBA and Python a plus
- Prior experience with automation within the treasury function a plus
- Strong work ethic, initiative, proactive approach, and attention to detail
- Ability to work well under pressure, within a deadline-driven environment