Associate, Repo Middle Office

Job Title:

Associate, Repo Middle Office

Position Description:

The Analyst in Repo Middle Office would be primarily responsible for:

• Assisting Repo traders by liaising with Back Office teams to ensure proper trade flow, risk mitigation, settlement, and data management

Additional responsibilities include:

• Researching and reconciling breaks between Anvil, the Repo Front Office system, and Impact, the Fixed Income Back Office system.
• Communicating with clients to resolve issues stemming from trade execution, trade bookings, FICC netting, settlements, or corporate actions
• Architecting and managing trade flows from Anvil to respective systems/depots for settlement via Impact
• Assisting in the realignment of securities between depots as necessary
• Working with various FED/DTC/Euroclear teams and the Repo desk to ensure the successful settlement of Repo transactions
• Working with Repo/Securities Finance teams to ensure settlement
Creating and repairing processes to lower operational risk to the firm

Desirable Qualifications:

• Strong knowledge of all Fixed Income clearance/settlement concepts and experience with settling trades and managing NFE/DOD at the Fed
• Strong knowledge of Fixed Income security lifecycle events (fails, maturities, coupons, factors, rate changes, reorgs, etc) and its effect on stock record/trial balances
• Proven track record of managing operational risk
• Proven track record of managing Front Office to Back Office trade flow projects
• Strong knowledge of Broadridge GPS products (BPS, CAGE/Global Framework, and Impact)
• Strong knowledge of ION products (Anvil)
• Strong knowledge of FIS Products (SmartLoan, Loanet, Global 1)
• Strong attention to detail
• Strong written and verbal communication skills
• Strong Excel skills (Pivot Tables, VLOOKUP, etc)
Proven self-starter with ability to think quickly under pressure

Primary Location: Jersey City, NJ Full Time Salary Range of $80,000-$100,000.

#LI-MB1