What are the responsibilities and job description for the Trade Support position at Northbound Search?
Position: Trade Support Temp - NYC
Temp-to-Perm
Return to Office: 4days onsite, Monday-Thursday
Key Responsibilities
- Support the full trade lifecycle, including trade entry, confirmation, settlement, and reconciliation.
- Work closely with the Front Office to ensure trade details are accurately captured and processed.
- Enter and maintain trades across various products, including credit, interest rate swaps, credit default swaps, options, futures, and FX forwards.
- Coordinate trade settlements and resolve settlement issues or exceptions.
- Investigate and resolve trade breaks and discrepancies between internal systems, counterparties, custodians, and other parties.
- Partner with Trade Compliance and Accounting to ensure trades are processed accurately and in accordance with internal requirements.
- Support derivative trade processing, including IRS and other swap transactions.
- Assist with trade-related reporting, reconciliations, and operational inquiries.
- Communicate with internal stakeholders and external counterparties regarding trade details and settlement issues.
- Help ensure accurate and timely processing throughout the trade lifecycle.
Products
- Experience with some combination of the following is preferred:
- Credit
- Interest Rate Swaps (IRS)
- Credit Default Swaps (CDS)
- Options
- Futures
- FX Forwards
- Other Derivatives / Swaps
- Real Estate-related products
Qualifications
- 2–10 years of relevant experience in Trade Support, Middle Office, Investment Operations, or a similar function.
- Targeting Analyst or Associate-level candidates; this is not a VP-level position.
- Experience supporting the trade lifecycle within an asset manager, hedge fund, private credit firm, investment bank, or similar financial institution.
- Understanding of trade entry, settlement, reconciliation, and trade break resolution.
- Strong attention to detail and ability to manage multiple priorities in a fast-paced environment.
- Strong communication and problem-solving skills.
- Experience with derivatives is preferred.
- Experience with Advent Geneva or another proprietary order/trade management system is a plus, but not required.
Salary : $110,000