Trade Processing Associate


Job Details

RATE: $45/hr

CONTRACT ROLE


Role Objectives

  • Sales and Trading Support as part of the Trade Processing team in Operations for Fixed Income US and Non-US products
  • Support the Settlement team for settlement related issues
  • Maintain/open/close client account (and sub accounts) in Middle Office systems (BBG Toms/Impact)
  • Allocate trades in Middle Office systems, book to Back Office system, and send preliminary reports
  • Communication with clients for allocations and issues via email/BBG/phone
  • Liaison with other branches and departments
  • Other peripheral (clerical) tasks including report generation, Trade Reconciliation and Restricted Security List updates
  • Cross training as a back-up support member for trade processing of other product businesses including fixed income
  • Knowledge of the US Treasury auction process and WI security setup and its workflows
  • Input FED Treasury Auction House Bids and Customer Bids into TAAPS for Treasury trader and Sales team.
  • Review and maintain all Auction award bookings; and ensure all auctions trading books are flat
  • Advise and action any discrepancies for all Federal Reserve Auction Awards
  • Maintain and record all FED auctions documentation and communication for audit purposes


Qualifications and Skills

  • Experience in Fixed Income products and futures
  • Understanding settlement cycle in relation to DTC, FED and local market settlement
  • Knowledge of BBG TOMS, Omgeo CTM, Pershing, Netx360, Broadridge Impact, Collateral/Margin





 Madison-Davis, LLC

 04/25/2024

 White Plains,NY