Senior Associate (Non-Loan Settlements)

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  • →Perform detailed reconciliations of trade attributes - including traded quantity, price and asset - to ensure alignment with counterparty records
  • →Knowledge of Bond, ABS and FX settlement workflows
  • →Existing knowledge of SWIFT and Euroclear. Clearstream , DTCC systems, including the ability to initiate and manage trade amendments via SWIFT. Proven experience in resolving trade failures with custodians and counterparties
  • →Knowledge of MIFID II and/or EMIR reporting advantageous
  • →Knowledge of CSDR Claims process.
  • →Attention to detail when loading and updating trades as needed in our OMS
  • →Communicates well and able to organize workload to meet deadlines
  • →Strong attention to detail when dealing with wire uploads
  • →Direct fund administrators and custodian banks on appropriate processing and review/reconcile processing activity to ensure accuracy.
  • →Proactively research, resolve and prevent settlement cash and par breaks with custodian banks and third-party administrators
  • →Timely crosschecking of trades with funding memos/Clear Par, booking trade fees as per funding memo, and settle with correct quantity
  • →Knowledge of loan settlements workflow and prior use of Clearpar advantageous
  • →Handle adhoc requests in a timely fashion
  • →Identify opportunities and work with all internal and external stakeholders to improve process efficiencies and increase risk mitigation
  • →Review daily recons between internal systems and third parties and resolve discrepancies
  • →Participate in department initiatives such as system enhancements, off hours testing and new business conversions as necessary.
  • →Take ownership of tasks and drive them to completion.
  • →Demonstrate a strong sense of accountability and a commitment to excellence.

  QUALIFICATIONS

• →Education: Bachelor's Degree from an accredited university in Finance or related discipline

• Strong fixed-income product knowledge, particularly bank loans
• Strong understanding of the bank loan industry and standards
• Understanding of liquid and derivative products
• Understanding of custodian bank/administrator's and agent's data
• Highly proficient in Microsoft Excel
• Proficient in Microsoft Outlook, Word, Wall Street Office and Geneva
• KPI reporting and Powerbi dashboard knowledge is a plus Minimum 2-3 years of investment management operations experience with high emphasis on bank loan operations
• Experience working with an outsource/offshore service provider
• Experience working with brokers, custodians and agent banks
• Self-motivator and highly organized

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.