Job Title: Mid-level Trade Desk Support Analyst
Location: New York, NY (On-site presence required, with flexibility for 2-3 days remote per week after training)
6-month contract with high potential for extension or conversion
Position Overview:
We are seeking a highly skilled and motivated individual to join our team as a mid-level Trade Desk Support Analyst. This role will primarily support the Repo desk and contribute to the middle office operations, focusing on managing funding activities and facilitating seamless trade execution.
Key Responsibilities:
Daily Repo and Swing Activities:
- Execute and manage Repo transactions and swing activities between various entities.
- Ensure accurate and timely settlement of trades.
- Perform end-of-day rate setting and position reconciliation.
Portfolio Management:
- Manage portfolios of short and long positions.
- Book and monitor trades, ensuring compliance with internal policies and market regulations.
Technical and Analytical Tasks:
- Utilize Broadridge (Impact), TOMS, and Bonfire for trade processing.
- Develop and maintain Excel spreadsheets with advanced features such as macros, Vlookup, and pivot tables.
Cross-functional Coordination:
- Work closely with the banks entities to manage variable funding requirements.
- Collaborate with middle office teams to transition relevant tasks and streamline processes.
Training and Development:
- Receive training directly from traders to ensure a thorough understanding of desk operations.
- Contribute to the training and onboarding of new team members as needed.
Qualifications:
- Experience:
- Proven experience in Repo transactions and middle office trading support.
- Familiarity with Mortgage-Backed Securities (MBS) is highly desirable.
- Skills:
- Strong technical skills, particularly in Excel (macros, Vlookup, pivot tables).
- preferred experience with Broadridge Backend (Impact), TOMS, and Bonfire Front End systems.
- Excellent analytical and problem-solving abilities.
- Attributes:
- Highly organized with the ability to manage multiple tasks and priorities.
- Strong communication and interpersonal skills.
- Ability to work effectively in a fast-paced, dynamic environment.