Associate, Trade Settlements and Transaction Management
About The Position
Brio Real Estate is a Blackstone Real Estate portfolio company focused on real estate credit. Brio supports Blackstone’s Real Estate Debt Strategies (“BREDS”) investments across the globe. The company provides support across key functions, including corporate, transaction, and management services. The critical infrastructure and capabilities Brio provides for BREDS allows for effective support in the management of its global portfolio. Today, BREDS has more than $76 billion of investor capital across high yield / opportunistic real estate credit funds, a publicly traded Mortgage REIT, and liquid securities strategies. BREDS is part of Blackstone Real Estate, the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector. Job Summary: The Public Investment Operations team oversees all operational aspects of the liquid real estate products (RMBS, CMBS, RE Corporate Debt) investing as well as the related hedging (Interest Rate and Foreign Exchange) from trade input and settlement to the on-going asset servicing. This role will specifically focus on trade settlements and transaction management.
Requirements
- Experience with CMBS/RMBS/ABS, Fixed Income, Interest Rate derivatives, Foreign Exchange and trade life cycle
- Knowledge of DTC/Euroclear, Bloomberg, ALERT, CTM
- Must be proficient in Excel
- Undergraduate degree with 2+ years of experience in trade support or settlements role
- Ability to work in a fast-paced environment; prior experience sitting with traders a plus
- Ability to work with technology team on system enhancements
Nice To Haves
- Experience with Securities Financing and/or FX trading a plus
- Ability to work in a fast-paced environment; prior experience sitting with traders a plus
Responsibilities
- Trade Settlements and Transaction Management: Responsible for trade capture, trade blotter reconciliations and resolution of exceptions
- Provide allocations to counterparts on cash securities to ensure proper settlement
- Interact with trading counterparts on market updates or trade related issues
- Chase and resolve failing trades
- Research and resolve trade breaks at Prime Brokerage, Custodians and Fund Administrators
- Monitor, explain and challenge margin calls on the repo/securities lending portfolio
- Research and resolve trade breaks related to repo settlements and activity
- Assisting with the onboarding of new Clients and Accounts
- Ad Hoc reporting for traders and Portfolio Managers
- Manage an offshore team supporting these responsibilities
- Share feedback and business requirements with Technology team to build/enhance systems to better track and maintain the portfolio
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
