Capital Markets Repo & Funding Middle Office

U.S. Bank • New York, NY

8d • $50 - $67

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Job responsibilities Repo Trade Coordination: Manage repo trade activity by sourcing bids/offers from traders, tracking credit lines, booking trades, and ensuring timely settlement for multiple clients. Repo Trade Confirmation & Monitoring; Validate and monitor all Fixed Income trades to ensure accurate entry into front-office systems such as Bloomberg TOMS and Apex. Confirm trade details with clients to ensure mutual agreement and prevent discrepancies. Trade Issue Resolution: Proactively identify and resolve trade-related issues to prevent failed settlements and Client Communication & Support Respond promptly to client inquiries via email, Bloomberg, or phone, ensuring high-quality service and resolution. Ensure smooth transaction flow. Trader Inventory Distribution: Compile and distribute trader inventory reports to clients using internal reporting tools. Monitor and reconcile corporate actions as needed.

Requirements

• Minimum 1-3 years’ experience in Capital Markets Repo & Funding
• 1–3 years of experience in Fixed Income trade support or related operations
• Strong interpersonal and communication skills
• Ability to thrive in a fast-paced, dynamic environment
• Exceptional attention to detail and analytical thinking
• Proficiency in Bloomberg, Repo Systems (e.g. Apex, Helix, etc.) and Settlement systems
• Bachelor’s degree required
• FINRA Series 7 and 63 or willingness to obtain within 120 days

Nice To Haves

• TriParty & Sponsored Repo
• Bilateral Repo trade lifecycle and settlement
• BONY AccessEdge
• Settlement processes for FED and DTC (Euroclear is a plus)
• GSCC/FICC netting
• Equilend/GLMX

Responsibilities

• Manage repo trade activity by sourcing bids/offers from traders, tracking credit lines, booking trades, and ensuring timely settlement for multiple clients.
• Validate and monitor all Fixed Income trades to ensure accurate entry into front-office systems such as Bloomberg TOMS and Apex.
• Confirm trade details with clients to ensure mutual agreement and prevent discrepancies.
• Proactively identify and resolve trade-related issues to prevent failed settlements
• Respond promptly to client inquiries via email, Bloomberg, or phone, ensuring high-quality service and resolution.
• Ensure smooth transaction flow.
• Compile and distribute trader inventory reports to clients using internal reporting tools.
• Monitor and reconcile corporate actions as needed.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees