Fixed Income Middle Office Trade/Sales Support

Mitsubishi UFJ Financial Group•New York, NY

8d•$98,000 - $131,000•Hybrid

About The Position

The Trade Support Associate/AVP will be responsible for supporting all the firm’s Fixed Income businesses but especially the Rates Trading and Sales Desks sitting on the trading floor performing trade capture for securities and derivatives, perform US Treasury Auctions and other FOMC Operations, and trade floor support functions ensuring the proper lifecycle of the trade. This person will be responsible for handling all Middle Office operational functions providing trade and sales support for Flow Products desks including Rates, Credit, Commercial Paper, Syndicate, Structured Products, and Institutional Investor Sales Desk.

Requirements

Degree or equivalent work experience equally preferable.
Degree in Business or Finance a plus

Responsibilities

Perform trade capture for all trading and sales desks for Fixed Income Securities and Interest Rate, Credit, and FX Derivatives ensuring accurate correct bookings in a timely fashion
Reconcile various T+1 break reports (FOBOs, BOBOs, Internal vs External/Exchanges, Internal vs Internal) to ensure all trades and positions are balanced and in line from previous trading day
Perform US Treasury Auctions, potentially other FOMC Open Market Operations including submitting bids, calculating and submitting Net Long Position, confirming awards, record keeping, etc.
Suspense Account - Follow up on any trades booked in the Client suspense account from prior day
E-mail- Work on any e-mail queries from clients
Confirms - Reconcile confirms received from MUSI with Bloomberg Tickets Throughout the Day
Monitor Trading and Sales Panels working with Front Office on bookings, allocations, and Regulatory reporting
Send trade-recap to customer clients and request for allocations.
Check for any Trade Tickets with Euro Clear or Local settlements
Euro Clear Settlements - Amend trade in Impact if necessary for the correct Depository.
Work with Fedwire Settlements throughout the course of the day on cash trades, settlement status, and FICC breaks
DTC monitor commercial paper trade flow and all settlements throughout course of day
Work with Repo and Sec Lend desks in regards to funding/settlements of CP and UST cash trades
Work with Credit Risk teams throughout the course of the day monitoring trades with non-margin customers
Check for any Cxl'd and Corrected tickets to determine if any actions in the back office system is needed.
Monitor MOCCA – Match, accept, and allocate trades on CTM - monitor for errors, unmatched trades, mismatches, allocations, etc.
Monitor Impact - Check TUR and SUR for trade entry exceptions.
Monitor various intraday break reports
Handle any queries from Settlements or P&S
Monitor Markitwire
Liaise between Front Office and Settlements & P&S
Monitor ICE for CDX/CDS activity throughout the day
Monitor CME for futures and options trades throughout the day
Monitor OCC for Options trades throughout the day
Monitor Trace / ORF throughout course of the day
Monitor ACT / WorkX throughout course of the day
Monitor RTTM throughout course of the day
Work on any Client queries.
Syndicate Support
Suspense any outstanding trades
Monitor Impact - Check TUR and SUR for trade entry exceptions prior to leaving.
End of day closing/balancing/checks