Repo Operations Analyst / Associate

Marathon Asset Management, LP•New York, NY

1d•$70,000 - $150,000

About The Position

This Operations role supports the day-to-day business-as-usual (BAU) processes and reporting within the firm's Repo (Repurchase) operations function. The successful candidate will be responsible for the daily reconciliation and booking of repo activity, the review of margin and position balances, and ongoing liaison with internal trading desks, prime brokers, and external counterparties. The position operates in a fast-paced, high-volume environment and requires strong attention to detail, clear communication skills, a reconciliation mindset and a proactive approach to resolving discrepancies. A familiarity &/or foundational knowledge of fixed income markets, with a focus on structured securities (ABS/CMBS).

Requirements

Basic knowledge of and/or experience with Repo (Repurchase) products, focused on liquid structured bond securities.
Thorough working knowledge of Excel, together with an active interest in integrating AI tools to support and streamline workflows.
Some prior experience in financial operations (not necessarily product-specific).
Comfortable working in a fast-paced, high-volume environment. Must be able to multi-task and prioritize accordingly.
Confidently communicating on a regular basis with senior management and external counterparty trading desks and sales contacts.

Nice To Haves

Familiarity with Bloomberg software is not required but would be highly beneficial.

Responsibilities

Perform daily reconciliation of the Repo book—investigating breaks, cash excess/deficit, and related items—across the firm's Order Management System (OMS), prime broker administrators, and counterparties.
Risk Capture - Book daily repo trading activity into the OMS accurately and on a timely basis.
Liaise with the trading desk, prime brokers, and brokers to confirm activity and resolve any potential issues.
Review daily margin calls, excess/deficit positions, position balances, and market values.
Actively maintain the storage and archive of trade recaps in support of audit requests.
Support treasury functions, including the movement of cash payments across various product types by inputting wire activity into Fed Cash platforms.