Trade Support - Associate

Deutsche Bank • New York, NY

3d • $54,000 - $83,500 • Hybrid

About The Position

Overview The Credit Trade Support team supports the Credit/Distressed/ Asset Backed Securities (ABS)/CMO, covering the Treasury/Credit market across all legal entities. The team has daily interaction with various teams including trading, sales, finance and other ops groups. They are responsible for day-to-day desk coverage, trade booking, trade amendments and break resolution. What We Offer You A diverse and inclusive environment that embraces change, innovation, and collaboration A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days Employee Resource Groups support an inclusive workplace for everyone and promote community engagement Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits Educational resources, matching gift and volunteer programs

Requirements

• The ability to communicate with the trading desk on daily basis to ensure proper trade bookings are accurate and trade flow is complete
• Strong, market /regulatory knowledge and appropriate escalation awareness
• Auction Process-Input Customer and House bids as per Trading/Sales
• Experience with systems - STS, Tradegate, Andromeda, Dbond, ICI, Bloomberg, CPTS (Cash post trade services), DTE, Autobahn, Navigator, Opal, Fed Line Taaps / Traps (91473-1) FedTrade (89595-1)

Nice To Haves

• Able to work in a high pressure environment due to the fact that a significant portion of the transactions are processed and settle real time, on-line with critical dead-line
• Strong analytical skills: ability to utilize different techniques to resolve problems
• Excellent technical skills: Candidate must be proficient in PC desk-top applications; i.e., Microsoft office suite Excel, Word, Powerpoint and Access
• Excellent Interpersonal skills: Candidate must have excellent communication/oral skills and interact well with other team members; i.e., Clients, Sales, Trading, Ops, Bookrunners, Information Technology (IT) counterparts in other back/middle office ops teams, Legal, Compliance, Business managers, etc

Responsibilities

• Perform Trade amendments/Booking on behalf of trading due to limitation in systems and applications
• Creation, Resolution and delivery of Front Office/Back Office (FOBO) reports highlighting daily position and End of Day (EOD) pricing breaks
• Daily input of commentary for control standards, monitoring of TRACE and static data maintenance in front end systems, testing system enhancements prior to release
• Monitor trades to ensure that trading and sales trades match on economics
• Responsible for investigation, commentary, and resolution on fails, Intercompany breaks, and all pending trades with-in a timely manner
• Work with Jax Syndicate Ops- Asset Backed Securities (ABS)/CMO deals make sure they are set up in all systems and work Static data teams to update factors for ABS/CMBS deals

Benefits

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift and volunteer programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees