Trade Support - Associate

Deutsche Bank•Jacksonville, FL

6d•$48,000 - $74,000•Hybrid

About The Position

Trade Support team support the Credit/Distressed/Securitized Desk, covering the Treasury/Credit market across all legal entities. The team has daily interaction with various teams including trading, sales, finance and other ops group. They are responsible for day-to-day desk coverage, trade booking, trade amendments and break resolution.

Requirements

Candidate must be 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

Nice To Haves

Excellent Interpersonal skills
Candidate must have excellent communication/oral skills and interact well with other team members; i.e., Clients, Sales, Trading, Ops, Bookrunners, IT counterparts in other back/middle office ops teams, Legal, Compliance, Business managers, etc.

Responsibilities

Creation, resolution, and delivery of Front Office/Back Office (FOBO) reports highlighting daily position and End of Day (EOD) pricing breaks; investigate, comment on, and resolve fails, intercompany breaks, and all pending trades in a timely manner; input daily commentary for control standards; provide various metrics and Management Information System (MIS) on a daily/weekly basis
Communicate with the trading desk daily to ensure proper trade bookings are accurate and trade flow is complete; perform trade amendments/booking on behalf of trading due to system and application limitations; monitor trades to ensure trading and sales trades match on economics; monitor RMS trade-flow and work with Tech on issues that arise
Input customer and house bids as per Trading/Sales; compute net long position calculation to meet Fed requirements; assist with Rates Fed requests monthly, quarterly, and yearly
Maintain the team’s procedures and Business Continuity Management document; liaise with team members on Life Cycle Management around Cash Fixed Income trades
Monitor TRACE and perform static data maintenance in front-end systems; test system enhancements prior to release; demonstrate strong market/regulatory knowledge and appropriate escalation awareness

Benefits

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
health and wellbeing benefits
retirement savings plans
parental leave
family building benefits
Educational resources
matching gift and volunteer programs