Job Overview – Trade Support Associate (Hybrid):
Step into the role of Trade Support Associate with our client’s New York-based team. This hybrid position is central to managing the trade booking process, monitoring trade activity, and ensuring the seamless flow of operations in the order management system (OMS) for a range of investment products.
Compensation: $80,000 – $110,000/year + bonus
Location: New York, NY
Schedule: Monday to Friday (Hybrid)
Responsibilities as the Trade Support Associate:
- Trade Booking: Manage trade booking and monitor activities in the OMS, including start- and end-of-day positions and checkouts.
- Allocations: Ensure timely confirmation and allocation of trades, perform updates, rebooking's, and resolve trade fails.
- Reporting: Manage timely MiFID II APA and ARM trade reporting, maintain Alpha Centrix messaging, and assist with regulatory reporting.
- System Integration: Oversee CTM and Clearpar integrations, manage broker maintenance, and resolve communication issues with back-office systems.
- Data Management: Maintain and monitor account alerts and trading updates, ensuring accurate reconciliation.
Qualifications for the Trade Support Associate:
- Education: Bachelor’s degree in Finance or Accounting required.
- Experience: 1-3 years in Trade Operations within a bank, asset manager, or fund administration environment required.
- Industry Knowledge: Experience with fixed income operations (buyside or sell-side) is a plus, along with knowledge of bonds, bank loans, swaps, options, and equities.
- Technical Skills: Proficient in Microsoft Excel, Outlook, OMS, daily reconciliation, and trade support (CTM, Alert, iHS Markit, Advent Geneva, Allvue Everest, or IVP is advantageous).
- Attributes: Detail-oriented, analytical, organized, and calm under pressure.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.