Rates Trade Assistant

Job Description A Financial Services Firm based in New York City is seeking an experienced professional to join their team as a Rates Trade Assistant. Responsibilities Support trade capture and post-trade processing, including booking, amendments, allocations, confirmations, and settlement follow-up. Reconcile trades and positions, investigate discrepancies, and coordinate resolution with internal teams and counterparties. Monitor exceptions in risk and position data and assist traders with execution-related requests and daily inquiries. Prepare daily P&L and position reports and help explain material changes to traders. Partner with Technology to test system enhancements and automate manual processes to reduce operational risk. Develop and document procedures to support new trading activity and accommodate higher volumes. Coordinate with internal stakeholders on trade inquiries, reporting requests, and special projects. Qualifications Bachelor’s degree in Finance, Economics, or a related field required. 3–5+ years of experience in rates trade support or middle office, preferably at a bank or broker-dealer. Working knowledge of linear interest rate products, including government bonds, interest rate swaps, and futures. Experience with trade capture and booking systems and working with technology teams on system or process improvements. Strong analytical and problem-solving skills with close attention to detail. Clear communication skills and the ability to manage competing priorities under tight deadlines. Ability to learn new workflows quickly, take ownership of issues, and follow through to resolution.