Trading Assistant

Summary

Whitecap Search is partnering with our client who is seeking a detail-oriented and organized individual to support the daily operations of their ABS desk. The role involves investment allocations, compliance monitoring, security setups, and frequent communication with trading and repo desks. The ideal candidate will have experience in middle office/operations roles, preferably within a buyside institution, and possess knowledge of fixed income products and derivatives.

Job Function

• Support daily operations of ABS desk including investment allocations, compliance monitoring, and security setups.
• Engage in post-trade reporting and maintain communication with trading and repo desks using our OMS and Bloomberg AIM.
• Assess potential opportunities for operational complexities by attending investment committee and firm strategy meetings.
• Assist in optimizing entity structuring and ensure trades are allocated in accordance with policy and latest PM directives.
• Review complex deal documents for privates, set up new securities, and maintain them throughout the trade life cycle.
• Book and monitor all asset-level investment activity in the portfolio management/accounting system, Advent Geneva.
• Manage asset-based leverage with lenders and coordinate activity required to operate our business and meet leverage objectives.
• Coordinate weekly pipeline meetings with investment staff to review new deals and project activity on existing arrangements.
• Work with AI, IT, and third-party outsource on automation and delegation to reduce manual work and create leverage for the team.
• Prepare monthly and ad hoc reporting for the investment staff including returns, trading activity, and holdings/analytics.

Job Requirements

• BA/BS degree required, preferably in Finance.
• 2-4 years of experience in middle office/operations roles, preferably with time at a buyside institution.
• Knowledge of fixed income products and related derivatives, specifically ABS, Corporates, Repo, IRS, CMBX, CDX, TBAs.
• High degree of proficiency in Microsoft Excel is required; experience with AI is a plus.
• Highly organized with exceptional attention to detail.
• Process-improvement oriented with the ability to collaborate with IT to drive business initiatives.
• Excellent communication and teamwork skills.
• Experience with Bloomberg is preferred; TradeWeb/Advent Geneva experience a plus.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted guarantee of certain compensation package for position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.