Treasury and Repo Trading Support Middle Office Associate

Job Title

In this role you will be responsible for control and support functions of the operations initiated by the Treasury and Repo Front Office in New York, from the negotiations, recordings, and processing of transactions. Your role will be to facilitate and ensure all operations are processed in a timely manner. You will be a point of contact and liaise with entities both internally (Front Office, Middle Office, Back Office, Compliance, IT, Product Control, Risk Management, Project Management) and externally (Clients, Broker/Dealers, etc.). You will also develop various skills such as knowledge of financial products, financial markets, and best business practices. This position is based in New York. You will report locally to the New York Head of Repo and Treasury Trading Support Middle Office.

Key Responsibilities

• Assist and control the Treasury and Repo business line
• Manage the Global Repo business with both Paris and New York teams
• Trade monitoring, workflow control, and trade validation for timely settlement and accuracy
• Develop a reliable and effective control function of the perimeter
• Participate in projects to optimize trade workflow, deploy new products, system enhancements/fixes, new regulations, and market rules

Support Tasks

• Ensure the integrity of all transactions and positions across multiple trading applications
• Perform first level of control by ensuring trades are booked accurately, cash flow balances are correct, triparty and bilateral trades are matched and settled in a timely fashion
• Investigate, analyze, and resolve trade breaks
• Process funding and repos as required for Trading and Sales
• Manage and monitor post trade life cycle events
• Manage trades amendments in Front office systems as appropriately requested while confirming the impacts are in line with expectations
• Maintain high level of client service for external and internal stakeholders
• Contribute to the development of reliable and effective control functions while making certain procedures are updated and are in place to reduce operational risk
• Assist in the identification, specification, and user testing of system enhancements
• Ensure coverage and support to FO and within the team to undertake day to day tasks with respect to temporary needs, holidays, or illnesses
• Main point of contact for FO while being the liaison between FO and other teams
• Act as a point of contact for the introduction of new products and ensure that procedures are in place to manage these transactions
• Ensure the functional link with the Treasury Middle Office (located in Paris)

Salary Range: $100k - $120k