Trade Operations Specialist
We are currently seeking candidates for a Trade Operations Specialist opportunity with a highly successful Investment Management firm located in Boston, MA. The ideal candidate will have 2-3+ years of relevant investment operations and/or fund accounting experience, and will be well-versed in working with various securities.
This is a 6-12+ month contract opportunity, paying $30-$35/hour (depending on experience).
Responsibilities:
- Ensure all trades executed in a trading system are processed in the company’s internal accounting system
- Ensure all trades not executed in a trading system (primarily derivative transactions) are manually updated in the company’s accounting system
- Update the accounting system and trading system with factor updates as needed
- Monitor a variety of data checks to ensure the accuracy of data within the trading and accounting systems
- Research and resolve open factor or trade issues, and escalate issues as needed
- Allocate mortgage-backed TBA trades and handle all associated processes pertaining to MBS securities
- Update accounting system with transactions pertaining to transfer-in-kind or paydown transactions and ensure corresponding portfolio positions correspond and reflect updates
- Conduct daily review of futures collateral holdings
- Conduct daily review of collateral on OTC derivatives
- Facilitates movement of collateral to counterparty or custodian bank as needed
Qualifications:
- BS/BA degree in a relevant field (finance, accounting, economics, etc.)
- 2-3+ years of relevant fund accounting and/or investment operations experience
- Solid experience working with all security types, including equities, bonds, interest rate swaps, credit default swaps, total return swaps, futures, options, MBS pools, asset-backed securities, bank loans, short-term securities, foreign exchange, and TIP securities
- Detail-oriented, deadline-driven, and self-motivated
- Excellent communication, organization, and prioritization skills
For immediate consideration, interested and qualified candidates should send their resumes to Jenny at jfriedman@daleyaa.com
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