Job description

Summary
In a dynamic and International environment, you will be responsible for control and support functions of operations initiated by the New York Credit Front Office deriving from post trade execution, books and recordkeeping and trade processing of Fixed Income Market transactions. Your role will be to facilitate trade settlement to ensure all operations are processed efficiently and in a timely manner.

You will be a point of contact and liaison between internal (Front Office Trading, global Middle Office and Back Office teams, Compliance, IT, Market Activity Monitoring, Project Management) and external entities (Clients, Broker/Dealers etc.).
You will develop various skills such as knowledge of financial products, the financial markets, and best business practices.

The position is based in New York. You will report locally to the Manager of the Credit & Repo/Money Markets Middle Office.

Key Responsibilities
The Middle Office team is responsible for assisting and controlling the Credit and US Govies business line including products such as Corporate Bonds, US Treasury Bonds, US Treasury Futures, Credit Derivatives, etc. This includes trade monitoring, workflow control, and trade validation to ensure timely settlement and accuracy of Front Office positions, risk exposure and trade capture. You will contribute to the development of a reliable and effective control function of the perimeter. You will also have the opportunity to participate in various projects related to client business development in order to optimize secure transactions and to provide control of risks. You will also participate in business projects such as new market developments, new products, system enhancements/deployment, new regulations and market rules.

Specific Responsibilities:
·        Monitor FINRA TRACE reporting via TRAQS ensuring all corporate bond, securitized and US Treasury trades match within the required regulatory timeframe
·        Ensure accurate capture and data quality in all Front office systems throughout the course of the day
·        Manage trade amendments in front office booking system upon request while ensuring relevant control modifications are accurately reflected in TRACE, Trading’s position, pnl, and risk
·        Monitor and perform controls for the front to back office trade workflow while following up with numerous teams to resolve discrepancies and settlement issues
·        TAAPS processing for US Treasury Auctions bidding
·        Process repo bookings on corporate bond, US Treasuries, Corporate Actions event bookings, manage buy-in requests and process conversions as needed
·        Assist in the investigation of failed trades and trade-related discrepancies while providing solutions in a timely manner
·        Daily financing of Front Office security position and currency balances
·        Facilitate trade settlements and clearing in DTC, Euroclear/Clearstream, Fedwire and CME Clearport

Complément

Key Responsibilities Continued:
·        Frequent communication with numerous teams including internal and external entities such as front office, back office, Risk Management, IT, management, clients, brokers, Finance Department, etc.
·        Investigation and follow-up of breaks sent by back office, middle office or internal departments
·        Provide high level, quality support to front office within the Middle Office’s perimeter and established global mandates
·        Ensure controls and procedures are developed to support the business while reducing financial and operational risk
·        Assist in the identification, specification and testing of system enhancements
·        Develop and maintain strong relationships while communicating will all Middle Office teams located globally including MDA teams maintaining interface between all entities
Others:
·        Service Quality and Processes improvement:
-         Propose and formalize any improvements on controls and procedures
-         Develop efficiency initiatives

·        Compliance and Governance
-         Ensure compliance with CA CIB CMO [Head Office] and CA CIB NY governance and organization directives
-         Promote operational controls and segregation of duties

#LI-DNI