Sr. Trade Support Analyst - Daley and Associates
New York, NY
About the Job
We are currently seeking candidates for a Sr. Trade Support Analyst position. The position is with an industry leading investment management firm. The ideal candidate will have 5+ years of middle office investment operations experience. Proficiency in French is preferred but not required.
This is a 6-month contract to hire position that will pay $45-$50/hr per hour within a 40 hour work week.
Responsibilities:
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Receive and meticulously reconcile trade execution details (excluding temporary disposals) from various internal systems with counterparties to guarantee accuracy.
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Monitor the delivery versus payment (DVP) settlement process with custodians, ensuring timely delivery of securities and receipt of payment.
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Utilize your experience with equities, ETFs, convertibles, bonds, TCNs, CTM/Alert and Bloomberg Tools (in consultation) to effectively manage trade processing activities.
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Demonstrate proficiency in interpreting Swift messages related to settlements (MT540, 541, 542, 543, 544, 545, 546, 547, 548) for seamless communication.
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Be adept at using the usual MS Office tools for efficient data manipulation and report generation.
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Set up precise instructions for custodians related to deliveries (DEPO) and settlements (VALO) based on reconciled trades.
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Analyze and resolve discrepancies (pending positions or cash) identified through the "Pole Position and Reconciliation" process, ensuring accurate account balances.
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Participate in the evaluation of counterparty performance and reliability ("intermediaries").
- Bachelor's Degree (required)
- 2-5+ years years of experience in securities processing or trade support
- Experience with securities products like equities, ETFs, convertibles, bonds, and TCNs (advantageous).
- Working knowledge of CTM/Alert and Bloomberg Tools (a plus).
- Understanding of Swift messaging related to settlements (MT messages).
- Proficient in FRENCH (preferred)
If you are interested in learning more about the opportunity please send your resume to Allie at aross@daleyaa.com.
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