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CMO Middle Office Sales Support Fixed Income/MM

4 months ago


New York City, United States Alliance Sourcing Network Full time

The Middle Office Sales Support team is responsible on supporting the Front Office Sales in the business of dealing Fixed Income, and Short-Term Money Market products.
In a dynamic and international environment, you will take in charge the control and support functions of the operations initiated by the New York Front Office Sales, from the negotiation, recording and processing of the transactions. Your role will be to facilitate and smooth the processing of the operations by ensuring an effective and relevant control process of operations. Primary Responsibilities:
The main responsibility is to control and guarantee the accuracy and timeliness of the Sales capture, amendment and life cycle events in FO systems.
The CDT Sales MO Support Analyst is specifically responsible for carrying / monitoring the below tasks:
Allocating and validating trades (and sales credits) in Omega
Post-Trade allocations in CTM and FIX
Coordinating allocation exception management when appropriate
Validating allocations in CTM and FIX processing related confirmations
Checking Omega and all trading platforms (Bbg, Tradeweb, MarketAxess) for any outstanding trades that need validation
Monitoring Trades pre-confirmation, check trade details (ISIN, hedge amounts, yield, settlement amount and dates) as clients' confirmations and details of account splits are received via e-mail or Bloomberg. Catch any potential errors in the trade details.
Assisting resolution of BO queries sent to sales
Investigating and managing resolution of breaks and failed trades sent by BO and MO teams
Ensuring the exhaustiveness of the daily capture in Omega by reconciling Omega with internal and external systems
Client Services:
- Client liaison and voice confirmations
- Post trade follow-up (send client the sales recap per the client request\verification that confirmations were sent to golden clients)
- Work with other NY MO individuals, and liaising with MOs globally and EBO to ensure smooth settlement for international trades
On boarding interface with KYC team
- Monitoring On boarding process (initiated and managed by salespeople)
- Identifying funds to be onboarded and assisting completion of sub-account forms for allocations
- Monitoring correct creation of funds within internal systems Secondary responsibilities
Ensure the controls and procedures are developed to support the business and reduce operational risk
Service Quality and Processes improvement:
- Propose and formalize any improvements on controls and procedures
- Develop efficiency initiatives
Compliance and Governance
- Ensure compliance with CMO and New York governance and organization directives
- Promote operational controls and segregation of duties
Control and awareness
- Exert vigilance to unusual or inappropriate (i.e. unusual, un-economic or fraudulent) sale practices

CMO Middle Office Sales Support Fixed Income/MM