Middle Office Associate

3 days ago


boca raton, United States Ascendo Resources Full time

Seeking a Middle Office Specialist for our Hedge Fund client. You will report to the Treasurer and support the rates desk as well as performing daily collateral management duties.


Responsibilities

  • Trade support for all trades executed by the rates desk including instrument setup and maintenance, account and strategy creation, tagging, and booking
  • Ensure trade recaps are accurate
  • Provide daily trade allocations
  • Affirm all eligible trades are legally confirmed on Marketwire
  • Facilitate novations directly on Marketwire or by initiating paper confirms
  • Track all fund allocations to be reviewed
  • Work with Operations to assist in resolving trade breaks, payment discrepancies, provide trade recaps
  • Daily responsibility for settling margin relating to FCMs, bilateral ISDAs and Repo


Qualifications

  • Bachelor’s degree in Finance, Accounting, or related field.
  • 5+ years of experience with Fixed Income, Equity, FX, Cleared Derivatives, OTC traded products strongly preferred.
  • Ability to think and perform under pressure
  • Excellent problem solving skills
  • Strong communication skills
  • Advanced MS Excel skills a plus
  • Experience with Bloomberg, SQL, MarketWire, TradeServ, TriOptima is a plus



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