Associate - Trade Management


Financial Services


New York, New York

Employment Type



Well-Established Structured Credit fund is looking to hire a Middle Office - Trade Management professional who will directly support the ABS/Derivative Trading desks.  This role will report into a VP who is a great mentor/leader with vast experience and product knowledge to share.

Job Description:

Compensation : $100000 - $130000
Job ID : 14143

  • Support daily operations of ABS desk which entails investment allocations, compliance monitoring, security setups, post trade
    reporting, and having frequent trading and repo desk communication leveraging our OMS, Bloomberg AIM
  • Assess potential opportunities for operational complexities by attending investment committee and firm strategy meetings
  • Assist in optimizing entity structuring and ensure trades are allocated in accordance with policy and latest PM directives
  • Review complex deal documents for privates, setup new securities and maintain them throughout trade life cycle
  • Book and monitor all asset-level investment activity in the portfolio management/accounting system, Advent Geneva
  • Troubleshoot any cash breaks and process security updates for interest shortfalls, revised remittances and more
  • Manage asset-based leverage with lenders and coordinate activity required to operate our business and meet leverage objectives
  • Coordinate weekly pipeline meetings with investment staff to review new deals and project activity on existing arrangements
  • Work with IT and third party outsource on automation and delegation to reduce manual work and create leverage for the team
  • Prepare monthly and ad hoc reporting for the investment staff which includes returns, trading activity and holdings/analytics
  • Liaise with IT & investment teams to manage interactive dashboards to assist in portfolio management
  • Conduct regular meetings with investment staff to discuss monthly reporting prepared and operational initiatives
  • Provide deal expertise to collective back-office and sign-off on deal level P&L for the purposes of return estimates and NAV closes
  • Assist portfolio managers, investor relations and senior management with frequent ad hoc analyses and requests  

Job Requirements:

  • BA/BS degree required, preferably in Finance
  • 3-6 years of experience in middle office/operations roles, preferably with time at a buy-side institution
  • Knowledge of fixed income products and related derivatives, specifically ABS, Corporates, Repo, IRS, CMBX, CDX, TBAs
  • High degree of proficiency in Microsoft Excel is required
  • Highly organized with exceptional attention to detail
  • Process-improvement oriented with ability to collaborate with IT to drive business initiatives
  • Excellent communication and teamwork skills
  • Experience with Bloomberg is preferred, TradeWeb/Advent Geneva experience a plus  


Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.