Associate - Trading Assistant


Division

Financial Services

Location

New York, New York

Employment Type

Permanent



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Well-established Structured Credit & Private Equity investment fund is looking to hire a Product Management/Middle Office professional who will sit on the trading desk and will manage all non-investment related functions around the issuance/execution of complex structured credit transactions.  

Job Description:


Compensation : $105000 - $140000
Job ID : 13502

 

  • Oversee key operational aspects around the issuance/execution of complex structured credit transactions.   
  • Responsible for the setup of new securities and ongoing deal maintenance throughout the trade life-cycle
  • Trade booking of all asset-level investment activity into accounting system (buys, sells, draws & repayments, interest, fees, expenses, etc.) and ensure the same is relayed to Fund Administrator
  • Work with trading desk to review borrowing bases, satisfy funding requests, and ensure interest & fees are being charged correctly
  • Manage the asset-based leverage with Lenders and coordinate necessary funding’s to operate our business
  • Conduct monthly meeting with trading desk and management to review performance, trading activity, and holdings/analytics
  • Partner with portfolio managers, business development, and senior management with ad hoc analyses and requests
  • Maintain desk-specific interactive dashboards to assist in portfolio & pipeline management
  • Coordinate weekly pipeline meetings for trading desk to review upcoming deals and projected activity on existing arrangements
  • Active involvement with idea generation and implementation of creating quality solutions within the team to support new client and business activity

Job Requirements:


 

  • BA/BS degree required with a minimum of 4 years of experience in financial services
  • Knowledge of Bonds, Derivatives, CLO’s and Whole Loans
  • Sound judgement and strong problem solving skills
  • Team player with ability to build strong cross-functional relationships
  • Extremely organized, detail-oriented, with control mind-set
  • Expert MS Excel skills
  • Strong PC Skills including with some reporting tools preferred (Power BI, Tableau, Alteryx)

 

 

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.

 

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