What are the responsibilities and job description for the Fixed Income Back Office Operations Manager position at AJ Consultancy?
Our client a top tier financial services is seeking a Fixed Income / Fed Settlements specialist to join their growing team. This is a full-time opportunity offering a hybrid schedule (2 days in office) sitting in New York or New Jersey.
Key Responsibilities :
- Utilize in-depth knowledge of Impact and BNY BDC systems to ensure the timely settlement of client transactions.
- Monitor the firm's liquidity to mitigate potential overdraft charges within BNY.
- Track failed transactions (TMPG) and proactively follow up with counterparties to ensure fund settlements.
- Oversee client FICC activities and manage uncompared transactions, ensuring alignment with fund settlement requirements.
- Coordinate with clients' trading desks on collateral movements across various BNY accounts.
- Identify and mitigate risks associated with high-value trades to minimize operational exposure.
- Escalate operational issues or client complaints to senior management as necessary.
- Foster strong working relationships with internal teams and clients' trading desks to ensure seamless operations.
- Perform additional duties or responsibilities as required to support team and organizational goals.
Preferred Qualifications :
Skills and Competencies :
