What are the responsibilities and job description for the Fixed Income Back Office Operations Manager position at AJ Consultancy?
Job Description
Job Description
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 located in Connecticut. This is an onsite role, and you must have BONY BDC system experience as well as FIS Phase3 Experince and Helix system Experience, they are "MUST HAVES".
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 :
