What are the responsibilities and job description for the Fixed Income Trader & Operations Associate II position at Alpaca?
Your Role:
As a Fixed Income Trader & Operations Associate II you will be responsible for all aspects of the firm's fixed income product offering. The job includes handling the buying and selling across all fixed income products approved by the firm such as the U.S. Treasuries Bonds, Bills, and Corporate Bonds. You will also be responsible for helping the firm build out the product offering and operational structure which includes regulatory reporting requirements, client communication, and all project related activities to make sure the firm has the most effective fixed income offering.
Things You Get To Do:
- Trader/Operational Subject Matter Expert to oversee and provide specialized expertise across all aspects of the Fixed Income Product Offering.
- Help manage the day-to-day operations of the Fixed Income Product Offering, including trade execution, clearing, settlements, and corporate actions, ensuring accuracy and efficiency across processes
- Partner with internal teams, including trading, operations, and external partners (execution venues and custodians), to create comprehensive day-to-day workflow documentation.
- Leverage the firm’s technology stack to streamline trading and operational workflows, creating efficiencies across the fixed income lifecycle.
- Provide feedback and actionable suggestions for continuous improvement of the Fixed Income product offering.
- Partner with the Compliance team to ensure the Fixed Income operations adhere to all regulatory requirements, providing input and expertise to assist in the creation and maintenance of the firm’s written supervisory procedures.
Who You Are (Must-Haves):
- Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
- Has a minimum of 5 years in the fixed income industry
- Must possess comprehensive knowledge of the fixed income space, including trading, regulatory requirements, and operational processes such as execution, reconciliations, corporate actions, and tax considerations.
- Proven experience with clearing and settling Fixed Income products, particularly through FICC
- Experienced in SQL and Google Suite; familiarity with additional data analysis or workflow tools is a plus.
Excellent organizational skills, and a problem-solver who is able to provide effective solutions - Effective communication skills, both written and verbal, to interact with internal and external stakeholders.
- Ability to work independently, manage priorities, and meet deadlines in a fast-paced environment.
- Has a Series SIE, 99, and 57, 24 preferred but not required.
