What are the responsibilities and job description for the Trade Operations Analyst position at Ascendo Resources?
FIXED INCOME OPERATIONS ANALYST - Greenwich, CT
Key Responsibilities:
- Utilize in-depth knowledge of Phase 3 and BNY BDC /Access-edge 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 un-compared 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:
- Minimum of 3 years of experience in Fed Settlement operations.
- Comprehensive understanding of Phase 3, and BNY BDC/Access-edge systems.
- Familiarity with reconciliation processes between BNY and Phase 3.
- Deep knowledge of TMPG and FICC processes...
Skills and Competencies:
- Strong functional and technical expertise in systems like Phase 3, BNY BDC, Access-edge, and FICC.
- Ability to thrive in a collaborative, fast-paced, and dynamic environment.
- Excellent analytical and problem-solving skills, with a capacity to navigate complex operational challenges.
- Solid understanding of Fed Settlement operations, products, and processes.
- Proven ability to recognize high-risk items and escalate appropriately to mitigate losses or breaks.
Salary : $110,000 - $130,000
