What are the responsibilities and job description for the Trade Support Analyst position at Strategic Staffing Solutions?
JOB DESCRIPTION
Senior Trade Support Analyst
Boston MA – hybrid onsite 3 days/week - $46-48/hr W2 ONLY
12 month contract
6 years of investment operations experience is ideal, will accept 5 years
Mandatory requirements:
- Working knowledge of EITHER Bloomberg or Charles River order management systems – ONLY ONE IS REQUIRED
- Strong understanding of the post-trade DTCC applications (CTM, Alert, etc.)
Requirements:
- Extensive knowledge and understanding of domestic and international fixed income securities settlements
- Strong working knowledge of buy-side fixed income securities, financial instruments, and markets
- Intermediate Microsoft Office (Word, Excel, and Outlook) skills
- Ability to navigate multiple computer systems, applications, and search engines to find relevant information Customer service focus with experience actively listening, eliciting information, comprehending customer issues/needs
Day to Day
- Function as primary liaison for post-trade confirmation of trade details with brokers, ensuring that all executed trades result in the issuance of a broker trade confirmation for each account allocation.
- Function as primary liaison for communication of trade allocation details to custodians and other interested parties.
- Interact with securities traders, brokers and custodian banks to coordinate timely resolution of complex trade problems.
- Determine the cause of mis-matched trades between brokers and custodians and work with the appropriate party to bring the trade details into agreement.
- Coordinate cancel/re-books with traders.
- Ensure that all issues necessary for successful settlement are resolved.
- Identify, research and resolve failed trades.
- Establish effective relationships with team members, portfolio managers, traders, brokers and custodians
Salary : $46 - $48
