Sec Lending/Fixed Income Operations Associate

job
  • Phaxis
Job Summary
Location
Hoboken ,NJ 07030
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
23 Jan 2025
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Job Description

A global Financial Services firm is looking to hire an experienced Sec Lending/Fixed Income Operations Specialist to join their team and work on a contract assignment in Hoboken, NJ (hybrid position).


** This is an immediate need **


Apply now for more details!


JOB DESCRIPTION:

Key Responsibilities:

  • This position is as a part of the team responsible for Settlements in respect of the Capital Markets derivative business.
  • Each team member works collaboratively to execute the following responsibilities on a daily and adhoc basis.


Settlements:

  • Manage and oversee all derivative cash flow settlements across the MUSO derivative entities.
  • Responsible for entering settlement instructions into the company's system and checking them for accuracy, including completing client call back instruction verification.
  • Agreeing, processing and reconciling netting based on counterparty instructions.
  • Track, investigate & recover non receipts of funds.
  • Tie CLS cash flows to internal system. Investigate CLS discrepancies. Reconcile, agree and post CLS funding.
  • Investigate balance sheet and nostro breaks with Finance and Bank staff members.
  • Processing occurs within the following external confirmation/Settlement Systems 360T, Bloomberg CMS, MiSYS, GTSS and FX All Settlement Center.


Skills:

  • Track, investigate & recover non receipts of funds.
  • Tie CLS cash flows to internal system. Investigate CLS discrepancies. Reconcile, agree and post CLS funding.
  • Investigate balance sheet and nostro breaks with Finance and Bank staff members.



Pay: $35-$40/hr w2