Our client, a global asset asset management firm, is seeking a Fixed Income Operations Associate to join their growing operations team. This individual will be responsible for supporting the end-to-end trade lifecycle across a broad range of fixed income products, ensuring timely trade processing, settlements, reconciliations, and operational support. The ideal candidate will have experience working in a fast-paced investment environment and possess strong knowledge of fixed income products, post-trade operations, and daily interaction with front office, treasury, custodians, and counterparties.
Responsibilities include:
- Support the end-to-end post-trade processing lifecycle for global fixed income products.
- Process trade allocations, confirmations, and settlements across multiple counterparties and custodians.
- Perform daily trade, position, cash, and settlement reconciliations to ensure data accuracy.
- Investigate and resolve settlement exceptions, failed trades, and buy-ins in a timely manner.
- Coordinate closely with Trading, Portfolio Management, Treasury, Risk, custodians, brokers, and counterparties to facilitate smooth trade execution and settlement.
- Process coupon payments, maturities, principal paydowns, and corporate actions.
- Maintain security master data and other static reference data.
- Monitor daily cash movements and settlement funding requirements.
- Execute operational controls, support audit requests, and ensure adherence to internal policies and procedures.
- Participate in process improvement initiatives and automation efforts to enhance operational efficiency.
- Maintain operational procedures, documentation, and business continuity plans.
Requirements:
- 2+ years of fixed income operations experience within a hedge fund, asset manager, investment bank, broker-dealer, or custodian.
- Hands-on experience supporting fixed income trade processing, settlements, reconciliations, and lifecycle events.
- Knowledge of fixed income products including U.S. Treasuries, corporate bonds, agencies, municipal bonds, repos, and money market instruments.
- Experience with Bloomberg, CTM, SWIFT, or reconciliation platforms is preferred.
- Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.
- Ability to manage multiple priorities while working in a fast-paced, deadline-driven environment.
- Strong communication skills and the ability to collaborate effectively across operations, trading, portfolio management, treasury, and risk teams.
- Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field preferred.
Pay: $40/hr – $50/hr
