Trade Support Middle Office Analyst

Application ends: April 30, 2024

Job Description

About the job

Position Overview:The Trade Support provides middle-office operations support to the firms Equity and Fixed Income Trading Desks, Portfolio Managers and Wealth Advisors for their multifaceted client base. This will be accomplished by interacting with the firm’s traders and portfolio managers, while coordinating with the other support and control areas within Operations and Technology. Products supported include domestic and international equity and fixed income securities, options, fx, futures and mutual funds. Functions will include trade capture, exception management, daily reconciliations, fails management and regulatory reporting. The job requires candidates to have knowledge of all products, strong written and verbal communication skills, organizational skills, be highly motivated to succeed and can manage the day to day pressure of supporting multiple trading desks. The individual will be responsible to assist senior management in gathering key weekly and monthly metrics, identifying efficiency enhancements for trade flows, risk mitigation and assist with on-boarding of new business and products.Responsibilities:

  • Daily trade processing, intra-day, T1 and post-settle reconciliation of client and firm accounts for cash and position balancing.
  • Daily trade comparison and fail management.
  • Regulatory reporting, review and resolution for CATS and TRACE reports.
  • Facilitate new business on-boarding with internal and external parties and ensure new products and trade flows are set up timely and accurately for trading.
  • Interact with broker dealers, prime brokers and custodian banks for trade notification, affirmation and settlement.
  • Resolve trade discrepancies with our brokers, custodian banks and settlement teams.
  • Respond to daily inquiries from traders and portfolio management teams on trades, positions, corporate action events and cancel correct processing.
  • Serve as a key point of contact for internal clients for Compliance, Risk, Finance and other functional areas within the firm for all operational related topics.
  • Perform month end attestation reporting for fails, trade errors and aged reconciliation items.
  • Seek solutions for system automation via STP (Straight Through Processing), monitor potential risk and implement solutions to mitigate them.
  • Static Data Maintenance of broker codes, account information and assets.


  • Minimum three to five years of industry experience required, buy side asset management preferred.
  • Track record of being a team leader or supervisor a plus.
  • Strong knowledge and understanding of domestic and international Equity and Fixed Income products and settlement practices.
  • Understanding of regulatory practices for CATS and TRACE Reporting a plus.
  • Strong organizational, communication and interpersonal skills.
  • Proficiency in Microsoft Office products.
  • Strong problem-solving skills and an ability to demonstrate sound judgment to execute solutions.
  • Risk oriented mindset and control awareness to apply to current operating environments.
  • Ability to identify and escalate potential or actual trade issues or errors that may cause financial, regulatory or reputational harm.
  • Self starter and team oriented with an ability to initiate ideas and implement solutions to projects with minimal supervision.