Associate - Investment Grade Bond Syndicate

Job description

You primary focus will be on day-to-day deliverables, developing solutions based upon subject expertise, and occasionally representing the department or function at a broader level. You will provide Trade Support for the Investment Grade Primary Desk, including the daily reconciliation, support and associated DTC/Euroclear/FED settlement of Fixed Income Products.

Responsibilities

Trade support of IG Syndicate desk for corporate and US Treasuries bonds. Ensure proper controls are in place to resolve trade breaks in a timely manner, meet all regulatory reporting requirements (TRACE, Reg M , Section 11d, Canadian Sales), Balance positions and work with operation teams to monitor GSCC, NSCC, DTC and Euroclear. Use TRACE, Bloomberg, Impact, DirectBooks, Issuenet, BondBook, MS Excel Monitor/ Action Reconciliations (Positions, Transactions) in several systems, request CUSIPs, request and validate Bloomberg Description Pages are correct, FINRA TRACE setups, verify accuracy of setups in front end systems Prepare and send internal announcements to align downstream teams, ensure updates / changes are communicated to relevant ops teams.

Ensure smooth settlement on settlement date (working w/ Operations and FO teams). Handle operational ad-hoc queries from Desk, Product Control, Compliance, and Operations. Support the implementation of new business initiatives while maintaining efficiencies and controls. Ensure all queries/issues are addressed in a timely fashion. Escalate issues when necessary. Reconcile all trade differences quickly to ensure all bookings are accurate Ensure positions are in sync and resolve any position breaks with Operations teams.

Work with operations to resolve fails and unmatched trades in a timely fashion. Ensure all amendments are accurate and approved by Syndicate and Secondary desk (when necessary) for audit transparency. Assist with Roadshow planning Familiarity with MIFID regulations and ensure their compliance whenever necessary. Complete and maintain post-trade deal files Coordinate all league table filings/league table data maintenance.