Middle Office Associate Middle Office Associate …

State Street
in Princeton, NJ, United States
Permanent, Full time
Last application, 17 Feb 20
Competitive
State Street
in Princeton, NJ, United States
Permanent, Full time
Last application, 17 Feb 20
Competitive
State Street
Middle Office Associate
Operations Specialist, Associate I

IFS provides fund accounting, administration, tax, compliance and middle office trade support services to hedge fund managers. IFS combines its experienced teams of trained financial service professionals with sophisticated software development talent to create a superior trade support infrastructure that features Straight-Through-Processing (STP) and real-time information. The responsibilities of the operations group is to provide clients with portfolio pricing, trade allocation, confirmation, correction and settlement, prime broker interfaces, repo processing and cash management.

Job Description:
Basic understanding of settlements for generic equities, fixed income, futures and foreign exchange Process trades Confirmation of client trades by phone, fax or electronic mail Interact on a daily basis with prime brokers and client counterparties Resolution of trade breaks with client and counterparties Resolve fail with prime broker and counterparties Process client trademan files via excel Run end of day pricing reports and lock downs Review positions and P&L with client Run end of day management reports During the course of normal day to day operation, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures.

Requirements:
Bachelors degree 0-2 years of experience Working knowledge of financial products Knowledge of fixed income Knowledge of mortgage back securities a plus Excellent computer skills Superior communication skills Ability to work in a fast paced, demanding environment.
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