Middle Office Associate

Responsibilities

• Understanding concepts & workflows related to bank debt, such as:
• Maintenance of all bank loan activity (interest rate resets, principal repayments, principal drawdowns, margin changes)
• Coordinate trade settlement of primary & secondary loan closings with external parties (par & distressed, LSTA & LMA)
• Liaise with trustees and agent banks to resolve discrepancies
• Oversight of complex restructures including defaults, refi’s and extensions
• Support of cash/position/trade reconciliation process and assist with managing complex reconciliation issues
• Cash balance oversight for portfolio managers
• Support trade life cycle pre-settlement events across many other fixed income
• Analyze, document and improve current processes and controls
• Provide escalation for middle office team across business lines and work with bank, brokers and internal groups to solve problems

Requirements / Skills

• 3+ years of recent experience in asset management on a buy side Middle Office team
• Understanding of post execution, confirmation, settlement and fail resolution of fixed income and equity products including bank loans, corp bonds, treasuries, equities (domestic and foreign) and mortgages
• Knowledge of Omego’s suite of post execution applications
• Knowledge of various derivative products such as futures, OTC, FOREX
• Experience and comfort dealing directly with clients, investment teams, and other senior stakeholders
• Strong communication and interpersonal skills.
• Highly organized, detail oriented, ability to multi task and problem solve
• Advanced Microsoft Office skills
• Relevant applications: WSO, Clearpar, Bloomberg AIM, Tradeflow, Omgeo, Margin Manager