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Guggenheim Partners · 2 hours ago

Trade Execution and Funding Associate or Vice President

New York, NY

Full-time

Onsite

Mid Level

$100K/yr - $175K/yr

2+ years exp

Guggenheim Partners is a diversified financial services firm, and they are seeking an experienced individual to join its trade execution team. The role involves managing and executing transactions with bank clients, establishing funding facilities, and contributing to various funding solutions.

FinanceFinancial ServicesVenture Capital

Responsibilities

Work closely with Origination team and other GTS team members to deliver customized funding solutions to bank clients

Model and price funding transactions using Excel based on terms agreed with clients as well as internal funding considerations

Obtain necessary internal approvals to transact with clients, which requires synthesizing relevant transaction details into requests for approval, and addressing questions and concerns from colleagues in the business

Coordinate execution of funding transactions (repo, sec lending, swap, loan, etc.) as well as related hedges for swap transactions, involving purchase of equities, bonds, loans and other securities as required

Review transaction documentation prepared by operations group to ensure it matches terms agreed with client

Contribute to process of valuing securities referenced in swap transactions

Contribute to process of negotiating deal documents such as ISDAs, GMSLAs, MRAs and Master Confirmations

Assist with various ad-hoc and special projects as directed by management

Qualification

Funding markets experienceDerivative markets experienceFinancial modeling in ExcelTotal return swapsCollateral managementFinancing documentationClient-oriented mindsetAttention to detailAdapt

Required

Experience in funding (repo, sec lending) and derivative markets is required

Minimum of 2 years of relevant experience in derivatives, repo and/or funding markets; relevant experience could be front office in a trading environment or middle office in support of a trading or funding desk

Proficiency in financial modeling in Excel, familiarity with PowerPoint

Preferred

Familiarity with total return swaps is strongly preferred, and experience in fixed income TRS is especially favorable

Familiarity with financing documentation (GMRA, GMSLA, ISDA, credit agreements) along with experience managing collateral and custody arrangements is preferred as well

Experience in an equity prime brokerage (PB) environment, or in a structured funding group (credit funding, loan TRS), would be beneficial

Knowledge of funding markets and funding transaction structures

Exceptionally strong attention to detail

Comfortable operating under pressure in a dynamic environment

Develops rapport with clients and operate at all times with a client-oriented mindset

Willingness to follow internal procedures

Ability to adapt and to help improve how we transact with clients and how we operate internally