Traxion Group, Inc. · 6 days ago
Trade Support Specialist Miami on site 5 days a week
Miami, FL
Full-time
Onsite
Mid, Senior Level
$110K/yr - $120K/yr
5+ years expTraxion Group, Inc. is seeking a driven and detail-oriented operations specialist to join their Operations team. This role involves managing the complete trade life cycle for various bond products and liaising with internal and external stakeholders to ensure efficient trade settlements and reconciliations.
AdviceBusiness IntelligenceConsultingManagement ConsultingProject Management
Responsibilities
Handle complete trade life cycle for a number of key products including US Treasuries and corporate bonds, mortgage securities, foreign government and corporate bonds and repo trades
Manage settlements both internally and at Prime Brokers with an awareness of time sensitive deadlines at the Fed and DTC
Daily liaison with custodian banks, front and middle office at Millennium, counterparties, and other internal divisions with regards to trade confirmation, fails, corporate actions, and other related queries
Cash/Positions/Trade activity reconciliations - daily resolution of assigned breaks
Intraday cash management related to trade settlements with Prime Brokers
Monthly P&I processing and resolution of issues versus agent banks
Qualification
Required
Experience with both agency and non-agency mortgage backed securities is strongly desired including TBAs, stipulated TBAs, pools, CMOs, and CMBS
Knowledge of the TBA net out process as well as pool allocation and strong understanding of FICC processes and standards is preferred
Undergraduate degree in a business related discipline (finance, economics, accounting, etc.)
Excellent communication and interpersonal skills; ability to communicate with PM's and brokers
Five to seven years of experience at a financial services firm
Ability to work independently
Proficiency with Excel
Well- organized, detail- oriented; able to multi-task and keep track of various deadlines
Strong analytical and problem solving skills
Benefits
Bonus
Company
Traxion Group, Inc.
Traxion Group is a management consulting firm that specializes in: 1) Business Intelligence 2) Cost Management 3) Process Improvement 4) Project Management From Fortune 100 financial services firms to local distribution companies, Traxion has successfully executed projects spanning a host of industries by applying tools that are tailor-fit to meet each client’s needs.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Adam Morse
Managing Director
Company data provided by crunchbase