MUFG
Fixed Income Middle Office Trade/Sales Support (New York)
MUFG, New York, New York, United States, 10261
The Trade Support Associate/AVP will be responsible for supporting all the firms Fixed Income businesses but especially the Rates Trading and Sales Desks sitting on the trading floor performing trade capture for securities and derivatives, perform US Treasury Auctions and other FOMC Operations, and trade floor support functions ensuring the proper lifecycle of the trade. This person will be responsible for handling all Middle Office operational functions providing trade and sales support for Flow Products desks including Rates, Credit, Commercial Paper, Syndicate, Structured Products, and Institutional Investor Sales Desk.
Responsibilities: Perform trade capture for all trading and sales desks for Fixed Income Securities and Interest Rate, Credit, and FX Derivatives ensuring accurate correct bookings in a timely fashion Reconcile various T+1 break reports (FOBOs, BOBOs, Internal vs External/Exchanges, Internal vs Internal) to ensure all trades and positions are balanced and in line from previous trading day Perform US Treasury Auctions, potentially other FOMC Open Market Operations including submitting bids, calculating and submitting Net Long Position, confirming awards, record keeping, etc. Suspense Account - Follow up on any trades booked in the Client suspense account from prior day E-mail- Work on any e-mail queries from clients Confirms - Reconcile confirms received from MUSI with Bloomberg Tickets Throughout the Day Monitor Trading and Sales Panels working with Front Office on bookings, allocations, and Regulatory reporting Send trade-recap to customer clients and request for allocations. Check for any Trade Tickets with Euro Clear or Local settlements Euro Clear Settlements - Amend trade in Impact if necessary for the correct Depository. Work with Fedwire Settlements throughout the course of the day on cash trades, settlement status, and FICC breaks DTC monitor commercial paper trade flow and all settlements throughout course of day Work with Repo and Sec Lend desks in regards to funding/settlements of CP and UST cash trades Work with Credit Risk teams throughout the course of the day monitoring trades with non-margin customers Check for any Cxl'd and Corrected tickets to determine if any actions in the back office system is needed. Monitor MOCCA
Match, accept, and allocate trades on CTM - monitor for errors, unmatched trades, mismatches, allocations, etc. Monitor Impact - Check TUR and SUR for trade entry exceptions. Monitor various intraday break reports Handle any queries from Settlements or P&S Monitor Markitwire Liaise between Front Office and Settlements & P&S Monitor ICE for CDX/CDS activity throughout the day Monitor CME for futures and options trades throughout the day Monitor OCC for Options trades throughout the day Monitor Trace / ORF throughout course of the day Monitor ACT / WorkX throughout course of the day Monitor RTTM throughout course of the day Work on any Client queries. Syndicate Support Suspense any outstanding trades Monitor Impact - Check TUR and SUR for trade entry exceptions prior to leaving. End of day closing/balancing/checks
Qualifications: Degree or equivalent work experience equally preferable. Degree in Business or Finance a plus
The typical base pay range for this role is between $98K - $131K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary
Responsibilities: Perform trade capture for all trading and sales desks for Fixed Income Securities and Interest Rate, Credit, and FX Derivatives ensuring accurate correct bookings in a timely fashion Reconcile various T+1 break reports (FOBOs, BOBOs, Internal vs External/Exchanges, Internal vs Internal) to ensure all trades and positions are balanced and in line from previous trading day Perform US Treasury Auctions, potentially other FOMC Open Market Operations including submitting bids, calculating and submitting Net Long Position, confirming awards, record keeping, etc. Suspense Account - Follow up on any trades booked in the Client suspense account from prior day E-mail- Work on any e-mail queries from clients Confirms - Reconcile confirms received from MUSI with Bloomberg Tickets Throughout the Day Monitor Trading and Sales Panels working with Front Office on bookings, allocations, and Regulatory reporting Send trade-recap to customer clients and request for allocations. Check for any Trade Tickets with Euro Clear or Local settlements Euro Clear Settlements - Amend trade in Impact if necessary for the correct Depository. Work with Fedwire Settlements throughout the course of the day on cash trades, settlement status, and FICC breaks DTC monitor commercial paper trade flow and all settlements throughout course of day Work with Repo and Sec Lend desks in regards to funding/settlements of CP and UST cash trades Work with Credit Risk teams throughout the course of the day monitoring trades with non-margin customers Check for any Cxl'd and Corrected tickets to determine if any actions in the back office system is needed. Monitor MOCCA
Match, accept, and allocate trades on CTM - monitor for errors, unmatched trades, mismatches, allocations, etc. Monitor Impact - Check TUR and SUR for trade entry exceptions. Monitor various intraday break reports Handle any queries from Settlements or P&S Monitor Markitwire Liaise between Front Office and Settlements & P&S Monitor ICE for CDX/CDS activity throughout the day Monitor CME for futures and options trades throughout the day Monitor OCC for Options trades throughout the day Monitor Trace / ORF throughout course of the day Monitor ACT / WorkX throughout course of the day Monitor RTTM throughout course of the day Work on any Client queries. Syndicate Support Suspense any outstanding trades Monitor Impact - Check TUR and SUR for trade entry exceptions prior to leaving. End of day closing/balancing/checks
Qualifications: Degree or equivalent work experience equally preferable. Degree in Business or Finance a plus
The typical base pay range for this role is between $98K - $131K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary