MUFG
Fixed Income Middle Office Trade/Sales Support
MUFG, New York, New York, United States, 10001
Join Mitsubishi UFJ Financial Group
Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. The Trade Support Associate/AVP will be responsible for supporting all of the firm's Fixed Income businesses but especially the US Treasury Auction process and potentially other FOMC Operations. This person will be responsible for handling all Middle Office operational functions including, but not limited to, providing trade and sales support for Flow Products desks including Rates, Credit, Commercial Paper, Syndicate, and Institutional Investor Sales Desk. 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 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 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 EDUCATION
Degree or equivalent work experience equally preferable.
Degree in Business or Finance a plus CERTIFICATIONS WORK EXPERIENCE
Experience in Back-Office, Middle-Office or Trade Support operations
Supervisory experience a plus
Intermediate level computer and Microsoft Office skills desired
Solid product knowledge of one or more asset classes desired
Sound working knowledge of market practices and standards FUNCTIONAL SKILLS Solid understanding of the trade lifecycle and mechanics, transaction workflow, asset classes and booking methodologies
Experience with managing robust reconciliations and controls
Detailed oriented
Hands on practical utilization of commonly used tools or techniques in the markets and/or treasury space FOUNDATIONAL SKILLS Communicates effectively
Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
Exercises sound judgement, prioritizes effectively, and strives for continuous improvement
Effectively collaborates with colleagues
Leverages available technology to drive efficiency and results
Understands and applies industry trends and best practices
Exhibits optimism, resilience, flexibility, and openness to others' ideas
Values learning as a lifelong professional objective
Engages inclusively and with intent
Always acts with integrity The typical base pay range for this role is between $94K - $137K 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.
Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. The Trade Support Associate/AVP will be responsible for supporting all of the firm's Fixed Income businesses but especially the US Treasury Auction process and potentially other FOMC Operations. This person will be responsible for handling all Middle Office operational functions including, but not limited to, providing trade and sales support for Flow Products desks including Rates, Credit, Commercial Paper, Syndicate, and Institutional Investor Sales Desk. 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 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 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 EDUCATION
Degree or equivalent work experience equally preferable.
Degree in Business or Finance a plus CERTIFICATIONS WORK EXPERIENCE
Experience in Back-Office, Middle-Office or Trade Support operations
Supervisory experience a plus
Intermediate level computer and Microsoft Office skills desired
Solid product knowledge of one or more asset classes desired
Sound working knowledge of market practices and standards FUNCTIONAL SKILLS Solid understanding of the trade lifecycle and mechanics, transaction workflow, asset classes and booking methodologies
Experience with managing robust reconciliations and controls
Detailed oriented
Hands on practical utilization of commonly used tools or techniques in the markets and/or treasury space FOUNDATIONAL SKILLS Communicates effectively
Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
Exercises sound judgement, prioritizes effectively, and strives for continuous improvement
Effectively collaborates with colleagues
Leverages available technology to drive efficiency and results
Understands and applies industry trends and best practices
Exhibits optimism, resilience, flexibility, and openness to others' ideas
Values learning as a lifelong professional objective
Engages inclusively and with intent
Always acts with integrity The typical base pay range for this role is between $94K - $137K 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.