Operations Assistant In Corporate Operations - Nyc #11293

International Asset management company seeks an Operation Assistant (non-exempt).
Functional Title: Operations Assistant
Corporate Title: N/A
Department: Corporate Operations
Reports To: Operations Manager (to Senior Operations Manager and CCO)
Overtime Eligible (Y/N): Y
Non-Exempt, hourly salary $33.66/hr. - $36.06/hr. (annualized gross base pay equivalent of $70,000 - $75,000) + eligibility for discretionary bonus based on qualitative factors
Position Summary
Perform administrative, reconciliation and client service duties, including record-keeping and reporting utilizing
software programs and specialized operations systems.
Essential Duties/Function:
• Confirm all daily trades; resolve any discrepancy with the counterparties; confirm all aspects of trades via
various sources and ensure prior day settlement.
• Perform daily collateral management of TBA in accordance with MSFTA including exposure review, collateral
valuation, monthly interest calculations, and communicating with counterparties for margin calls.
• Reconcile cash balances between internal accounting system and custodian banks.
• Check daily price and enter daily rates and benchmarks in the accounting system.
• Monitor and check any irregularities for funds’ daily and monthly performance reports.
• Check position reconciliations between internal systems and custodian banks and investigate any
discrepancies.
• Prepare proxy, corporate action, and class action notices for front office.
• Verify future variation margin statements.
• Support trade processing, confirmation, and settlement of various derivative products such as Swaps and CDS;
support daily collateral management of derivative products in accordance with ISDA/CSA.
• Generate internal notices and reports; distribute to relevant parties.
• Prepare reports for counterparties and client.
• Participate in special projects assigned by Supervisor or Department Head.
• Support all system requirements for the Operations Team.
• Communicating with Japanese counterparts and affiliates.
• Miscellaneous duties as assigned.
Experience/Qualifications
• Bachelor’s degree in Finance, Accounting, Economics, or equivalent work experience.
• 2-3 years of experience in a buy-side asset management, or equivalent sell- side experience in trade
confirmations, settlements, and collateral operations.
• Strong knowledge/understanding of derivative products, operations, and domestic and global Fixed Income
required. Equity securities/instruments knowledge is helpful.
• Strong skills and knowledge of Microsoft Excel and Word.
• Familiarity with CTM for trade matching and settlement.
• Knowledge or Ability to work with portfolio accounting systems (e.g. Eagle Investment Systems) and order
management systems (e.g. Bloomberg AIM)
• Ability to work 9:00am – 5:30PM, with flexibility to work overtime as needed.
• Ability to work in a team environment and effectively interact with all levels of the organization.
• Excellent communication and organizational skills with strong attention to detail.
• Works well in a fast-paced environment: ability to prioritize, perform with high accuracy, and meet tight