Role in brief
Dvtrading seeks a Fixed Income Operations Analyst to manage daily workflow, monitor credit risk, and optimize trade processes for their repo desk. This role suits someone with at least four years of fixed income experience, strong analytical skills, and proficiency in Excel, who can work independently and as part of a team.
About the role
This role focuses on the daily operations of the Fixed Income desk, with a primary emphasis on supporting the repo desk. Key responsibilities include managing workflow, ensuring accurate trade reconciliation, and overseeing the import of trading activity into back-office systems. The analyst will also act as a liaison between internal teams and external partners, optimizing daily balances at major banks.
A significant part of the work involves mitigating credit risk by closely monitoring Treasury and MBS exposure. The analyst will also support specific tasks related to MBS rolls, pairoffs, and trade confirmations. This position requires verifying GCF trade details against DTCC records to maintain data accuracy.
Success in this position means consistently contributing to projects aimed at optimizing trade workflows and maintaining accurate financial records. The ideal candidate will demonstrate a high level of critical thinking, strong communication skills, and the ability to manage multiple tasks effectively, contributing both independently and within a team setting.
The salary for this position ranges from $66,000 to $78,000 annually.
Skills that matter here
- Excel: This role requires proficiency in Excel for various operational tasks, including data analysis and record keeping.
- VBA: Experience with VBA is preferred for automating tasks and enhancing workflow efficiency.
- SQL: Knowledge of SQL is preferred for managing and querying financial data within systems.
- Python: Experience with Python is preferred for scripting and developing solutions to optimize trade workflows.
Who this role suits
- You have at least four years of experience in fixed income within financial markets.
- You possess strong critical thinking abilities and can communicate complex information clearly.
- You are capable of managing multiple tasks concurrently and thrive in both independent and team settings.
- You are prepared for an early start, with an expected 7 AM ET start time and potential coverage from 6 AM ET.
From the employer
- Managing the day-to-day Fixed Income Ops workflow, primarily working with the repo desk.
- Mitigating credit risk by monitoring Treasury and MBS exposure.
- Oversee trade monitoring and reconciliation of repo positions.
- Ensure Repo trading activity is accurately imported into the back-office system.
- Serve as a liaison between internal and external parties.
- Optimize end-of-day balances at BMO and BNY banks.
- Maintain and update financial records.
- Support with MBS rolls, pairoffs, and confirming trades.
- Verify GCF trade details and reconcile them with DTCC records.
- Contribute to projects focused on optimizing trade workflows.
- 4+ years of Fixed Income experience in the financial markets industry.
- Undergraduate degree in Finance, Economics, Mathematics, or Computer Science.
- Experience with Excel required; VBA, SQL, and/or Python preferred.
- High level of critical thinking and strong communication skills.
- Proven track record of success in team settings and independently.
- Capable of managing multiple tasks concurrently.
- Understanding of broader business context.
- Expected start time of 7am ET, with potential coverage as early as 6am ET.
- SIE and Series 7 or willingness to obtain within first year.
Questions about this role
What is the remote work policy for this role?
This is a remote position.
What is the required seniority level for this position?
The role requires at least 4 years of Fixed Income experience in the financial markets industry.
What are the core technical skills needed?
Experience with Excel is required, and proficiency in VBA, SQL, and/or Python is preferred.