Middle Office Trade Support - Fixed Incomes

Company Description

Are you passionate about digital transformations, data, IoT or AI and are you looking to join a dynamic and ambitious team?

Don’t hesitate and join Talan!

For the last 20 years, Talan has advised Companies in the Finance and Luxury Goods Industries. Talan has helped its clients transform their businesses and deploy innovative projects globally. Talan is a global company present on five continents.

Today, Talan has more than 4,000 consultants and aims to exceed $1B in revenue by 2024.

Talan leverages innovation and operates in areas related to technological changes such as Big Data, Cryptocurrency, and Artificial Intelligence.

We rely on both technological leverage and the strength of our DNA based on collective intelligence, agility, and a taste for entrepreneurship

Job Description

Are you looking to join a company at the forefront of innovation and transformation? Look no further than Talan!  We are seeking a talented middle office trade support expert to join our team and work on a project with one of our esteemed clients. 

In a dynamic and international environment, you will be responsible for control and support functions of operations initiated by the New York Credit Front Office, from negotiations, recordings and processing of Fixed Income Market transactions. Your role will be to facilitate and ensure all operations are processed efficiently and in a timely manner.

As a member of our team, you will have the opportunity to work on cutting-edge technology and collaborate with a dynamic group of professionals who are dedicated to excellence. You will have the chance to contribute to the development of our finance engineering team and grow your career in a stimulating environment.

If you are a skilled middle office trade support expert with a passion for finance and technology, we encourage you to apply for this exciting opportunity. Join us and take your career to the next level!

Context:

Management and Reporting: Reports to the Head of New York Credit and Repo/Money Market Trading Middle Office

Key Internal contacts: Front Office, local and global Middle Office teams, Back Office, IT support teams, referential teams, risks and market activity monitoring teams, audit and internal control departments

Key External contacts: ExternalClients, Interbank, Broker/Dealers

Key Responsibilities:

The Middle Office team is responsible for assisting and controlling the Credit and US Govies business line including products such as Corporate Bonds, US Treasury Bonds, US Treasury Futures, Credit Derivatives, etc. This includes trade monitoring, workflow control, and trade validation to ensure timely settlement and accuracy of Front Office positions, risk exposure and trade capture. You will contribute to the development of a reliable and effective control function of the perimeter. You will also have the opportunity to participate in various projects related to client business development in order to optimize secure transactions and to provide control of risks. You will also participate in business projects such as new market developments, new products, system enhancements/deployment, new regulations and market rules.

Specific Responsibilities:

• Ensure the transactional integrity across trading applications
• Ensure the integrity and the legitimacy of Trading positions across Front Office systems
• Ensure all trades are captured in the Front office system on a daily basis
• Manage trade modifications in Front Office booking system if requested while ensuring relevant control modifications are accurately reflected in Trader’s P&L
• Control Front office to back-office trade workflow and follow up with numerous teams to resolve discrepancies
• CME Clearport trade input as needed for Treasury Futures clearing
• TAAPS processing for US Treasury Auctions bidding
• Monitor and manage FINRA TRACE reporting
• Process corporate actions bookings, manage buy-in requests and process conversions as needed
• Assist in the investigation of failed trades and trade-related discrepancies while providing solutions in a timely manner
• Daily coverage and financing of Front Office security position and currency balances
• Facilitate trade settlements and clearing in DTC, Euroclear/Clearstream, Fedwire and CME Clearport
• Frequent communication with numerous teams including internal and external entities such as front office, back office, Risk Management, IT, management, clients, brokers, Finance Department, etc.
• Investigation and follow-up of breaks sent by back office, middle office or internal departments
• Provide high level, quality support to front office within the M