This role will play a crucial part in ensuring the seamless settlement process for MBS products, particularly those newly traded out of London, in collaboration with colleagues in Singapore and New York.
Position Overview:
* Handle pre-matching, fails management, and reconciliation of US bond trades settling in the domestic market.
* Work closely with the Trade Management team to ensure accurate and timely instruction of trades to the market.
* Resolve unmatched trade exceptions through effective communication with clients, internal teams, and Sales & Trading.
* Conduct daily reconciliation of nostro and depot accounts.
* Issue and process interest claims promptly.
* Respond to customer inquiries via phone and email, delivering a superior customer experience.
* Build strong relationships with clients, Operations teams, and sales/trading counterparts.
* Participate in Fixed Income projects, including new product implementation and regulatory changes.
* Identify opportunities for process streamlining and automation.
* Maintain up-to-date documentation and procedures.
* Provide training and coaching to other team members.
Other Qualifications/Skills/Experience:
* Understanding of Specified Pools trade lifecycle and Secondary and New Issue CMOs.
* Proficiency in accrual periods on MBS Securities.
* Ability to manually calculate Principal and Interest on trades.
* Familiarity with Sales Allocations and Trade Confirmation processes.
* Understanding of factors and their application in MBS.
* Knowledge of blackout periods and their implications on trade settlement.
* Awareness of TBAs (To-Be-Announced) and associated processes.
* Capacity to maintain high standards in a fast-paced environment.
* Strong analytical skills to identify and address root causes of issues.
* Excellent communication and interpersonal skills for effective collaboration.
* Exceptional organizational and time management abilities.
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.
BY APPLYING FOR THIS ROLE YOU ARE AGREEING TO OUR TERMS OF SERVICE WHICH TOGETHER WITH OUR PRIVACY STATEMENT GOVERN YOUR USE OF MORGAN MCKINLEY SERVICES.
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