Old Bridge, New Jersey, United States
Senior Analyst -fixed income operations
Reconcile customer positions and process accurate payments to clients on scheduled principal and interest pay dates Provide support for general customer service and transfer related inquiries via department line Assist in accurate reporting of FED and DTC principal and interest payments to ensure proper payments Reconcile DTC payment information and DTC positions by processing SLRM adjustments, SPO charges and analyzing payments thru DTC depository Balance versus FED all interim, repo and failed tracking position, and reconcile any additional principal and interest payment differences with clients Process DTC redemptions, review partial and full call positions; ensure DTC pledges and monitor DTC payments; work in tangent with trading desk to ensure proper booking of all trades Utilize CLEARSTREAM system to reconcile EUROCLEAR payments
Responsible for principal and interest payments for PRIME Broker Desk Ensured accurate reporting of FED/DTC principal and interest payments Reviewed Bloomberg/remittance reports and updated mainframe with accurate payment information for factors and coupons Provided follow-ups on all failed positions to clients for reconciliation Assisted in all general customer service related inquiries via departmental email and line
Balanced traders’ P & L on all MBS and Treasury related products Booked trades BUYS/SELLS on traders’ ledgers, balanced traders’ booked positions on daily basis and reconciled end-of-day discrepancies Updated accurate monthly factor and coupon information by uploading onto front end mainframe MTS Modified trades with correct principal and interest calculations to ensure proper settlements daily Worked in tangent with FED and DTC departments to ensure proper settlement Resolved all failed trades by next business day * ANALYST – MBS Sales Support – FEBRUARY; Booked traded and balanced trading positions in conjunction with MBS pool notification Confirmed clients’ breakdown of accounts and positions for each customer trade allocation Confirmed delivery instructions, prepared and modified clients’ SSI Reconciled all failed trades on T + 1 for proper settlement Entered pool notification trades for MBS allocations on calendar settlement days Researched all trade differences and resolved all open items prior to month end notifications Assisted sales desk on all customer service inquiries