Trade Support - Fixed Income
BGC Group, Jacksonville, FL, United States
Job Title: Trade Support – Fixed Income
Location: Jacksonville, FL / Hybrid
Firm Overview:
BGC Partners is a leading global brokerage and financial technology company. BGC specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, insurance, and futures. BGC also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through brands including Fenics, BGC Trader, Capitalab, Lucera, and Fenics Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC Partners, Inc., and/or its affiliates.
Responsibilities:
The Analyst will support Fixed Income related post execution activities throughout the life of the trade. BGC is looking for a well-rounded candidate with a four-year college degree, preferably in finance, business or economics. The candidate would be well served to have operations knowledge, including, but not limited to, trade processing, cancels and corrections, settlement locations, and settlement platforms. This opportunity is part of a growing organization that unlike other financial institutions, does not have defined boundaries or silos. The Middle Office is continuously changing the architectural eco-system of the trade flow and the analyst will also be responsible for participating in companywide initiatives.
Support the post execution trade activities including, but not limited to:
- Pro-actively seek and drive opportunities to achieve straight-through processing and
- improve efficiency of settlement processes
- Trade booking, allocations and corrections
- Daily review of management reports, reconciliations
- Evaluating impacts of changes in regulatory and industry practices
- Develop and maintain management reporting and performance benchmarks
- Trade settlement and reconciliation tracking, fee reconciliation, give up processing.
- Liaise with counterparties to track, calculate and reconcile settlement and
- resolve discrepancies
- Coordinate with back office on trade related issues
Qualifications:
- General Fixed Income industry knowledge a plus
- Excellent Microsoft Office skills with a focus on Excel proficiency
- Excellent analytical skills, combined with impeccable business judgement
- Self-directed, energetic, intellectually curious
- Superior analytical and problem-solving skills
- Effective verbal and written communication skills
- Team player who is comfortable working in a dynamic, entrepreneurial environment
- Willingness to simultaneously work on multiple projects, serving multiple constituents
Educational Qualifications:
- Bachelor’s Degree required
Hybrid Working - We are currently operating a hybrid model for our shared services employees (including this role). We anticipate continuing these arrangements for the foreseeable future with periodic review.