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.
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