Money Market / Repo Trade Support - Banking

Robert Half Financial Services is recruiting for a Money Market/Repo Trade Support role for a global boutique Bank firm located in midtown Manhattan. Our client requires 3+ years Money Market or Repo Trade Operations experience at a Bank, with knowledge of MM, Repo, FX products. Experience using Opics system is advantageous. This role is hybrid remote requiring 2-3 days per week in the midtown Manhattan office.

ResponsibilitiesPrice fix/floating rate notes based on swap, credit risk and yield curve considerationsPrice Repo collateral based on specific issue and technical factors in the treasury marketPrice USD/FX Depo Swap based on exchange ratesOther financial instruments that the Branch considers strategically appropriateForecast running cash position and calculate how each transaction influences current and future cash flowsMaintain Repo I/O ratio in conjunction with internal limitsMaintain DTC clearing fund requirements and prevent any limit breachesDevelop relationship with counterparties (inter-Bank, Dealers, FICC, MMF, and FRB)Participate in meetings/events where the market participants participate and make/keep relationships with themInputting transactions into the Opics SystemPerform daily settlement of the Bank's balances with Branch's primary bank, assuring positive balances and no over drawn accountsExecute all short-term funding needs and trading activities within authorized limitsMake FICC margin call RINGIMake transaction RINGI reportsMonitor credit lines for potential problems and devise solutions to minimize the Branch's risk exposureAcquire and analyze market information and share with the TR group and management when neededControl, reconcile and adjust the Opics system, ensuring accuracy of all cash trader's detailsQuote rates to our Loan Group and accommodate their funding/repayment needs and adjustmentsMake internal tickets of loan transactions for the Operation GroupPrepare and secure all necessary documents in accordance with internal compliance guidelinesPrepare 'Know Your Customer Questionnaire' for new counterpartiesParticipate in various projects at the beginning stage and make suggestions