Opportunity at Robert Half Financial Services: Money Market/Repo Trade Support Role
Robert Half Financial Services, a global staffing firm specializing in the financial industry, is on the hunt for a qualified professional for a Money Market/Repo Trade Support role. This exciting opportunity is with a prestigious boutique Bank firm nestled in the bustling hub of midtown Manhattan. The position involves a hybrid remote work model, requiring the selected candidate to spend two days per week at the Manhattan office.
The ideal candidate comes with more than two years of experience in Money Market or Repo Trade Operations at a Bank. Familiarity with MM, Repo, FX products, and proficiency with the Opics system will give candidates an edge in the selection process.
Responsibilities of the Role
The Money Market/Repo Trade Support role is a multi-faceted one, with a wide range of responsibilities. The selected candidate’s primary tasks will include pricing various financial instruments and forecasting running cash positions. This would involve considering factors such as swap, credit risk, yield curve, and exchange rates.
Apart from these, the candidate will be responsible for maintaining Repo I/O ratio within internal limits and ensuring that DTC clearing fund requirements are met without breaches. Furthermore, the selected candidate will develop relationships with various market participants, including inter-Bank, Dealers, FICC, MMF, and FRB.
Additional duties include daily settlements of the Bank’s balances, executing short-term funding needs, performing credit line monitoring, and contributing to various projects at their initial stages. The selected candidate will also work closely with the Opics system, ensuring accuracy and making necessary adjustments.
Required Qualifications
The successful candidate must have a minimum of two years of experience in Money Market or Repo Trade Operations at a Bank. A strong understanding of MM, Repo, FX products, and the regulations governing these financial products is also a requisite. Experience with the Opics system would be an added advantage. Lastly, the candidate must hold a Bachelor or Master’s Degree.
The role necessitates two days per week of in-office work in midtown Manhattan. Therefore, only those candidates who can commute to this location and are eligible to work in the United States should apply. The salary for this role is flexible and ranges from $90-100k based on experience. This base salary is complemented by a bonus and excellent benefits.
Robert Half Financial Services is keen on finding a candidate who matches the above criteria. If you feel you are a fit, reach out to Trishan Khareghat at Trishan.Khareghat@roberthalf.com or connect with him on LinkedIn.
This is an excellent opportunity for individuals looking to advance their careers in the financial sector with a reputable organization. Don’t miss out on this chance to make a significant step in your career and apply today!
For more information about the role, you can visit the job posting Here.
