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David Careers

Associate, Macro and Credit Middle Office

Posted 7 days ago

balyasny asset managementChicago (IL)
Securities, Commodities, and Financial Services Sales AgentsInvestment Banking and Securities Intermediation

SENIORITY

Senior

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About the role

Location: Chicago, New YorkDepartment: OperationsExperience Level: Experience ProfessionalsContact: Elizabeth DennehyJob ID: REQ8662ROLE OVERVIEWIn the role of an Associate on the Macro & Credit Middle Office team, the employee will be responsible for supporting Macro & Credit portfolio managers and traders across a wide range of products / processes.· Trade Lifecycle Management: Our team manages the full lifecycle of every trade across all asset classes including but not limited to affirmation, matching, settlement, exercise / expiry. Products include derivatives in Interest Rates, Fixed Income, FX, Equity, Commodities, and Credit.· Maintain Relationships: Middle Office interacts with Executing Brokers, Prime Brokers, Fund Admins, and other counterparties daily. It is important to build and maintain relationships with these parties.· Settlements / Fails: Responsible for the firm’s FX, OTC, Bonds and Repo settlements. Partner with our Prime Brokers to escalate to Executing Brokers for timely settlement.· PnL Investigation: Work alongside PnL Control to investigate PnL outages. Verify models and securities are setup properly and matching Clearing Houses such as LCH/CME/ICE/Tradeserve.· Technology Enhancements: Proactively work with, technology, back office, and external vendors to improve the operational process and automate where possible to minimize manual efforts and ensure scalability / stability.
QUALIFICATIONS & REQUIREMENTS:
  • Technical, business, or relevant finance degree· 3-5 years of relevant work experience in an investment bank, Fund Admin, Asset Manager, or Hedge fund· Strong communication, problem solving skills, organization, multitasking, and project management skills· Experience with Macro & Credit products required· Practical knowledge of global financial markets

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