Associate Fixed Income Trade Control & US Treasury Auction Support

Madison-Davis; New York (NY); Híbrido; USD 130.000 - 155.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Discretionary Bonus

Descripción de la vacante

Madison-Davis, LLC invites an Associate level candidate to join the US Global Markets Fixed Income Trade Control team in New York. The hybrid office role focuses on trade support for US Treasuries, Agencies, and repo, including pre/post-auction reconciliation and system-driven processes.

Responsibilities cover execution of primary dealer trade support, TAAP order management, and cross-functional collaboration with front office, operations, and technology to enhance efficiency and control.

Formación

• 3–7 years of trade support or middle office experience.
• Strong product knowledge across US Treasuries, Agencies, and Repo.
• Detail-oriented fixed income operations professional with cross-team collaboration skills.

Responsabilidades

• Execute and coordinate Primary Dealer Trade Support activities for US Fixed Income trading.
• Perform pre-auction inventory reconciliation for US Treasuries and Agencies.
• Own day-to-day US Treasury and Agency auction support including order preparation, submission, and post-auction reconciliation.
• Update and maintain firm and client auction orders in TAAP system ensuring accuracy, completeness, and timeliness.
• Develop and refine auction order templates to streamline entry and reduce risk.
• Manage trade capture, allocation, and settlement processes.
• Identify and resolve trade exceptions and reconciliation breaks across internal/external systems.
• Serve as a day-to-day point of contact for front office, operations, technology, and external market utilities.
• Drive process improvements and automation initiatives; document requirements and implement enhancements.
• Prepare and distribute operational and management reports; participate in system enhancements and regulatory change.
• Support client account onboarding and maintenance; investigate regulatory and operational issues.

Conocimientos

Fixed Income

Trade Support

US Treasuries

Auction Process

Descripción del empleo

Title: Associate Fixed Income Trade Control & US Treasury Auction Support Office Status: Hybrid New York, NY Base Salary: $130k $155k + Discretionary Bonus

ABOUT THE ROLE

This Associate-level opportunity sits within the US Global Markets Fixed Income Trade Control team of a well-established global financial institution, offering hands-on ownership of primary dealer trade support, US Treasury and Agency auction processes, and trade lifecycle control responsibilities. The role combines day-to-day operational execution trade capture, allocation, settlement, and exception resolution with auction-specific ownership across pre-auction inventory reconciliation, TAAP order management, and post-auction reconciliation. It's an ideal fit for a detail-oriented fixed income operations professional with 3 7 years of trade support or middle office experience who combines strong product knowledge across US Treasuries, Agencies, and Repo with a continuous improvement mindset and the ability to work effectively across trading, sales, operations, and technology teams.

RESPONSIBILITIES

• Execute and coordinate Primary Dealer Trade Support activities for US Fixed Income trading
• ensure all work is completed accurately, on time, and in accordance with established controlsPerform pre-auction inventory reconciliation for US Treasuries and Agencies
• validate firm positions, investigate discrepancies, and drive them to resolutionOwn day-to-day US Treasury and Agency auction support including order preparation, submission, and post-auction reconciliation
• update and maintain firm and client auction orders in the Federal Reserve's TAAP system ensuring accuracy, completeness, and timelinessDevelop and refine standardized auction order templates to streamline order entry and reduce operational risk for firm and client submissions
• Manage trade capture, allocation, and settlement processes
• ensure trades are properly booked and fed to downstream systemsIdentify and resolve trade exceptions and reconciliation breaks between internal systems and external platforms including Broadridge and Bloomberg TOMSServe as a day-to-day point of contact for front office, operations, technology, and external market utilities
• resolve routine issues independently and escalating complex matters as appropriateDrive process improvements and automation initiatives by identifying gaps, documenting requirements, and implementing enhancements that improve efficiency and reduce operational riskPrepare and distribute operational and management reports related to trade support and auction activitiesParticipate in projects and system enhancements related to trade support, auction processes, and regulatory change
• support client account onboarding and maintenanceInvestigate and resolve regulatory-related matters and operational issues
• maintain a strong understanding of desk-related technologies and support system integration efforts