Associate, Treasury / Middle Office

Bayview Asset Management, LLC; New York (NY); Hybrid; USD 110,000 - 130,000; Full time

Job summary

Bayview Asset Management, LLC is seeking an Associate for its TMO Operations team in New York City. The role supports trade and repo operations, settlements, and treasury activities, with a focus on ensuring timely reconcilations and accurate payment processing.

The ideal candidate has 3+ years in hedge fund or investment bank operations, strong fixed‑income settlements experience, and advanced Excel skills.

Qualifications

• Bachelor’s degree in finance, accounting, or related field.
• 3+ years of hedge fund operations or related experience.
• Extensive fixed‑income operations and settlements experience; repo ops a plus.
• Advanced Excel skills and attention to detail.
• Strong communication and organizational abilities in a fast-paced team.

Responsibilities

• Monitor settlements and resolve trade fails and breaks.
• Provide direct support of repo and liquidity desk; liaise with counterparties; book trades in OMS.
• Settlement of repos, equities, bonds, mortgage pools, TBAs, swaps and futures.
• Liaise with PMs/analysts on corporate actions and proxy voting.
• Ensure collateral and OTC movements are reconciled and processed.
• Flash and reconcile daily P&L to senior management.
• Help maintain the TMO Ops procedure manual and document processes.
• Create and review electronic payments (wires/ACHs) including E‑Serve resolution.
• Ensure payments are processed by approvers before cutoff times.
• Back‑up cash reconciliation, forecasting, liquidity targeting & analysis.
• Participate in ad‑hoc projects to support decision making.

Skills

Attention to detail

Communication skills

Technology skills

Organizational skills

Problem solving

Excel proficiency

Education

Bachelor’s degree in finance or accounting

Tools

OMS

Job description

About Bayview Asset Management, LLC

Bayview Asset Management, LLC ("Bayview"), initially founded in 1993, is an investment management firm focused on investments in mortgage and consumer credit, including whole loans, asset‑backed securities, mortgage servicing rights, and other credit‑related assets. With over 1,550 employees, our corporate headquarters is uniquely situated in the beautiful community of Coral Gables, Florida, located near the shores of Biscayne Bay and minutes from Miami Beach. The firm has additional asset management offices in New York, London, and Geneva, and loan servicing and origination affiliates in seven U.S. states and Milan, Italy. As of May 31, 2026, Bayview managed approximately $43.9 billion in assets under management.

Role Overview

The Associate within the TMO (Treasury and Middle Office) Operations team will support all functions related to trade and repo operations, settlements, and treasury operations. Treasury and Middle Office teams were historically separated and merged earlier in 2025.

Key Responsibilities

• Help the trade operations team monitor and manage settlements, and resolve all trade fails and breaks.
• Direct operational support of Bayview’s repo and liquidity investments desk, including monitoring settlements, liaising with counterparties, and booking trades in OMS as needed.
• Settlement of repos, equity, bonds, mortgage pools and TBAs, equity swaps, interest rate swaps, and interest rate futures.
• Liaise with PMs/analysts on corporate actions and proxy voting.
• Ensure all collateral and OTC settlement movements are reconciled, affirmed, and processed accordingly at relevant counterparties and within internal systems.
• Flash and reconcile daily P&L to senior management.
• Assist in maintaining the TMO Ops procedure manual and ensure all processes are fully documented and updated.
• Create and review electronic payments for several legal entities, funds, and related accounts (wires and ACHs), including payment reject resolution (E‑Serve).
• Ensure all payments are processed by approvers/releasers against various bank payment cutoffs.
• Back‑up cash reconciliation, forecasting, sub‑line/internal note management, liquidity targeting & analysis, and money‑market investment/redemption.
• Ad‑hoc project participation and management: provide analytical support on special projects and business cases to enhance the financial decision‑making process.

Qualifications

• Bachelor’s degree in finance, accounting, or a related field.
• Minimum 3+ years of relevant work experience in hedge fund operations, investment bank operations, etc.
• Extensive fixed‑income operations/settlements experience—repo operations experience is a huge plus.
• Experience in treasury operations and cash management/liquidity forecasting preferred but not required.
• Derivative/FCM/OTC settlement experience helpful but not required.
• Strong attention to detail and communication skills; highly organized and able to establish and maintain relationships with internal and external stakeholders.
• Strong technology skills—can pick up new systems quickly.
• Strong organizational skills with the ability to prioritize and multi‑task in a fast‑paced team environment.
• Knowledge of funding and capital markets.
• Exceptional problem‑solving skills and the ability to handle challenges with minimal guidance.
• A dedication to excellence, a strong work ethic, and a positive attitude.
• Advanced proficiency in Excel.

Certifications, Licenses, and/or Registration

• N/A

Location & Compensation

• This is a hybrid role (3–4 days onsite) based in our New York City office.
• Base compensation is expected to be $110,000–$130,000 with the opportunity for incentive compensation, including bonus compensation.

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls; the employee frequently is required to talk and hear; the noise level in the work environment is usually moderate; the employee is occasionally required to stand, walk, reach with hands and arms; the employee is rarely required to stoop, kneel, crouch, or crawl; the employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.

EEOC

Bayview Asset Management is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence, and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.