Fixed Income Operations Associate: Risk, Trade & Settlement

Morgan-Stanley; Baltimore (MD); On-site; USD 64,000 - 108,000; Full time

Benefits offered by this job

Medical benefits

401(k)

Paid time off

Job summary

Morgan Stanley's Baltimore team seeks an Associate in Fixed Income Operations to support post-execution processes across securitized products, mortgage/asset backed securities, agency TBAs and corporate bonds. You will partner with trading and sales to ensure accurate trade bookings and robust controls.

Daily tasks include reconciling trading risk systems, verifying bookings with counterparties, and resolving breaks with Controllers, Settlements and Confirmations.

Qualifications

• Bachelor's degree or equivalent required.
• 2-6 years of experience in the financial industry.
• Strong risk management and control mindset.
• Proficiency in Excel and ability to multi-task.

Responsibilities

• Ensure trade bookings are correctly reflected in risk systems and tied out with counterparties.
• Liaise with Trading, Sales, Brokers or Counterparties to confirm trades.
• Serve as intermediary between Trading desk and Controllers, Settlements, and Confirmations.
• Analyze and resolve issues to ensure breaks are resolved effectively and escalate when needed.
• Understand risk implications of Fixed Income operations.

Skills

Risk management

Excel proficiency

Self-starter

Interpersonal skills

Time management

Education

Bachelor's degree or equivalent

Tools

Trading systems

Job description

Morgan Stanley's Baltimore team seeks an Associate in Fixed Income Operations to support post-execution processes across securitized products, mortgage/asset backed securities, agency TBAs and corporate bonds. You will partner with trading and sales to ensure accurate trade bookings and robust controls.

Daily tasks include reconciling trading risk systems, verifying bookings with counterparties, and resolving breaks with Controllers, Settlements and Confirmations.