Municipal Middle Office Specialist - Trade Lifecycle

U.S. Bank; Charlotte (NC); On-site; USD 112,000 - 131,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability leave

Parental leave

401(k) plan

Paid vacation

11 paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a Municipals Product Group Middle Office Associate to provide day-to-day middle office support for MPG secondary trading and sales.

The role partners with Trading, Sales, Operations, Finance, Technology, and external counterparties to ensure accurate processing and settlement of fixed income transactions. Strong trade lifecycle understanding and attention to detail are essential in a dynamic, deadline-driven environment.

Qualifications

• Bachelor's degree or equivalent combination of education and relevant work experience.
• 3 - 5 years of experience in capital markets, fixed income trading support, middle office, operations, or a related financial services environment.
• Experience with Bloomberg or similar trade entry platforms is required.
• Direct experience with MSRB reporting requirements, rules, and regulations.

Responsibilities

• Support the post-trade processing lifecycle for Muni transactions from execution through settlement.
• Serve as a primary point of contact between trading, sales, operations, finance, and external counterparties.
• Monitor and resolve trade exceptions, settlement discrepancies, and reconciliation breaks in a timely manner.
• Validate trade allocations, trade economics, and position accuracy across internal systems.
• Assist with daily profit and loss (P&L) reconciliation and reporting processes.
• Support new issue syndicate transactions, including order management, allocations, and settlement coordination.
• Participate in the development and enhancement of operational controls, procedures, and process improvements.
• Identify operational risks and elevate issues appropriately to management.
• Contribute to strategic initiatives focused on automation, scalability, and operating efficiency.

Skills

MSRB reporting

Analytical skills

Problem solving

Education

Bachelor's degree or equivalent

Tools

Bloomberg

Job description

U.S. Bank is seeking a Municipals Product Group Middle Office Associate to provide day-to-day middle office support for MPG secondary trading and sales.

The role partners with Trading, Sales, Operations, Finance, Technology, and external counterparties to ensure accurate processing and settlement of fixed income transactions. Strong trade lifecycle understanding and attention to detail are essential in a dynamic, deadline-driven environment.