Operations, FICC, Associate /Vice President

BTIG; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

An established industry player is seeking a dedicated Operations Associate/Vice President to join their dynamic FICC Operations team. This role is pivotal in managing middle and back-office functions, directly supporting Fixed Income Credit and Structured Products Trading Desks. The ideal candidate will leverage their expertise to ensure compliance with trading regulations, resolve discrepancies, and facilitate smooth settlement processes. With a competitive salary and benefits package, this opportunity offers a chance to thrive in a fast-paced environment while contributing to the success of a global financial services firm.

Benefits

Competitive salary

Benefits package

Potential bonuses

Overtime opportunities

Qualifications

• 3+ years of experience in Middle/Back Office roles at financial institutions.
• Proficient in Microsoft Excel for data analysis and reporting.

Responsibilities

• Support Fixed Income trade activities and ensure compliance with settlement mandates.
• Coordinate settlement processes for Syndicated Loans and Private Equity.

Skills

Middle/Back Office experience

Experience with Bloomberg TOMS

DTCC ALERT

CTM

Microsoft Excel

Excellent communication skills

Attention to detail

Ability to work under pressure

Education

Bachelor's Degree

Tools

S&P Clearpar

Job description

Operations, FICC, Associate / Vice President

New York, New York, United States

Job Purpose:

This role offers the opportunity to contribute significantly to the FICC Operations team. The candidate will handle middle and back-office functions supporting the firm’s Fixed Income Credit and Structured Products Trading Desks.

Duties & Responsibilities:

Real-time support for Fixed Income trade activities, including but not limited to:

• Ensure compliance with T+1 settlement cycle mandates per SEC Rule 15c6-2
• Confirm and allocate trades
• Collaborate with trading desks and counterparties to resolve trade discrepancies
• Open client DVP/RVP accounts and maintain settlement instructions
• Work with custodians to resolve aged fails and unconfirmed trades
• Monitor intra-day position reports for securities requiring conversion and instruct accordingly
• Assist in EOD reconciliation of P&L and daily closeout procedures
• Escalate operational risks, including regulatory notifications, buy-ins, and margin calls
• Oversee daily and monthly reconciliations of trades, positions, and P&L

Coordinate settlement processes for Syndicated Loans, Private Equity, and Bank Debt:

• Create customized trade recaps
• Manage trade input and settlement via S&P’s Clearpar system
• Coordinate with legal, compliance, business heads, and traders for post-trade processes
• Prepare internal funding memos and coordinate with finance for fund movements

Requirements & Qualifications:

• Bachelor’s Degree
• Minimum 3 years of Middle/Back Office experience supporting Fixed Income and Structured Products at a financial institution
• Experience with Bloomberg TOMS, DTCC ALERT, and CTM
• Ability to work under pressure, prioritize tasks, and meet deadlines
• Strong attention to detail and self-motivation
• Excellent communication skills
• Proficient in Microsoft Office, especially Excel for data analysis
• Authorized to work full-time in the U.S.; no visa sponsorship provided

About BTIG:

BTIG is a global financial services firm specializing in trading, investment banking, research, and brokerage services, with operations worldwide. We serve clients across various asset classes and offer extensive career opportunities.

Compensation:

• Competitive salary and benefits package
• Estimated base salary range: $90,000 - $130,000 annually, with potential bonuses and overtime