Trade Operations Specialist (SMA & Settlements)

Thornburg Investment Management, Inc.; Santa Fe (NM); Hybrid; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Employer 401(k) safe harbor and profit

flexible work arrangements

paid parental leave

education reimbursement program

Onsite cafeteria

Onsite fitness center

Referral program

Job summary

Thornburg Investment Management, Inc. in the United States seeks a Trade Operations Associate to provide trade desk support and settlements oversight with a focus on SMA accounts.

The role covers primary hours from early morning through early afternoon, with occasional shift rotations for late afternoon or early-evening coverage. The candidate will set up new SMA accounts, maintain account data, and support trade processing, reconciliation, and reporting.

Qualifications

• Bachelor's degree or equivalent experience in finance or related field.
• Experience in trade operations, settlements, reconciliations, SMAs, or related investment operations functions.
• Familiarity with securities markets and settlement processes.
• Proficiency with Microsoft applications and the ability to learn investment operations systems; experience with Bloomberg, DTCC, InvestorTools Perform, IMTC, or similar systems is preferred.
• Strong attention to detail and problem-solving skills.
• Ability to manage multiple priorities and deadlines while working independently and in a team.
• Clear, professional communication with internal teams, brokers, custodians.
• Flexible, service-oriented, with overtime as needed.

Responsibilities

• Creating new accounts within applicable systems, with emphasis on SMA setup.
• Maintaining account information within applicable systems, with emphasis on SMA account updates and ongoing operational support.
• Setting up new brokers and maintaining Standard Settlement Instructions (SSIs) to support accurate trade processing and settlement.
• Reviewing and resolving unmatched and failed trades.
• Providing daily trade optimizer and order management system support, including beginning-of-day checks, reconciliation, account setup, new security setup, and order creation.
• Monitoring trade matching, SWIFT messaging, and settlement activity to support timely and accurate trade processing.
• Communicating trade details and coordinating with third-party service providers, brokers, custodians, and trade desk personnel on trade notification, settlement resolution, and operational inquiries.
• Supporting end-of-day functions, including exporting trade and security files from proprietary systems, posting trades to SMA portals, sending trade files to counterparties, and generating end-of-day trade summaries.
• Creating scheduled and ad hoc reports to support trade operations, settlement oversight, and related departmental needs.
• Occasionally participating in shift rotation to support late-afternoon or early-evening coverage and cross-training needs.

Skills

Attention to detail

Communication skills

Multitasking

Team collaboration

Teamwork

Adaptability

Education

Bachelor's degree in finance, accounting, business

Finance/business related degree

Tools

Bloomberg

DTCC

InvestorTools Perform

IMTC

Job description

Thornburg Investment Management, Inc. in the United States seeks a Trade Operations Associate to provide trade desk support and settlements oversight with a focus on SMA accounts.

The role covers primary hours from early morning through early afternoon, with occasional shift rotations for late afternoon or early-evening coverage. The candidate will set up new SMA accounts, maintain account data, and support trade processing, reconciliation, and reporting.