Ameriprise Financial is looking to solve complex fixed-income trading operations and provide operational support to the wealth management products group in the setup and trading of new issue structured products.
Requirements
- Experience with various systems, including BETA, Tradeweb, SIMON, and ThomsonONE
- Sound understanding of the financial markets.
- Strong understanding of the differing market structures and variables which impact pricing for each
- Basic understanding of structured products
- Basic understanding of fixed income securities
- Awareness/understanding of process procedure review and development
- Basic understanding and proficiency in Microsoft office software including Onenote
Responsibilities
- Manage, prioritize and perform complex trading operations in support of the fixed income trading desk including: generating reports, billing trades, processing trade requests received from business partners, monitoring and triaging rejected trades, and testing or analyzing technology problems and updates.
- Monitor daily reporting submissions to external regulatory agencies (MSRB and TRACE).
- Provide new issue operational support (offering setup and trading) to Products team for structured products, working cross organizationally and with outside business partners.
- Execute fixed-income orders timely, accurately and within all industry and firm rules and regulations.
- Analyze current market volatility, market structures, and other relevant characteristics and variables to optimize the client execution price.
Other
- 3+ years of relevant experience
- Bachelor's degree or equivalent experience
- Active Series 7 or the ability to obtain within 120 days
- Strong attention to detail, including demonstrated ability to meet accuracy standards in a high-volume situation
- Ability to manage multiple priorities in a fast-paced, results-driven environment
