What are the responsibilities and job description for the Equity Middle Office Associate position at Cantor Fitzgerald?
Job Title: Equity Middle Office Associate
Location: Jacksonville, FL
Firm Overview:
Cantor Fitzgerald is a diversified company primarily specializing in financial and real estate services for institutional and corporate customers operating in the global financial and commercial real estate markets. Since 1945, we have successfully built a well-capitalized business across multiple business lines, with numerous market-leading financial services and commercial real estate businesses. We have been at the forefront of financial and technological innovation in our industries while developing new markets and providing superior service to thousands of customers globally. At Cantor, our employees are our greatest asset. We look for individuals who are driven, intellectually engaged, team oriented and have a real desire to make an impact.
Responsibilities:
The Equities Middle Office Associate is responsible for a variety of functions supporting the Cash Equity, Equity Derivative, and Outsourced Trading businesses across both domestic and international markets. This role will require the individual to work closely with traders, technology, product control, settlements, and various other teams across the organization. Continuously process improving to ensure efficient trade flow from front to back.
- Resolve daily position and trade breaks
- Fail control
- Act as a liaison between front office, counterparties, and custodian banks
- Trade allocations and amendments
- Provide ad-hoc support to front office, back office, and counterparties
- Work with KYC/Risk teams to open client accounts
Qualifications:
- 1-2 years of relevant experience in the Financial Services industry, preferably in Middle Office with equities knowledge
- Knowledge of domestic and International Equities, Options, ADR conversions a must
- Knowledge of ETF’s Create/Redeem process a plus
- Experience with Fidessa OMS and FIS Securities Processing Manager (Phase 3) a plus
- CTM /Trade Suite /Allocation processes a must
- Strong Microsoft office skills (Outlook, Excel, Word)
- Excellent communication and multi-tasking skills
- Series 99 or willing to take test to attain
Educational Qualifications:
- Bachelor’s Degree required
