What are the responsibilities and job description for the Fixed Income Trade Support Associate position at Millennium Advisors, LLC?
Fixed Income Trade Support Associate
This is an on-site role in Charlotte, NC.
About Us
Millennium Advisors is a global leading technology-driven broker-dealer specializing in providing liquidity in fixed income securities, including corporate and municipal bonds, treasuries, fixed income ETFs and MBS. Millennium Advisors is headquartered in Charlotte, North Carolina, with offices in London and Singapore.
Founded in 2009, Millennium has consistently ranked among the top 10 trading firms by par amount and trade volume for both high-yield and investment-grade bonds. We have leveraged our superior trading technology and data modeling to create a high-margin, high-productivity business model. Our trading counterparties include institutional investors, asset managers, banks, registered investment advisors, wealth managers, insurance companies and other broker-dealers.
Role
We are seeking a detail-oriented and proactive Fixed Income Trade Support Associate to join our Operations team. This role plays a critical part in supporting our fixed income trading desks and post trade lifecycle workflow. Primary emphasis will be on monitoring and reconciling TRACE and MSRB, matching trades in CMU RTTM and GSD, submitting and reconciling voluntary corporate actions, and allocating trades.
Key Responsibilities
- Position and cash reconciliation of trading accounts
- Trade matching utilizing RTTM CMU and GSD
- TRACE and MSRB Regulatory reporting and reconciliation
- Voluntary corporate action submissions and reconciliation
- New account creation of trading partners
- Trade allocations
Qualifications
- Bachelor’s degree in Finance, Economics, Business, or related field.
- 1-3 years of experience in a Trade support or middle office role, with exposure to fixed income products.
- Solid understanding of CMU RTTM, TRACE/MSRB and voluntary corporate actions.
- Be detail oriented and creative in identifying ways we can streamline our current processes.
- Excellent communication skills with internal and external counterparties.
- Thrive in a fast-paced work environment where multi-tasking is key.
- Be a team player who can work closely with a variety of other functional areas of the firm.
Preferred Skills
- Direct experience using CMU RTTM and TRACE/ MSRB
- Understanding of Broadridge Shadow system.
Compensation and Benefits
In return for a long-term commitment, Millennium Advisors offers a highly competitive compensation package that includes base salary commensurate with experience, and incentive compensation, which could include equity in the firm. We have a comprehensive benefits package that includes:
- Daily breakfast (Charlotte) and lunch provided
- Monthly massages (Charlotte)
- Paid time off and various leave options
- Company-sponsored medical and dental plans
- 401(k) (US) / Pension plan (UK) with company matching contributions
Culture
At Millennium, you’ll join a team of intelligent, ambitious, and positive professionals in an environment that fosters collaboration and innovation. Our Charlotte office features amenities such as pool and ping pong tables, music, and comfortable spaces for meetings and team activities. We maintain a casual dress code and a strong focus on building meaningful relationships among team members.
We are committed to building an outstanding small company culture, where people like to work and like each other, where they can be challenged intellectually, exercise their creative and entrepreneurial interests, and still have a life outside of work.
If you’re seeking to join a company focused on global expansion and are a forward-thinking individual with a passion for driving impactful innovation, we invite you to join us and shape the future of Millennium Advisors.
How to Apply
Interested candidates should submit their resume and a cover letter via this link: https://millenniumadvisors.recruitee.com/o/fixed-income-trade-support-associate-1