10 дней назад
Fixed Income Operations Manager-Coupons, Principal & Interest (Hybrid)
105 000 - 130 000$
Мэтч & Сопровод
Для мэтча с этой вакансией нужен Plus
Описание вакансии
Текст:
TL;DR
Fixed Income Operations Manager-Coupons, Principal & Interest (Hybrid) (Fixed Income Operations): Leading end-to-end processing, control, reconciliation, and settlement of coupon, principal, and interest events across fixed income portfolios with an accent on payment accuracy, exception management, and regulatory compliance. Focus on managing operational controls, resolving recurring breaks, improving systems and processes, and developing an operations team.
Location: Hybrid role based in Newark, NJ, United States
Salary: $105,000–$130,000 USD annually, plus bonus eligibility.
Company
provides technology and operations solutions for the financial services industry.
What you will do
- Lead daily oversight of fixed income coupon payments, principal repayments, maturities, amortizations, redemptions, paydowns, and default-related cash flows.
- Oversee calculation, validation, booking, reconciliation, allocation, and settlement of accrued interest, coupon entitlements, principal proceeds, withholding tax, and related fees.
- Monitor event announcements and maintain security terms, payment dates, record dates, rate resets, factor changes, and election details.
- Investigate breaks, failed payments, discrepancies, and aged exceptions with custodians, depositories, fund administrators, brokers, counterparties, and service providers.
- Establish operational procedures, service-level standards, risk indicators, performance metrics, and control improvements.
- Manage, coach, and develop operations staff while supporting audits, regulatory inquiries, client reporting, system implementations, automation, data-quality initiatives, and testing.
Requirements
- Bachelor’s degree in finance, accounting, business, economics, or a related field, or equivalent relevant experience.
- Significant experience in investment operations, custody, fund administration, or securities processing focused on fixed income income and principal events.
- Experience leading or supervising an operations team.
- Strong knowledge of bonds, notes, mortgage-backed securities, asset-backed securities, floating-rate instruments, coupon calculations, accrued interest, day-count conventions, amortization, prepayments, maturities, and redemptions.
- Experience with cash and position reconciliations, exception management, settlement controls, security documentation, market notices, and payment instructions.
- Advanced analytical, organizational, communication, stakeholder-management, and Microsoft Excel skills, with experience using relevant investment operations, accounting, custody, or portfolio-management systems.
Nice to have
- Experience supporting institutional asset managers, banks, hedge funds, or fund administrators.
- Familiarity with SWIFT messaging, custodian platforms, depository processes, and corporate action or income-processing workflows.
- Knowledge of withholding tax, securities lending impacts, and cross-border fixed income payment processing.
- Experience with operational risk frameworks, process automation, and control design.
Culture & Benefits
- Collaborative and inclusive workplace focused on empowering associates.
- Commitment to an environment where employees can be authentic, valued, and supported.
- Bonus eligibility is included for the position.
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