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AVP, Back Officer Operations (MBS/TBA)

Madison-Davis

New York, NY

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JOB DETAILS
SALARY
SKILLS
Accounts Payable, Accounts Receivable, Automation, Bond Market, Cash Management, Derivatives, Detail Oriented, Financial Operations, Fixed Income Investments, Futures, Journal Entries, Multiplatform/Cross-Platform, Profit & Loss, Reconciliation, Schedule Development, Securities, Statistics, System Test, Team Player, Time Management
LOCATION
New York, NY
POSTED
8 days ago

Title: AVP, Back Officer Operations (MBS/TBA)

Office Status: Hybrid New York, NY

Base Salary: $140k $145k + Bonus

ABOUT THE ROLE

This is a multi-product Treasury Operations opportunity at a well-established international bank with a boutique New York presence, offering broad day-to-day operational ownership across fixed income, MBS, repo, derivatives, and money market products. The role sits within a tight-knit, tenured operations team and is ideal for a detail-oriented back office professional who thrives in a fast-paced, deadline-driven processing environment and brings hands-on MBS and TBA settlement experience. Candidates who value stability, a defined schedule, and a collaborative team culture will find this a particularly attractive opportunity.

RESPONSIBILITIES
  • Reconcile daily bond P&L position reports against front office P&L;verify daily RM prices and monitor expected payments to maintain daily cash position accuracy
  • Verify, confirm, and input trades across money market, securities, and derivative products including via SWIFT MT 320;set up CUSIP schedules and manage trade input in Summit
  • Input, approve, and monitor settlements across multiple custodian and clearing platforms including State Street (Insight, GTM, Captain), BNY Mellon, and Federal Reserve systems
  • Initiate margin calls on TBA and Repo trades;reconcile and process daily variation margin settlements for Futures and Options
  • Monitor custody net cash settlements, trade settlements, corporate actions, and advise on fails across custodian platforms
  • Reconcile State Street Nostro accounts against internal postings daily;maintain transit and control account balances
  • Monitor and reconcile daily cash positions with BNY Mellon and Front Office;process and dispatch FX and USD payments
  • Reconcile Summit data against Kondor for Bonds and Repos;reconcile Futures and Options P&L with Front Office
  • Process trade assignment agreements, manual journal entries for differences and adjustments, and accounts payable/receivable reconciliations
  • Maintain the Pledged Assets Report;provide Front Office with reports as requested
  • Perform market closing for the Futures and Options Desk;transfer funds as needed for daily cash management
  • Support system testing, system change initiatives, and automation projects including macros and RPA tools
  • Maintain departmental statistics, files, and archives;provide backup coverage for daily functions as needed

About the Company

M

Madison-Davis

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