Junior Trader/Operations Manager

Neighborly Investments
Boston, Massachusetts (US)
19 Jun 2018
19 Jul 2018
Job Function
Operations, Trading
Industry Sector
Asset Management
Employment Type
Full Time

The Job

  • Work with Head of Trading to execute municipal bond trades on a daily basis
  • Oversee all aspects of trade confirmation and affirmation process  
  • Responsible for reconciling ABOR and IBOR on a daily basis
  • Manage the outsourced middle and back office vendor
  • Identify, pilot and apply new technology to improve workflows and analysis
  • Work with Head of Investment Operations to establish our best practice operation flows and constantly upgrade to set the market standard
  • Work with engineers and product managers to design and develop production code of trading strategies: pricing models, execution logic and performance optimization
  • Understand and adapt to client investment goals and divergent portfolio mandates
  • Interact with head of trading, portfolio managers and research analysts to vet primary and secondary offerings
  • Monitor and evaluate market, sector and issuer-specific developments
  • Monitor positions’ profit and loss for accuracy and adherence to risk limits


  • At least 3 years working in live trading environment
  • Passionate about the merits of impact investing and the power of open data
  • Familiarity with execution management and order management systems
  • Strong understanding of the lifecycle of a tradeUndergraduate degree in computer science, mathematics, engineering, finance/business or similar; master’s degree is a plus
  • Excellent written and oral communication skills with willingness and ability to communicate ideas to clients and management
  • Skills in reviewing, monitoring, and developing internal governing procedures and policies
  • Experienced enough to know how the municipal industry operates today, but with a strong desire to make it more efficient and transparent in the future