Junior Trader/Operations Manager

Employer
Neighborly Investments
Location
Boston, Massachusetts (US)
Salary
Negotiable
Posted
19 Jun 2018
Closes
19 Jul 2018
Job Function
Operations, Trading
Industry Sector
Asset Management
Employment Type
Full Time
Education
Bachelors

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

Requirements

  • 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