Associate Fixed Income Trade Control & US Treasury Auction Support
Overview
Remote
On-site
Compensation
$130,000-$130,000/year
Job Description
Title: Associate Fixed Income Trade Control & US Treasury Auction SupportOffice Status: Hybrid New York, NYBase Salary: $130k $155k + Discretionary BonusABOUT THE ROLE This Associate-level opportunity sits within the US Global Markets Fixed Income Trade Control team of a well-established global financial institution, offering hands-on ownership of primary dealer trade support, US Treasury and Agency auction processes, and trade lifecycle control responsibilities. The role combines day-to-day operational execution trade capture, allocation, settlement, and exception resolution with auction-specific ownership across pre-auction inventory reconciliation, TAAP order management, and post-auction reconciliation. It's an ideal fit for a detail-oriented fixed income operations professional with 3 7 years of trade support or middle office experience who combines strong product knowledge across US Treasuries, Agencies, and Repo with a continuous improvement mindset and the ability to work effectively across trading, sales, operations, and technology teams.RESPONSIBILITIES
- Execute and coordinate Primary Dealer Trade Support activities for US Fixed Income trading;ensure all work is completed accurately, on time, and in accordance with established controls
- Perform pre-auction inventory reconciliation for US Treasuries and Agencies;validate firm positions, investigate discrepancies, and drive them to resolution
- Own day-to-day US Treasury and Agency auction support including order preparation, submission, and post-auction reconciliation;update and maintain firm and client auction orders in the Federal Reserve's TAAP system ensuring accuracy, completeness, and timeliness
- Develop and refine standardized auction order templates to streamline order entry and reduce operational risk for firm and client submissions
- Manage trade capture, allocation, and settlement processes;ensure trades are properly booked and fed to downstream systems
- Identify and resolve trade exceptions and reconciliation breaks between internal systems and external platforms including Broadridge and Bloomberg TOMS
- Serve as a day-to-day point of contact for front office, operations, technology, and external market utilities;resolve routine issues independently and escalate complex matters as appropriate
- Drive process improvements and automation initiatives by identifying gaps, documenting requirements, and implementing enhancements that improve efficiency and reduce operational risk
- Prepare and distribute operational and management reports related to trade support and auction activities
- Participate in projects and system enhancements related to trade support, auction processes, and regulatory change;support client account onboarding and maintenance
- Investigate and resolve regulatory-related matters and operational issues;maintain a strong understanding of desk-related technologies and support system integration efforts
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FAQs About Associate Fixed Income Trade Control & US Treasury Auction Support Jobs at Madison-Davis
What is the work location for this position at Madison-Davis?
This job at Madison-Davis is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Madison-Davis?
Candidates can expect a pay range of $130,000 and $130,000 per year.
What employment applies to this position at Madison-Davis?
The employer has not provided this information. This may be discussed during the hiring process.
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