Fixed Income/Fed Clearance Specialist

Position Description:The AVP in Fixed Income Ops would be primarily responsible for:Ensuring clearance and settlement of Fed cash and repo securities Managing an outsourced teams that are responsible for the clearance and settlement of repos and Fed securities (Government Ops), respectivelyAdditional responsibilities include:Researching and reconciling breaks, fails, open items, etcArchitecting and managing trade flows to respective systems/depots for settlementRe-aligning securities between depots as necessaryWorking with MBS Allocations, MBS Settlements, Gestation Repo, and TMPG Operations teams to ensure settlementWorking with Repo/Securities Finance teams to ensure settlementCreating and repairing processes to lower operational risk to the firmDesirable Qualifications:Strong knowledge of all Fixed Income clearance/settlement concepts and experience with settling trades and managing NFE/DOD at the FedStrong knowledge of Fixed Income security lifecycle events (fails, maturities, coupons, factors, rate changes, reorgs, etc) and its effect on stock record/trial balancesProven track record of managing operational riskStrong knowledge of Broadridge GPS products (BPS, CAGE/Global Framework, and Impact)Proven track record of successfully working with industry peers on Fixed Income initiatives (Same Day Settlement, Fed Repo Tracking, Consolidated Margin, Single Security, etc)Strong attention to detailStrong written and verbal communication skillsStrong Excel skills (Pivot Tables, VLOOKUP, etc)Proven self-starter with ability to think quickly under pressure