Money Market/Repo Trade Support - Join Robert Half in New York, NY

Robert Half Financial Services is thrilled to partner with a prestigious global boutique bank in midtown Manhattan to recruit a skilled Money Market/Repo Trade Support professional. This hybrid role offers the perfect blend of in-office collaboration and remote flexibility, requiring just 2-3 days per week on-site in the heart of New York's financial district. If you have 2+ years of hands-on experience in Money Market or Repo Trade Operations at a bank, deep knowledge of MM, Repo, and FX products, and familiarity with the Opics system, this position is your gateway to advancing your career in high-stakes banking operations. Dive into pricing complex instruments, managing cash flows, and building vital counterparty relationships in one of the world's most dynamic financial hubs.

About the Role

In this critical Money Market/Repo Trade Support position, you'll support the bank's short-term funding and trading strategies, ensuring seamless operations across money markets, repurchase agreements (repos), and foreign exchange (FX) products. Located in vibrant midtown Manhattan, New York, NY, United States, you'll contribute to a global boutique bank's success by handling daily settlements, risk monitoring, and market analysis. This full-time role is ideal for finance professionals passionate about treasury operations, trade support, and the fast-paced world of banking. With Robert Half's expertise in financial staffing, we connect top talent like you to opportunities that drive real impact. Keywords like 'Money Market jobs New York,' 'Repo Trade Support careers,' and 'Opics system roles' highlight why this position stands out in SEO-optimized job searches for banking professionals.

Key Responsibilities

Your day-to-day will involve a dynamic mix of analytical, operational, and relational tasks:

• Accurately price fixed and floating rate notes, incorporating swap rates, credit risk assessments, and yield curve analysis to support informed trading decisions.
• Evaluate and price Repo collateral, considering specific issue details and treasury market technicals for optimal positioning.
• Determine pricing for USD/FX Depo Swaps using prevailing exchange rates and market conditions.
• Forecast the bank's running cash position, modeling how each transaction affects current and future cash flows to maintain liquidity.
• Monitor and maintain the Repo I/O ratio in line with internal limits, preventing any compliance issues.
• Oversee DTC clearing fund requirements, proactively avoiding limit breaches that could disrupt operations.
• Cultivate strong relationships with key counterparties such as inter-bank partners, dealers, FICC, money market funds (MMF), and the Federal Reserve Bank (FRB).
• Actively participate in industry meetings and events to network with market participants and strengthen the bank's position.
• Input and manage transactions efficiently in the Opics system, ensuring data integrity.
• Handle daily settlements of the bank's balances with its primary bank, guaranteeing positive balances and avoiding overdrafts.
• Execute all short-term funding needs and trading activities strictly within authorized limits.
• Prepare FICC margin call RINGI and transaction RINGI reports for internal approvals.
• Vigilantly monitor credit lines for potential issues, developing solutions to minimize the branch's risk exposure.
• Gather and analyze market intelligence, sharing insights with the trading (TR) group and senior management.
• Control, reconcile, and fine-tune Opics system data for precision in all cash trading details.
• Provide rate quotes to the Loan Group, accommodating their funding, repayment, and adjustment needs.
• Create internal tickets for loan transactions to support the Operations Group.
• Prepare and secure compliance documents, including 'Know Your Customer' questionnaires for new counterparties.
• Contribute to early-stage projects, offering innovative suggestions to enhance processes.

Required Qualifications

To excel in this Money Market/Repo Trade Support role, candidates must demonstrate:

• At least 2+ years of direct experience in Money Market or Repo Trade Operations within a banking environment.
• Solid knowledge of money market (MM), repurchase agreements (Repo), and FX products.
• Hands-on experience with the Opics system is highly advantageous.
• Proficiency in pricing financial instruments based on swaps, credit risks, yield curves, and exchange rates.
• Strong analytical skills for cash flow forecasting, limit management, and risk monitoring.
• Proven ability to build and maintain counterparty relationships in competitive markets.
• Excellent attention to detail for trade settlements, reconciliations, and compliance documentation.
• Bachelor's degree in Finance, Economics, or a related field preferred.

Why Join Us?

Partnering with Robert Half opens doors to a supportive, growth-oriented environment at a leading global boutique bank. Enjoy a competitive salary around $90,000, hybrid flexibility, and comprehensive benefits that prioritize your well-being. Network with elite market players, leverage advanced tools like Opics, and advance in treasury and trade support. New York, NY's financial epicenter offers unparalleled opportunities—apply now through Robert Half and elevate your banking career today! (Word count: 852)