Repo Operations Analyst / Associate

About the Role

This Operations role supports the day-to-day business-as-usual (BAU) processes and reporting within the firm's Repo (Repurchase) operations function. The position operates in a fast-paced, high-volume environment.

Key Responsibilities

• Perform daily reconciliation of the Repo book—investigating breaks, cash excess/deficit, and related items—across the firm's Order Management System (OMS), prime broker administrators, and counterparties.
• Risk Capture - Book daily repo trading activity into the OMS accurately and on a timely basis.
• Liaise with the trading desk, prime brokers, and brokers to confirm activity and resolve any potential issues.
• Review daily margin calls, excess/deficit positions, position balances, and market values.
• Actively maintain the storage and archive of trade recaps in support of audit requests.
• Support treasury functions, including the movement of cash payments across various product types by inputting wire activity into Fed Cash platforms.

Requirements & Tech Stack

• Excel (Thorough working knowledge)
• AI tools (Active interest in integrating for workflow support and streamlining)
• Repo (Repurchase) products (Basic knowledge of and/or experience, focused on liquid structured bond securities)
• Fixed income markets (Familiarity and/or foundational knowledge, with a focus on structured securities (ABS/CMBS))
• Bloomberg software (Familiarity would be highly beneficial)
• OMS (Order Management System)
• Fed Cash platforms

Qualifications

• Some prior experience in financial operations.
• Strong attention to detail.
• Clear communication skills.
• Reconciliation mindset.
• Proactive approach to resolving discrepancies.
• Comfortable working in a fast-paced, high-volume environment.
• Ability to multi-task and prioritize accordingly.
• Confident communication with senior management and external counterparty trading desks and sales contacts.