Job Title: Trade Support – Fixed Income
Location: Jacksonville, FL
Firm Overview:
Cantor Fitzgerald L.P., with over 12,000 employees, has been a leading global financial services firm at the forefront of financial and technological innovation since 1945. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting, PIPE placements, commercial real estate, and for its global distribution platform. Capitalizing on the firm’s financial acumen and technology prowess, Cantor’s portfolio of businesses also includes Prime Brokerage, Asset Management, and other businesses and ventures. For 79 years, Cantor has consistently fueled the growth of original ideas, pioneered new markets, and provided superior service to clients. Cantor operates trading desks in every major financial center globally, with offices in over 30 locations around the world. As one of the few remaining private partnerships on Wall Street, Cantor has the distinct ability to focus on long-term value creation and solid relationship building. Our structure allows us to respond quickly to client needs, develop solutions that address complex challenges, avoid the limitations of bureaucracy, and attract talented individuals who are driven to succeed.
Responsibilities:
The Associate will support Fixed Income related post execution activities throughout the life of the trade. BGC is looking for a well-rounded candidate with a four-year college degree, preferably in finance, business or economics. The candidate would be well served to have operations knowledge, including, but not limited to, trade processing, cancels and corrections, settlement locations, and settlement platforms. This opportunity is part of a growing organization that unlike other financial institutions, does not have defined boundaries or silos. The Middle Office is continuously changing the architectural eco-system of the trade flow, and the analyst will also be responsible for participating in companywide initiatives.
Pro-actively seek and drive opportunities to achieve straight-through processing and
improve efficiency of settlement processes
- Trade booking, allocations and corrections
- Daily review of management reports, reconciliations
- Evaluating impacts of changes in regulatory and industry practices
- Develop and maintain management reporting and performance benchmarks
- Trade settlement and reconciliation tracking, fee reconciliation, give up processing.
- Liaise with counterparties to track, calculate and reconcile settlement and
- resolve discrepancies
- Coordinate with back office on trade related issues
Qualifications:
- General Fixed Income industry knowledge a plus
- Excellent Microsoft Office skills with a focus on Excel proficiency
- Excellent analytical skills, combined with impeccable business judgement
- Self-directed, energetic, intellectually curious
- Superior analytical and problem-solving skills
- Effective verbal and written communication skills
- Team player who is comfortable working in a dynamic, entrepreneurial environment
- Willingness to simultaneously work on multiple projects, serving multiple constituents
Educational Qualifications:
- Bachelor’s Degree required
