Middle Office Trade Support Analyst at Bracebridge Capital

Boston, Massachusetts, United States

Bracebridge Capital Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Asset Management, Fixed IncomeIndustries

Requirements

  • BA degree in Economics, Finance or related field
  • 3+ years of relevant experience in Fixed Income/Derivatives
  • Knowledge of Bloomberg, Markitwire, TradeServ, Clearpar, CTM, and ALERT is preferred
  • Familiarity with long form derivative trade confirmations
  • Familiarity with advanced Excel formulas preferred
  • Must be able to work well under pressure and within a deadline driven environment
  • Must be diligent, detail oriented, and have the ability to multitask
  • Demonstrate accountability and excellent oral and written communication skills

Responsibilities

  • Process and settle trades across all asset classes – including continually monitoring for potential updates post settlement
  • Work with trading, legal, and operations to ensure accuracy of investment data in all platforms
  • Liaise with traders, custodians, and counterparties to resolve all trade breaks/issues
  • Execute daily position reconciliations
  • Work with legal team to set up new counterparty trading relationships
  • Provide general assistance to traders and portfolio managers
  • Continuously look for ways to automate and improve legacy manual processes
  • Confirm all derivative transactions in electronic confirmation platforms
  • Work with legal and trading teams to review and execute long form derivative trade confirmations

Skills

Key technologies and capabilities for this role

Fixed IncomeDerivativesTrade SettlementPosition ReconciliationsBloombergMarkitwireTradeServClearparCTMALERTTrade Confirmation

Questions & Answers

Common questions about this position

What is the salary range for the Middle Office Trade Support Analyst position?

The anticipated annual base salary range is $85,000 - $100,000, determined by factors including experience, skills, and qualifications.

Is this role remote or office-based?

This information is not specified in the job description.

What skills and experience are required for this role?

Candidates need a BA in Economics, Finance or related field, 3+ years in Fixed Income/Derivatives, familiarity with long form derivative trade confirmations, and knowledge of tools like Bloomberg, Markitwire, TradeServ, Clearpar, CTM, and ALERT preferred. Advanced Excel skills, ability to work under pressure, diligence, detail-orientation, multitasking, accountability, and strong communication are also essential.

What is the company culture like at Bracebridge Capital?

Bracebridge has an entrepreneurial and collaborative culture that rewards motivated, dedicated, enthusiastic, and intellectually curious individuals, with the belief that its greatest asset is its people.

What makes a strong candidate for this position?

Strong candidates will have 3+ years in Fixed Income/Derivatives, relevant technical knowledge of platforms and confirmations, advanced Excel skills, and soft skills like working well under pressure, diligence, detail-orientation, multitasking, accountability, and excellent communication.

Bracebridge Capital

Hedge fund managing global fixed income investments

About Bracebridge Capital

Bracebridge Capital manages over $12 billion in assets, focusing on investment strategies in global fixed income markets. The firm aims for capital preservation and absolute returns while minimizing correlation with equity, interest rate, and foreign exchange markets. Established in 1994, it serves a range of clients including endowments, foundations, pension funds, and high-net-worth individuals. With around 140 employees in Boston, Bracebridge fosters a collaborative culture that values motivated and intellectually curious individuals, emphasizing that its people are its greatest asset.

Boston, MassachusettsHeadquarters
1994Year Founded
VENTURE_UNKNOWNCompany Stage
Quantitative Finance, Financial ServicesIndustries
51-200Employees

Risks

High volatility in Bitcoin ETFs poses a risk to Bracebridge's investments.
Reputational risk from Bitcoin ETFs due to regulatory scrutiny and public perception.
Market risk from Clean Earth Acquisitions investment due to acquisition company volatility.

Differentiation

Bracebridge Capital focuses on non-correlated investment strategies for capital preservation.
The firm has a strong presence in global fixed income markets since 1994.
Bracebridge's entrepreneurial culture attracts motivated and intellectually curious individuals.

Upsides

Rising interest in ESG investing aligns with Bracebridge's Clean Earth Acquisitions stake.
Significant investments in Bitcoin ETFs tap into the growing digital asset market.
Institutional investors' demand for diversification benefits Bracebridge's non-correlated strategies.

Land your dream remote job 3x faster with AI