Transaction Management Associate

Key responsibilities and accountabilities

• Focus on accurate and timely transaction processing of security transactions, ensuring tasks are prioritized accordingly to meet processing deadlines:

• Monitor and action trade‑confirmation exceptions in Aladdin, CTM, and TradeSuite. Unconfirmed trades, broker allegements, mismatched trades, and all other confirmation exceptions must be investigated and resolved internally and with the broker community.
• Monitor and action transmission exceptions. Repair failed outbound messages in Aladdin and ensure they are successfully resent to custodians and all relevant interested parties.
• Monitor and resolve Black FX exceptions in Aladdin. Address discrepancies between Aladdin FX bookings and custodian MT381 SWIFT messages. Collaborate with custodians not currently sending MT381 messages to implement them for all applicable accounts and currencies.
• Monitor and resolve trade‑settlement exceptions in Aladdin. Perform pre-matching with custodians and brokers to ensure timely and accurate settlement of trades.
• Work with custodians and brokers to resolve failing trades in Aladdin. Follow up with brokers regarding short positions and coordinate with brokers and custodians to clear other exceptions contributing to failed settlements.
• Work with custodians to configure missing MT54Y SWIFT settlement‑status messages.
• Work with custodians to configure missing MT537 CSDR settlement‑penalty messages.
• Escalate recurring trade‑confirmation or settlement exceptions to management to address root causes and improve efficiency within the Trade Management group.

• Work closely with business partners to provide daily operational support included but not limited to trade management activities:

• Monitor regional Trade Management mailboxes; respond promptly and escalate urgent queries to management
• Manage assigned cash and stock reconciliations
• Work with custodians to manually instruct DWACs and SPOs
• Assist with reporting tasks such as end‑of‑day extracts and weekly reporting (late confirmations, non‑STP reports), support monthly KPI preparation
• Assist with counterparty management activities such as new broker onboarding for APAC region, completing NAV requests from brokers, facilitate completion of KYC requests from existing counterparties, establish FIX connections with external EMS providers, and coordinate broker set up in internal and external platforms
• Assist with LEI set up and renewal coordination
• Communicate proactively with colleagues and management across regions

Knowledge, skills and abilities required

• Full understanding of different types of products and processing requirements for treasuries, corporate and sovereign bonds, munis, ABS/MBS, pools, TBAs, structured credit products, equities, money market instruments and repos.
• Understanding of the lifecycle of the trade from execution to settlement
• Solid understanding of operational risks and controls
• Knowledge of post execution through trade confirmation and settlement protocols
• Working knowledge of CTM; experience with OMS platforms, especially Aladdin
• Strong analytical ability to resolve issues and understand workflows
• Ability to manage high volumes, multitask, re‑prioritize, and work under deadlines
• Strong team orientation with ability to self‑direct and learn proactively
• Effective written and verbal communication skills

Education and experience required

Experience:

• 5+ years’ experience in financial services
• Recent hands‑on experience in Trade Operations with emphasis on trade confirmation and settlement
• Solid understanding of equities and fixed‑income post‑execution processes

Education:

• Bachelor’s degree in Accounting, Economics, Finance or related field

Application requirements

CTM, TradeSuite

Aladdin preferred.