$60,000 - $70,000 yearly
The Resume Review - Recruiting Department
Jacksonville, FL, USA
Job description
LOB Specific Description: The PRO Trades Support team is set up as representatives of MLPRO as an authorized participant and is responsible for the placement and settlement of ETF (Exchange Traded Funds) creations and redemptions in support of the prime broker clients and internal trading desks who engage in this business. As such, the team is divided into 2 units. The Order Placement unit which liaises with clients and the placement agents to place such transactions and the Settlement Oversight unit which oversees the settlement process of the ETF and its components. Specific Functions include the acceptance, placement and booking of creation and redemption orders/requests, timely and accurately responding to internal and external inquiries, reconciliation of intercompany accounts, continuous testing of ETF application as upgrades are deployed, Fails Management which includes collateral posting, liaising with Settlements, other internal/external...