Credit Middle Office Trading Support Specialist
Apply NowCompany: Crédit Agricole CIB
Location: New York, NY 10025
Description:
Vacancy details
General information
Entity
About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB)
Crdit Agricole CIB is the corporate and investment banking arm of Crdit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crdit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.
For more information, please visit www.ca-cib.com
Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.
Reference
2025-97684
Update date
12/03/2025
Job description
Business type
Types of Jobs - Operations
Job title
Credit Middle Office Trading Support Specialist
Contract type
Permanent Contract
Job summary
Summary
In a dynamic and International environment, you will be responsible for control and support functions of operations initiated by the New York Credit Front Office deriving from post trade execution, books and recordkeeping and trade processing of Fixed Income Market transactions. Your role will be to facilitate trade settlement to ensure all operations are processed efficiently and in a timely manner.
You will be a point of contact and liaison between internal (Front Office Trading, global Middle Office and Back Office teams, Compliance, IT, Market Activity Monitoring, Project Management) and external entities (Clients, Broker/Dealers etc.).
You will develop various skills such as knowledge of financial products, the financial markets, and best business practices.
The position is based in New York. You will report locally to the Manager of the Credit & Repo/Money Markets Middle Office.
Key Responsibilities
The Middle Office team is responsible for assisting and controlling the Credit and US Govies business line including products such as Corporate Bonds, US Treasury Bonds, US Treasury Futures, Credit Derivatives, etc. This includes trade monitoring, workflow control, and trade validation to ensure timely settlement and accuracy of Front Office positions, risk exposure and trade capture. You will contribute to the development of a reliable and effective control function of the perimeter. You will also have the opportunity to participate in various projects related to client business development in order to optimize secure transactions and to provide control of risks. You will also participate in business projects such as new market developments, new products, system enhancements/deployment, new regulations and market rules.
Specific Responsibilities:
Monitor FINRA TRACE reporting via TRAQS ensuring all corporate bond, securitized and US Treasury trades match within the required regulatory timeframe
Ensure accurate capture and data quality in all Front office systems throughout the course of the day
Manage trade amendments in front office booking system upon request while ensuring relevant control modifications are accurately reflected in TRACE, Trading's position, pnl, and risk
Monitor and perform controls for the front to back office trade workflow while following up with numerous teams to resolve discrepancies and settlement issues
TAAPS processing for US Treasury Auctions bidding
Process repo bookings on corporate bond, US Treasuries, Corporate Actions event bookings, manage buy-in requests and process conversions as needed
Assist in the investigation of failed trades and trade-related discrepancies while providing solutions in a timely manner
Daily financing of Front Office security position and currency balances
Facilitate trade settlements and clearing in DTC, Euroclear/Clearstream, Fedwire and CME Clearport
Supplementary Information
Key Responsibilities Continued
Frequent communication with numerous teams including internal and external entities such as front office, back office, Risk Management, IT, management, clients, brokers, Finance Department, etc.
Investigation and follow-up of breaks sent by back office, middle office or internal departments
Provide high level, quality support to front office within the Middle Office's perimeter and established global mandates
Ensure controls and procedures are developed to support the business while reducing financial and operational risk
Assist in the identification, specification and testing of system enhancements
Develop and maintain strong relationships while communicating will all Middle Office teams located globally including MDA teams maintaining interface between all entities
Others:
Service Quality and Processes improvement:
- Propose and formalize any improvements on controls and procedures
- Develop efficiency initiatives
Compliance and Governance
- Ensure compliance with CA CIB CMO [Head Office] and CA CIB NY governance and organization directives
- Promote operational controls and segregation of duties
Salary Range: $90k - $115k
#LI-DNI
Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality
Degree in finance or previous experience in Middle Office
Experience
Rigour and sense of organisation.
Autonomy.
Capacity to cooperate / Ability to work across disciplines
High technical and analytical thinking skills
Good relationship management and ability to communicate clearly and effectively
Sensitivity to operational risk
Ability to work under pressure in a fast paced environment
Fluent in English
Comfortable with IT tools
Comfortable with Microsoft Excel functions, macros and Visual Basic Editor
VBA, Macros in Microsoft Excel
French is a plus
Series 7/63 or Series 99 is a plus
Experience with FINRA Trace reporting is a plus
Technical skills required
Control and awareness
- Exert vigilance to unusual or inappropriate (i.e. unusual, un-economic or fraudulent) trading practices
- Alert management and position control team in case of suspicion of inappropriate (i.e. unusual, un-economic or fraudulent) trading practices or operations
Legal and Regulatory Responsibilities
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the Local Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer
- Maintain appropriate knowledge to ensure thorough understanding that is required to undertake this role. Complete all mandatory training as required to attain and maintain competence
Management and Reporting
Reports to the manager of New York Credit and Repo/Money Market Trading Middle Office
Key Internal contacts
Front Office, local and global Middle Office teams, Back Office, IT support teams, referential teams, risks and market activity monitoring teams, audit and internal control departments
Key External contacts
External Clients, Interbank, Broker/Dealers
General information
Entity
About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB)
Crdit Agricole CIB is the corporate and investment banking arm of Crdit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crdit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.
For more information, please visit www.ca-cib.com
Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.
Reference
2025-97684
Update date
12/03/2025
Job description
Business type
Types of Jobs - Operations
Job title
Credit Middle Office Trading Support Specialist
Contract type
Permanent Contract
Job summary
Summary
In a dynamic and International environment, you will be responsible for control and support functions of operations initiated by the New York Credit Front Office deriving from post trade execution, books and recordkeeping and trade processing of Fixed Income Market transactions. Your role will be to facilitate trade settlement to ensure all operations are processed efficiently and in a timely manner.
You will be a point of contact and liaison between internal (Front Office Trading, global Middle Office and Back Office teams, Compliance, IT, Market Activity Monitoring, Project Management) and external entities (Clients, Broker/Dealers etc.).
You will develop various skills such as knowledge of financial products, the financial markets, and best business practices.
The position is based in New York. You will report locally to the Manager of the Credit & Repo/Money Markets Middle Office.
Key Responsibilities
The Middle Office team is responsible for assisting and controlling the Credit and US Govies business line including products such as Corporate Bonds, US Treasury Bonds, US Treasury Futures, Credit Derivatives, etc. This includes trade monitoring, workflow control, and trade validation to ensure timely settlement and accuracy of Front Office positions, risk exposure and trade capture. You will contribute to the development of a reliable and effective control function of the perimeter. You will also have the opportunity to participate in various projects related to client business development in order to optimize secure transactions and to provide control of risks. You will also participate in business projects such as new market developments, new products, system enhancements/deployment, new regulations and market rules.
Specific Responsibilities:
Monitor FINRA TRACE reporting via TRAQS ensuring all corporate bond, securitized and US Treasury trades match within the required regulatory timeframe
Ensure accurate capture and data quality in all Front office systems throughout the course of the day
Manage trade amendments in front office booking system upon request while ensuring relevant control modifications are accurately reflected in TRACE, Trading's position, pnl, and risk
Monitor and perform controls for the front to back office trade workflow while following up with numerous teams to resolve discrepancies and settlement issues
TAAPS processing for US Treasury Auctions bidding
Process repo bookings on corporate bond, US Treasuries, Corporate Actions event bookings, manage buy-in requests and process conversions as needed
Assist in the investigation of failed trades and trade-related discrepancies while providing solutions in a timely manner
Daily financing of Front Office security position and currency balances
Facilitate trade settlements and clearing in DTC, Euroclear/Clearstream, Fedwire and CME Clearport
Supplementary Information
Key Responsibilities Continued
Frequent communication with numerous teams including internal and external entities such as front office, back office, Risk Management, IT, management, clients, brokers, Finance Department, etc.
Investigation and follow-up of breaks sent by back office, middle office or internal departments
Provide high level, quality support to front office within the Middle Office's perimeter and established global mandates
Ensure controls and procedures are developed to support the business while reducing financial and operational risk
Assist in the identification, specification and testing of system enhancements
Develop and maintain strong relationships while communicating will all Middle Office teams located globally including MDA teams maintaining interface between all entities
Others:
Service Quality and Processes improvement:
- Propose and formalize any improvements on controls and procedures
- Develop efficiency initiatives
Compliance and Governance
- Ensure compliance with CA CIB CMO [Head Office] and CA CIB NY governance and organization directives
- Promote operational controls and segregation of duties
Salary Range: $90k - $115k
#LI-DNI
Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality
Degree in finance or previous experience in Middle Office
Experience
Rigour and sense of organisation.
Autonomy.
Capacity to cooperate / Ability to work across disciplines
High technical and analytical thinking skills
Good relationship management and ability to communicate clearly and effectively
Sensitivity to operational risk
Ability to work under pressure in a fast paced environment
Fluent in English
Comfortable with IT tools
Comfortable with Microsoft Excel functions, macros and Visual Basic Editor
VBA, Macros in Microsoft Excel
French is a plus
Series 7/63 or Series 99 is a plus
Experience with FINRA Trace reporting is a plus
Technical skills required
Control and awareness
- Exert vigilance to unusual or inappropriate (i.e. unusual, un-economic or fraudulent) trading practices
- Alert management and position control team in case of suspicion of inappropriate (i.e. unusual, un-economic or fraudulent) trading practices or operations
Legal and Regulatory Responsibilities
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the Local Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer
- Maintain appropriate knowledge to ensure thorough understanding that is required to undertake this role. Complete all mandatory training as required to attain and maintain competence
Management and Reporting
Reports to the manager of New York Credit and Repo/Money Market Trading Middle Office
Key Internal contacts
Front Office, local and global Middle Office teams, Back Office, IT support teams, referential teams, risks and market activity monitoring teams, audit and internal control departments
Key External contacts
External Clients, Interbank, Broker/Dealers