Job Description

Trading Assistant

Job Number: 21-14615

 

Take a bold step forward in your career! Eclaro is looking for a Trading Assistant for our client in New York, NY.

 

Eclaro’s client is a global private equity firm that provides unique opportunities for value to its wide slate of investors. In a highly competitive industry, they are poised for success and create a work environment where you can thrive. If you’re up to the challenge, then take a chance at this rewarding opportunity!

 

Position Overview:

  • This individual will work directly with traders and provide operational support on various funds, separately managed accounts and portfolio companies managed by Client.
  • Functional responsibilities will include ensuring delivery of end-to-end management of trade bookings, including trade confirmation, trade settlement, trade life-cycle event support, and risk monitoring in partnership with portfolio managers, traders and global support teams.
  • Primary fund structures will include multi strategy (including structured credit, high yield, emerging markets and bank debt) public funds and separately managed accounts for Insurance portfolio companies as well as Insurance clients.
  • The environment is fast-paced and requires exceptional attention to detail and organizational skills.

 

Responsibilities:

  • Manage trade bookings across Client's liquid credit businesses
  • Coordinate with traders, portfolio managers, finance, compliance and businesses managers through close partnership in NY and London
  • Book trades across multiple strategies, with minimal direction and oversight from PMs
  • Provide real time monitoring of portfolio activity and relay key points of feedback to decision makers
  • Manage and publish trade and portfolio summaries
  • Collaborate with risk monitoring group to develop reports related to the firm's portfolios
  • Maintain a professional relationship with executing brokers
  • Resolve trade issues with counter party and internal operations
  • Refine existing trade allocation processes and develop and implement enhancements to systems
  • Perform other duties and responsibilities as required by the position

 

Required Qualifications:

  • Bachelor's degree with 1-2 years of relevant experience on a trading floor
  • Experience with Order Management Systems, trade booking, and corporate actions
  • Strong working knowledge of various investment products including corporate bonds, ABS, bank debt term loans, private loans, Revolver/Delayed Draw loans, repos, whole loans, cash & synthetic structured credit, options, and swaps
  • Working knowledge of Bloomberg; knowledge of Everest (front office trading system) is a plus
  • Superior Excel skills
  • Programming skills is a plus
  • Must have strong communication skills, organizational abilities, and attention to detail

 

If hired, you will enjoy the following Eclaro Benefits:

  • 401k Retirement Savings Plan administered by Merrill Lynch
  • Commuter Check Pretax Commuter Benefits
  • Eligibility to purchase Medical, Dental & Vision Insurance through Eclaro

 

If interested, you may contact:

Elland Bondoc

elland.bondoc@eclaro.com

2012839624

Elland Bondoc | LinkedIn

 

Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

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