Trading Operations Specialist

VTRAC Consulting Corporation

“Solutions for Growth”

 

Please e-mail your resume as a MS-WORD document in confidence Subject: Trading Operations Specialist, JOB No. 8284, Attention: maeganp@vtrac.com or call: 1-888-488-8722 – 232

If you have recently obtained a contract position through VTRAC and still on the project, please contact us for status update.

Job No.:                              8284

Position:                             Trading Operations Specialist I

Position Type:                  Contract – 12 Months

No. of Positions:              1

Location:                            Houston, TX

 Description:

PAS trade specialists are responsible for ensuring that trades are captured accurately on a timely basis in the Mutual Fund accounting system. Their role is very critical to ensure that the daily NAV’s are struck accurately. This is a very critical function in the fund valuation process as it ensures that the priced positions are correct.

 Responsibilities:

  • Monitor Portia PA throughout the day to make sure all trades are transmitted to PAS
  • Manually book trades into PAS that do not flow in STP. This would encompass the processing of complex instruments, including swaps, unlisted options, certain foreign currency forwards, etc.
  • Review reject reports to ensure all trades have been transferred from Portia PA to PAS and address all exceptions
  • Review workstation reports to ensure PAS and Portia are in balance
  • Work with the Fund Administration team, Data Management, and others to resolve discrepancies.
  • Work with Data Management to have new securities setup in PAS as required.
  • Complete month-end reconciliations and provide reports to Fund Administration on Funds year-end
  • Address position reconciliation breaks between PAS and the custodian or other internal systems. Resolve issues by leveraging custodians/ other departments and follow up to ensure resolutions are properly posted to PAS prior to NAV calculation.
  • Coordinate with Data Management regarding trade corrections related to erroneous security master data or other data issues.
  • Provide alternative solutions to improve the quality and efficiency of the department.
  • Overall owners of trade data in PAS.
  • Complete non-daily tasks and special projects as assigned by Specialist Senior or PAS Supervisor.
  • Other duties as assigned
  • Complete month-end reconciliations and provide reports to Fund Administration on Funds year-end

 Must have:

  • Bachelor’s degree in the related fields
  • Pertinent 2 years experience in a fixed income or stable value, equity, derivatives, and money market securities administration.
  • Pertinent 2 years experience with PC based network systems
  • Proficiency with Excel

We thank all candidates in advance. Only selected candidates for interviews will be contacted. For other exciting opportunities, please visit us at www.vtrac.com. VTRAC is an equal opportunity employer.

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