Trading Assistant, Middle Office
Trading Assistant, Middle Office
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
EMPLOYER: A-CAP Management LLC
DEPARTMENT: Asset Management
LOCATION: Onsite in Miami FL (Brickell)
ABOUT THE COMPANY
The A-CAP () group consists of five life insurance/reinsurance companies/captives an asset manager and various other non-insurance companies. The asset manager primarily invests in structured securities including CLOs CMBS ABS and collateralized lending direct real estate lending private credit and equity for both internal and external clients. A-CAPs management team and operational professionals have diverse experience and proven success across the insurance reinsurance and investment sectors with an average of 20 years of experience. Assets under management are approximately $10 billion and growing at over $500 million annually. A-CAPs offices are in New York Salt Lake City and Miami.
A-CAP Management ACM is the asset management arm of A-CAP. ACM formally launched in April 2014 as an SEC registered investment advisor. As of 12/31/21 ACM manages $4.9B of assets. ACM aims to provide a cost-effective way for small to mid-size insurance companies to rapidly gain exposure to less liquid and new asset classes that are generally outside the scope of traditional insurance company asset managers. Our overriding goal is to positively impact an insurance companys financial position and support their long-term stability and growth through:
- Maintaining credit quality and matching asset liability profiles
- Strengthening the insurance company balance sheet
- Maintaining or improving return on capital
- Supporting long term stability and growth with acute sensitivity to insurance regulatory accounting and capital issues
- Spreading cost-of-team across other similarly situated insurance companies
ACM has an immediate opening for an adaptable diligent and self-motivated individual to join the team as a Trading Assistant. The person filling this role will work directly with portfolio managers and the operations team to manage operational aspects of the existing book and to assist with expanding and improving operational systems and processes in the future. The successful candidate will demonstrate initiative attention to detail and a high level of analytical aptitude. Additionally they must excel in a high- pressure environment be able to work independently and be capable of managing a diverse set of activities within the operations function with limited direction.
WHAT YOU WILL DO:
- Ensure accurate trade capture and settlement in our order management system (Charles River and our proprietary system)
- Execute and maintain up-to-date cash and position reconciliation with a high degree of accuracy and timeliness
- Create and maintain investment reports for various funds under management
- Compile and analyze metrics for trading exception processing and other areas of the business to identify trends and potential control opportunities
- Monitor data quality in investment management and accounting systems
- Work with various teams on projects related to the growth of business such as process enhancements and new business initiatives
- Work closely with the accounting team (internal and external) to ensure record accuracy and investigate discrepancies in timely manner
- Strong academic performance with 3 years of experience in fixed income operations
- Experience analyzing credit agreements bespoke transaction structures term sheets and working with portfolio managers and risk/analytics professionals to determine the proper booking and monitoring approach
- Strong Excel skills and ability to manage large data sets in Excel and produce clean repeatable reports on a standard cycle and as needed by the front office risk/compliance and management teams
- Excellent written and verbal communication skills
- Strong organizational skills with ability to work independently and multi-task in a complex and fast-paced environment
- A team player focused on contributing to the collective success of the group
- Excellent work ethics and professional habits
BENEFITS:
A-CAP works hard to create a positive and supportive environment. Thats why we offer great benefits to safeguard the health and well-being of our employees. Our comprehensive benefits package includes:
- Competitive salary/base pay
- Employer-sponsored medical dental and vision insurance
- Paid Life & AD&D Insurance (for employees and families)
- Paid Disability Insurance (STD LTD)
- Paid Parental Leave
- Paid Vacation and Sick Leave
- Paid Holidays (13 scheduled in 2025)
- Voluntary Supplemental Insurance policies
- Safe Harbor 401(k) plan with employer match
- And other benefits and perks!
POSITION TYPE AND EXPECTED HOURS OF WORK
This is a full-time position. Days and hours of work are Monday through Friday 9:00 a.m. to 6:00 p.m. 40 hours weekly or as otherwise arranged with the manager of the department.
US work authorization is required.
Who We Are: Statement
A-CAP is an Equal Opportunity Employer and does not discriminate in recruiting hiring promotion or any other personnel action based on the basis of race ethnicity national origin color sex gender gender identity or expression sexual orientation religion age disability veteran status or any other basis covered by appropriate law. We comply with the laws and regulations set forth in the Know Your Rights poster. All employment is decided on the basis of qualifications merit and business need. To request an accommodation contact and we will make every effort to respond to your request within 48 business hours to work towards a positive solution.
Disclaimer:
The above is intended to describe the general content of and requirements for the performance of this job. It should not be construed as an exhaustive statement of duties responsibilities or physical requirements. Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Experience:
Senior IC
Employment Type
Full-Time
