Associate Clearing & Operations

Responsibilities:

• Trading and process monitoring, as well as PNL reporting; ad-hoc exception handling and query management 
• Affirmation of trades, minimizing operational risk and maximizing straight through processing 
• Reconciling of position, trades, cash, NAV, and fees
• Supporting clearing and settlement processes across multiple asset classes: Equity, Fixed Income, Derivatives, FX, and Commodities
• Investigating breaks raised by trading desks, other departments, and counterparties
• Assisting in automation efforts and process improvements
• Liaising with Prime Brokers and service vendors for troubleshooting and improvements
• Owning and resolving specific inquiries and ensure timely resolution
• Participating in local & global operations, audit, and valuation projects

 Qualifications:

• A degree in Finance, Economics, Computer Science, or other related fields
• Mastery of financial concepts with direct experience working with global markets
• 1 to 5 years of experience in trade support or post trade operations at a Brokerage, Asset Manager, Investment Bank, or Proprietary Trading Firm 
• DevOps experience is beneficial 
• Aptitude and desire to learn new things and quickly adapt 
• Great analytical and communication skills 
• High level MS Excel knowledge is a must: Comfortable with Look-ups, Pivot Tables, and Conditional Statements
• Interest in post trade infrastructure 
• Ability to work with large scale data reconciliations is a must 
• Python or SQL experience a plus 
• A master's in finance or a CFA/Certification in Finance would be an added advantage 

Benefits:

• Tower's headquarters are in the historic Equitable Building, right in the heart of NYC's Financial District and our impact is global, with over a dozen offices around the world. 
• At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive – without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.

Our benefits include:

• Generous paid time off policies
• Savings plans and other financial wellness tools available in each region
• Hybrid working opportunities
• Free breakfast, lunch and snacks daily 
• In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more) 
• Volunteer opportunities and charitable giving 
• Social events, happy hours, treats and celebrations throughout the year
• Workshops and continuous learning opportunities