- Salary
- $60k – $70k
- Location
- St. Louis, MO · Missouri, United States
- Workplace
- Remote, Hybrid, Onsite
- Department
- Investment Management
- Seniority
- Entry
- Experience
- 1+ years
- Source
- Greenhouse
Description
Position Summary
The Fixed Income Operations Associate assists the fixed income department in various duties to ensure accuracy and efficiency of trades for BSW & BSP. Responsible for accuracy and quality of all fixed income operations and fixed income data.
Focus provides team members the flexibility to work a hybrid schedule. Our hybrid model is defined as 3 days in office work required per week, while giving team members the option to work remotely 2 day per week, or as assigned by their team leader.
Primary Responsibilities
- Troubleshoot/solve any settlement problems.
- Monitor custodian daily alerts and take appropriate action as needed.
- Serve as liaison to internal trading staff to reduce settlement problems with custodians and delivering broker-dealers in order to minimize trade discrepancies.
- Monitor all trade settlements to ensure that bonds settle on the expected settlement date.
- Assist as needed in setting up new broker dealers that are added to our best execution approved list.
- Maintain the daily trade blotters including the daily trade discrepancy report.
Additional Responsibilities
- Utilize Bloomberg, Orion and other systems to enhance trading procedures.
- Conduct security research as needed.
- Undertake new projects and assignments as directed.
- Contribute to continued refinement of fixed income operations.
- Ensure that any special projects or additional reports that are requested are completed in a timely manner.
Qualifications
- Bachelor’s degree in Business/Finance, or Economics
- 1-3 years of experience in financial services
Preferred Skills
- Proficient in Excel, Word, Outlook, & PowerPoint
- Experience working with the Bloomberg System preferred
Other Qualifications
- Series 65 recommended or ability to obtain within 12 months.
- Demonstrated excellent oral and written communication skills.
- Demonstrated positive attitude with the ability to work successfully in a team environment
- Ability to work well under pressure and effectively handle complex tasks.
- Demonstrated attention to detail
- Strong technical skills
- Willingness to deliver consistent outstanding service with a client service mindset that puts the client’s interests first.
This position is a non-exempt position. The annualized base pay range for this role is expected to be between $60,000 - $70,000 per year base salary compensation range. Actual base pay may vary based on factors including, but not limited to, experience, subject matter expertise, geographic location where work will be performed, and the applicant’s skill set. The base pay is just one component of the total compensation package. Other rewards may include an annual cash bonus and a comprehensive benefits package, including but not limited to medical, dental, vision, life insurance, and 401(k). Please note that the job title is subject to change based on the selected candidate’s experience and education.
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About Focus Financial Partners
Focus Partners Wealth is an organization of wealth, asset, and business management resources that brings strength, innovation, and partnership to client relationships. Through a comprehensive range of services, Focus Partners Wealth supports clients at every stage of life, helping them manage their financial future. With over $180 billion in regulatory assets under management, Focus Partners Wealth uses research-backed investment strategies to create custom-built portfolios and delivers personalized wealth planning solutions to clients in all 50 states. Focus Partners Wealth is part of Focus Financial Partners, a leading financial services firm comprised of wealth management, family office, and business management services. To learn more about Focus Partners Wealth, visit focuspartners.com or follow the company on LinkedIn.
Focus is an equal opportunity employer and bases its employment decisions on the employee or candidate’s skillset, and without regard to an employee or candidate’s race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by local, state and/or federal law.
Focus complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected].
For Indiana Applicants: It is unlawful for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For Maryland Applicants: I UNDERSTAND THAT UNDER MARYLAND LAW, AN EMPLOYER MAY NOT REQUIRE OR DEMAND, AS A CONDITION OF EMPLOYMENT, PROSPECTIVE EMPLOYMENT OR CONTINUED EMPLOYMENT, THAT ANY INDIVIDUAL SUBMIT TO OR TAKE A POLYGRAP OR SIMILAR TEST. AN EMPLOYER WHO VIOLATES THIS LAW IS GUILTY OF A MISDEMEANOR AND SUBJECT TO A FINE NOT EXCEEDING $100.
For California Applicants: Information on your California privacy rights can be found here
For Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this shall be subject to criminal penalties and civil liability.
For Montana Applicants: If hired, the employment relationship is governed by the Wrongful Discharge from Employment Act. Mont. Code Ann. Section 39-2-901.
For Rhode Island Applicants: Focus is subject to Chapters 29-38 of Title 28 of the General Laws of Rhode Island and is therefore covered by the state’s workers’ compensation law. If you willfully provide false information about your ability to perform the essential functions of the job, with or without reasonable accommodations, you may be barred from filing a claim under the provisions of the Workers’ Compensation Act of the State of Rhode Island if the false information is directly related to the personal injury that is the basis for the new claim for compensation. The Company complies fully with the Americans with Disabilities Act.
