Job Title:
Triparty Processing Associate

Company: Cantor Fitzgerald

Location: Jacksonville, FL

Created: 2024-06-19

Job Type: Full Time

Job Description:

Job Title: Triparty Processing AssociateLocation: Jacksonville, FL; 3 days in officeFirm Overview:Cantor Fitzgerald L.P., with over 12,000 employees, has been a leading global financial services firm at the forefront of financial and technological innovation since 1945. Cantor Fitzgerald & Co. is a preeminent investment bank serving more than 5,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, SPAC underwriting, PIPE placements, commercial real estate, and for its global distribution platform. Capitalizing on the firm's financial acumen and technology prowess, Cantor's portfolio of businesses also includes Prime Brokerage, Asset Management, and other businesses and ventures. For 79 years, Cantor has consistently fueled the growth of original ideas, pioneered new markets, and provided superior service to clients. Cantor operates trading desks in every major financial center globally, with offices in over 30 locations around the world. As one of the few remaining private partnerships on Wall Street, Cantor has the distinct ability to focus on long-term value creation and solid relationship building. Our structure allows us to respond quickly to client needs, develop solutions that address complex challenges, avoid the limitations of bureaucracy, and attract talented individuals who are driven to succeed. Responsibilities:Fixed Income Operations, a division of Cantor Fitzgerald is seeking an Operations Assistant Vice President for Triparty and Collateral management. This position will provide exceptional client service to our internal and external clients and vendors. Advanced Microsoft Office skills, attention to detail, and follow-up skills are critical to this position as are intellectual curiosity, a sense of urgency and a desire for continual improvement to processes, performance, and business knowledge. We are a growing organization that works at a fast pace, requires full participation each day, and rewards exceptional performance in connection with overall business success.Duties include:Allocation of all Domestic Triparty trades in BONY AccessEdge systemResearch and reconciling Triparty stock record breaksKnowledge of full Triparty life cycle processes including trade flow and rulesetsCoordination between trading desk and cash management teamsProactive communication with Finance DeskQualificationsKnowledge of Phase 3 back-office system.Knowledge of Bank of New York, BDC, and settlement platform.Knowledge of Bank of New York, Access Edge Triparty platform.of both Fed and DTC clearingverbal, written, and non-verbal communication skillsExcellent computer skills including Microsoft Windows, Excel, PowerPoint, Word and electronic communications tools. Microsoft Certifications a plusProblem-solving skillsAbility to work independently and collaboratively with all levels of staff and managementDesire to continually learnEducational Qualifications:Bachelor's Degree requiredHybrid Working - We are currently operating a hybrid model for our shared services employees (including this role). We anticipate continuing these arrangements for the foreseeable future with periodic review. Hybrid for Cantor Fitzgerald & its affiliates across the working week, means three days office based and two days remote.Salary: $75,000 - $83,000The expected base salary for this position ranges from $75,000 to $83,000.The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).