AVP, Back Office Operations (MBS/TBA)

Title: AVP, Back Office Operations (MBS/TBA)

Office Status: Hybrid New York, NY

Base Salary: $140k $145k + Bonus

ABOUT THE ROLE

This is a multi-product Treasury Operations opportunity at a well-established international bank with a boutique New York presence, offering broad day-to-day operational ownership across fixed income, MBS, repo, derivatives, and money market products. The role sits within a tight-knit, tenured operations team and is ideal for a detail-oriented back office professional who thrives in a fast-paced, deadline-driven processing environment and brings hands-on MBS and TBA settlement experience. Candidates who value stability, a defined schedule, and a collaborative team culture will find this a particularly attractive opportunity.

RESPONSIBILITIES

• Reconcile daily bond P&L position reports against front office P&L;verify daily RM prices and monitor expected payments to maintain daily cash position accuracy
• Verify, confirm, and input trades across money market, securities, and derivative products including via SWIFT MT 320;set up CUSIP schedules and manage trade input in Summit
• Input, approve, and monitor settlements across multiple custodian and clearing platforms including State Street (Insight, GTM, Captain), BNY Mellon, and Federal Reserve systems
• Initiate margin calls on TBA and Repo trades;reconcile and process daily variation margin settlements for Futures and Options
• Monitor custody net cash settlements, trade settlements, corporate actions, and advise on fails across custodian platforms
• Reconcile State Street Nostro accounts against internal postings daily;maintain transit and control account balances
• Monitor and reconcile daily cash positions with BNY Mellon and Front Office;process and dispatch FX and USD payments
• Reconcile Summit data against Kondor for Bonds and Repos;reconcile Futures and Options P&L with Front Office
• Process trade assignment agreements, manual journal entries for differences and adjustments, and accounts payable/receivable reconciliations
• Maintain the Pledged Assets Report;provide Front Office with reports as requested
• Perform market closing for the Futures and Options Desk;transfer funds as needed for daily cash management
• Support system testing, system change initiatives, and automation projects including macros and RPA tools
• Maintain departmental statistics, files, and archives;provide backup coverage for daily functions as needed