Municipal Middle Office
Core
Provide day-to-day middle office support for U.S. Bancorp Investments Inc.'s Municipals Product Group secondary trading and sales businesses, ensuring accurate processing and settlement of fixed income transactions.
Role type
Middle Office Associate (Fixed Income/Municipal)
Builds
Post-trade processing lifecycle for Muni transactions from execution through settlement
Domain
Financial Services / Capital Markets / Fixed Income
Required skills
MSRB reporting requirements knowledge, Bloomberg trade entry platforms, fixed income trading support, trade lifecycle management, reconciliation, exception resolution, P&L validation, trade allocations, settlement management
Preferred skills
Municipal products knowledge, secondary activities experience, process improvement, automation initiatives, Microsoft Excel, operational breaks investigation, FINRA licenses (SIE, Series 7/52/63)
Technologies
Bloomberg, Microsoft Excel, Municipal trading platforms
Responsibilities
Support post-trade processing lifecycle for Muni transactions from execution through settlement; Monitor and resolve trade exceptions, settlement discrepancies, and reconciliation breaks; Validate trade allocations, trade economics, and position accuracy; Assist with daily profit and loss (P&L) reconciliation and reporting; Support new issue syndicate transactions including order management and settlement coordination; Participate in development and enhancement of operational controls and procedures.
Seniority
Mid-level, hands-on IC
