Trade Operations Associate

Company

Institutional Cash Distributors LLC

Location

Boston, MA

Type

Full Time

Job Description

Who is Institutional Cash Distributors (ICD)?

ICD is treasury's trusted, independent portal provider of money market funds and other short-term investments. At the intersection of the treasury and investment communities, ICD delivers unbiased access to over 300 investment products, market expertise, and intuitive technology. Our award-winning ICD Portal is a model in the industry for trading, reporting and analysis. Through our Global Trade Desk, we offer follow-the-sun support and expert service. Founded in 2003 to focus solely on the needs of the treasury investment community, ICD remains committed to putting treasury first.

At ICD you will find a tight-knit group of motivated and talented individuals who are both serious about company success and passionate about our team and culture. Our work environment is fast-paced, collaborative and fun. We value work-life balance and treasure the relationships we have developed with our colleagues. It is no wonder ICD was certified as a Great Place to Work! To view more info on how ICD is a Great Place to Work, go to www.greatplacetowork.com/certified-company/7026457.

Position Summary:

We are seeking a Trade Operations Associate to work on our US trade desk. This person will be an important team player contributing to a global trading operations team. Position requires daily contact with Fortune 500 companies, requiring the highest level of professionalism. Multi-million-dollar transactions require the utmost attention to detail. The ideal candidate is an intellectually curious individual, independent and self-motivated, who thrives in an entrepreneurial environment.

We are looking for candidates with a degree in Finance, Business, or other related field that are eager to gain knowledge and hands-on experience. Individuals with previous internship or other experience in an office or finance setting are strongly encouraged to apply. Those with a high level of attention to detail, customer service skills, and knowledge of the financial environment will succeed in this role.

Responsibilities:

  • Process money market trades via phone, email, fax, online, and other proprietary systems
  • Review trade activity (i.e., wire monitoring, ensuring trades are executed on time, reviewing credit and debit balances on client accounts, etc.)
  • Completing client audit requests in a timely manner.
  • Provide extraordinary service to our institutional client base
  • Ongoing communications with trade counterparties
  • Account maintenance
  • Provide support to the US trade desk staff.
  • Soft file maintenance
  • Assist other internal departments as needed.

Experience & Education

  • 4-year college degree: Business, Finance, Economics degree strongly preferred
  • Series 7 and 63, or ability to obtain within 6 months
  • Previous internship or office experience strongly preferred
  • Client/Customer Service experience strongly preferred
  • Financial Services exposure a plus

What does it take to be successful in this role?

  • Ability to work in fast-paced environment while maintaining high attention to detail.
  • Strong ability to prioritize tasks to meet deadlines.
  • Enthusiastic, eager to learn and takes initiative.
  • Team orientated, must be able to work well with others.
  • Excellent verbal and written communication skills.
  • Excellent computer skills, including Microsoft Office.
  • Ability to handle assigned tasks with minimal supervision.

Location

The position will be primarily remote within the Cohasset, MA area with the occasional requirement to work in office.

Benefits:

  • Performance-based bonus
  • Competitive medical, dental, and vision insurance
  • Comprehensive employer contributions to Health Savings Accounts
  • Accident insurance
  • Employer-paid long-term disability and life insurance
  • Supplemental life insurance
  • 401(k) with match

People First

At ICD, we are building an extraordinary company that helps people conduct their business activities more reliably, effectively, and securely. We put people first, do the right thing, and succeed together.

We have a strong belief that our people are the most important part of our business. We incorporate this philosophy into our practices, and we live it every day. This means we have competitive salaries, generous traditional benefits, and take a lot of time to focus on quality management and leadership development. We also strive to ensure each person in the company is in the right job, knows how their job contributes to the overall company mission, and has a clear sense of career growth and direction.

The ICD experience is a two-way exchange. We expect you to give us your best every day, and you can expect the same from us. In exchange for your talent, your energy, and your unique contributions, we will strive to give you what you need to live a balanced, healthy life.

For more information visit: https://icdportal.com/

ICD is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

The position characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Date Posted

11/22/2023

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