Full-Time

Xtract Operations Analyst

Posted on 7/19/2023

ION Group

ION Group

5,001-10,000 employees

Automation technology for financial sector clients

Enterprise Software
Fintech

Compensation Overview

$60k - $70kAnnually

Entry

New York, NY, USA

Position requires onsite presence in New York.

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Requirements
  • Outstanding reading and writing skills which demonstrate the ability to comprehend sophisticated legal language
  • Demonstrated interest in financial and/or legal subjects
  • Ability to quickly analyze and interpret diverse qualitative and quantitative data
  • Proficiency with all Microsoft Office software especially Excel
  • Organizational excellence and desire to be independently accountable for multiple projects with overlapping time frames
  • Meticulous attention to detail
  • Pride in work product
Responsibilities
  • Maintaining Xtract’s client-facing databases of fixed income covenant data
  • Collecting data on key features of loans and bonds
  • Reviewing confidential financial documents and calculate various ratios
  • Communicating with clients via email and phone in response to enquiries
  • Receiving, logging, and tracking status of client enquiries
  • Proof-reading covenant analysis reports prepared by attorneys
  • Bookmarking key clauses in bond and loan documents
  • Testing new and existing website functionality

ION Group specializes in automation technology tailored for the financial sector, primarily serving institutional clients like investment banks, asset managers, and brokers. The company provides advanced software solutions that enhance trading, processing, and risk management activities in global financial markets. ION's products include sophisticated software platforms and APIs that enable clients to connect seamlessly to various trading venues and exchanges, ensuring efficient and accurate transactions. Unlike many competitors, ION stands out by continuously acquiring entrepreneurial firms, which allows it to remain agile and responsive to market changes. The company's goal is to enhance efficiency and reduce operational risks for its clients through innovative automation technology.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$426.5M

Headquarters

London, United Kingdom

Founded

1998

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

10%

2 year growth

10%
Simplify Jobs

Simplify's Take

What believers are saying

  • ION's acquisition strategy keeps it agile and responsive to market changes.
  • The resurgence in global M&A and ECM markets boosts demand for ION's analytics services.
  • ION's collaboration with Abaxx Exchange enhances its post-trade clearing and risk solutions.

What critics are saying

  • US Treasury market's clearing mandate may impose significant compliance costs on ION's clients.
  • Potential global tariffs by the Trump administration could disrupt ION's international operations.
  • China's economic slowdown may reduce demand for ION's services in the region.

What makes ION Group unique

  • ION Group specializes in automation technology for the financial sector.
  • The company offers sophisticated software platforms and APIs for seamless trading and processing.
  • ION Group is known for its innovative approach to enhancing efficiency and reducing risks.

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Benefits

Health, dental, and vision insurance

AD&D and disability insurance

Flexible spending account

Health savings account

Life insurance

Mental health care

401K plan

Performance bonus

Supplemental workers' compensation

Family medical leave & parental leave

PTO, paid holidays, sick days, bereavement leave, and volunteer time off

Commuter checks

Company social events

Employee assistance program

Free lunch

mobile phone discount

INACTIVE