Regular or Temporary:
English (Required)
1st shift (United States of America)Provide middle office operational trade support and trade servicing needs. Responsible for staying abreast of industry and regulatory changes. Maintain accurate trade records, reporting, and monitoring to adhere to firm policies.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
- Assist with the day-to-day operations by processing tasks within the department(s) and maintaining excellent service levels.
- Resolve trade issues and apply critical thinking and problem-solving skills to meet the demands of the business.
- Stay current with trade industry standards and new policies and procedures relative to the area of responsibility.
- Demonstrate initiative and commitment to continuous learning, and the ability to adapt to the changing demands of the business.
- Process trade error corrections for the front office.
- Research and write off worthless securities if eligible.
- Daily/Monthly reconciliation of inventory and error accounts for P&L and the resolution of any differences.
- Monitor and resolve unallocated block trades.
- Daily monitoring of trade reporting. Ensure trades are reported properly, match, settle, and affirm according to industry rules and regulations.
- Research trade issues and liaison with the clearing firm as necessary.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Bachelor's degree or equivalent education, training and work-related experience
- Provide high-quality client service
- Ability to handle multiple assignments; work under pressure in a fast paced enironment
- Attention to detail with emphasis on accuracy and quality
- Strong Organizational, verbal and written communication skills
- Demonstrate proficiency in Microsoft Office software products
- Financial Industry Regulatory Authority (FINRA) Series 7 or ability to obtain the Series 7 license within 120 days of employment
Preferred Qualifications:
- Two year brokerage industry experience.