We are seeking a Trade Operations Specialist (Settlements) to ensure the accurate and timely completion of securities transactions, including both purchases and sales. They manage the process from trade execution to settlement, ensuring compliance with regulations and resolving any discrepancies or issues that arise. This role requires a Series 99.
Key Responsibilities:- Trade Settlement: Handling the entire lifecycle of securities transactions, including trade verification, matching, and settlement.
- Transaction Processing: Accurately processing various types of trades, such as equities, fixed income, and derivatives, and ensuring proper documentation.
- Regulatory Compliance: Adhering to all relevant regulations and guidelines related to securities settlement.
- Reconciliations: Reconciling settlement positions and investigating and resolving any discrepancies.
- Communication: Effectively communicating with internal and external parties, including brokers, counterparties, and clients, to resolve settlement issues.
- Risk Management: Identifying and mitigating potential risks associated with the settlement process.
- Reporting: Preparing and distributing reports on settlement activity and performance.
- Problem Solving: Investigating and resolving complex settlement issues and discrepancies.
- Essential Skills:
- Financial Markets Knowledge: Understanding of securities markets, trade processing, and settlement procedures.
- Attention to Detail: Meticulous attention to detail is crucial for accuracy in settlement processing.
- Analytical Skills: Ability to analyze complex data and identify discrepancies or potential problems.
- Communication Skills: Excellent verbal and written communication skills to interact with various stakeholders.
- Problem-Solving Skills: Ability to effectively resolve settlement issues and discrepancies.
- Adaptability: Ability to adapt to changes in regulations, market conditions, or internal procedures.
- Time Management: Ability to prioritize tasks and meet deadlines.
