Business Operations Specialist V

11 Apr 2024

Vacancy expired!

Business Operations Specialist V ROLE SUMMARYAdministers the books and records for assigned accounts by coordinating/booking transfers, settlements, redemptions, reconciliations, and management of security reference data-related activities, and trade service processes. May involve complex securities and tight deadlines. Bloomberg knowledge is preferable, additional experience with market data is helpful. Identifies quality, accuracy for accounts, data quality, and that it is correct. Knowledge of trade support and broader trade life cycle knowledge for Middle Office functions. Works under close supervision of a senior team member for a set of accounts. Identifies process improvement opportunities.

RESPONSIBILITIESWorks closely with securities trading, compliance, operations, relationship managers, technology teams, and vendors to ensure a seamless and efficient client experience.With guidance from more experienced peers, coordinates the processing of portfolio transactions, ensuring activities are accurate and compliant.Demonstrate excellent communication skills, can work independently, demonstrated political savvy, ability to influence and negotiate with others, and superior analytic and problem-solving abilities.Escalates identified issues and seeks guidance on appropriate corrective actions.Prepares standard documentation for one or more areas for settlements, reconciliations, transfers, security setups, etc., under the instruction of more experienced peers. Identifies process improvement opportunities.Follows established controls, checklist items, and follow-up on items.With guidance from management, generates periodic reports and dashboards outlining relevant operational metrics like errors, client satisfaction, responsiveness, time to resolution, etc.May answer queries on cash/trade breaks from internal or external clients, following a set of standardized practices.With guidance and following established controls, checks and validates third-party reconciliations; assists with account transitions to the end-state infrastructure of outsourced providers.Aggregates feedback for management and third-party vendors on timeliness and quality.

QUALIFICATIONS• Bachelor's degree or the equivalent combination of education and relevant experience AND• 5+ years of total relevant work experience• Middle Office experience in one or more of the following areas – portfolio transactions, reconciliations, pre-trade, post-trade processing, security reference, etc.Preferred• Experience in investment operations preferred• Demonstrated ability to manage competing priorities and deadlines• Demonstrated ability to collaborate in a team environment and build strong relationships• Demonstrated initiative to proactively initiate process improvement opportunities• Grasps complexities and perceives relationships among issues• Strong written and verbal communication skills• Bachelor’s degree - Business, Accounting, Finance, or technology-related field• Knowledge of the securities or financial services industry preferred

  • ID: #38453539
  • State: Maryland Baltimore 21201 Baltimore USA
  • City: Baltimore
  • Salary: Up to $59
  • Job type: Contract
  • Showed: 2022-04-11
  • Deadline: 2022-05-31
  • Category: Et cetera