Investment Operations Specialist - Charlotte, North Carolina, United States - Underground Administration

Description

Investment Operations Specialist

110-126k

Hybrid in Charlotte, NC

We are seeking an Investment Operations Specialist with 4+ years of Investment Operations experience. The candidate needs to have expert knowledge of buy-in rules for domestic markets including DTCC, Fed and physical clearance. They will bring expert knowledge of DTCC Smart/TRACK system, OW, Settlement Web and FINRA.

Benefits

Start on 1st day

Medical, dental, vision

6% match on 401k, 4-16 weeks paid parental leave

144 hours up-front PTO, additional PTO afterward (accrued)

Variable bonuses, backup child care, tuition reimbursement

Commuter benefits, paid parking, more

Responsibilities

Monitor regulatory buy-in processes and action accordingly (204, Reg-T, MSRB)

Leverage buy-in processes to reduce fail obligations and firm risk (seg deficits)

Monitor CNS obligations and liabilities and liaise with Securities Lending to remediate short positions and fails to receive

Monitor Smart/TRACK system for buy-in notices from counterparties

Liaise with counterparties to remediate open buy-in obligations

Provide coverage for international buy-in obligations

Maintain firm policies and procedures relative to street buy-in practices

Manage client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issues

Lead or participate in moderately complex initiatives and deliverables

Contribute to large scale planning related to process, procedures and efficiencies with internal and industry related initiatives

Identify and recommend opportunities for process improvement and risk control development

Provide leadership to bring groups together to resolve multi-faceted complex issues

Serve as a leader on projects along with internal and industry related initiatives

Review and analyze complex functional and operational tasks that require in-depth evaluation

Exercise independent judgment and resolution to guide the deliverable

Resolve moderately complex issues

Lead team to meet functional area projects, and process deliverables

Leverage solid understanding of functions, policies, procedures and compliance requirements

Mentor and assist analysts

Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required

At least 4 years of Institutional Investment Operations experience

Desired

BS/BA degree in Finance or similar

3+ years of experience in the securities industry with emphasis on buy-in and international trade settlement

Expert knowledge of DTCC Smart/TRACK system, OW, Settlement Web and FINRA

Expert knowledge of buy-in rules for domestic markets including DTCC, Fed and physical clearance

Working knowledge of buy-in rules for international markets including Euroclear, Clearstream, Crest and various local markets

Working knowledge of Broadridge systems including GLOSS, Impact and BPS

Working knowledge of Prime Broker operations