Finance Operations Specialist

Finance Operation specialist - DTC Settlements

1150, Plaza Five, Jersey City, NJ 07311 (Hybrid)

6+ months of contract

Position Summary:

Performs high-level specialized operational securities processing activities in support of the firm’s business lines. S/he is a subject matter specialist typically dealing with issues as they relate to processing security transactions that settle at the Federal Reserve Bank (FRB). This would include activities such as resolving trade problems, assisting others, settling transactions, client contact, and both share and cash reconciliation.

Principal Responsibilities:

Transactions Processing

Coordinate control/production related activities such as viewing work ticket queues and various FRB trade reports.

Help to ensure all FRB delivery deadlines and requirements are being met.

Provide timely and accurate responses to trade inquiries such as fail trade research, trade status, FRB Market Practice requirements, and Market to Market transfers.

Coordinate intraday and end of day prioritization and reconciliation of daily work/proof control.

Problem Resolution:

Monitor and assist in the resolution of FRB trade issues and inquiries by Clients, RM’s and Brokers.

Escalate high value problem trades to management.

Communications:

Communicate professionally and constructively via email, phone with internal and external clients and counterparties to effectively resolve issues to minimize risk and exposure.

Provide superior client service.

Communicate as part of a team.

Process Improvement:

Gain efficiencies to improve individual productivity

Contribute to Division or Firm process improvement activities

Gain an understanding of the big picture – how specific function impacts the firm

Knowledge, Skills and Ability:

Education level and/or relevant experience(s)

BA/BS degree or equivalent work experience

Knowledge and skills (general and technical):

Demonstrated PC skills

Ability to meet deadlines and work under pressure

Ability to identify, escalate and resolve a problem

Ability to manage time efficiently and effectively with strong organizational skills and detail orientation

Ability to communicate professionally through effective verbal and written skills

Ability to work in a team environment

What is the expected hybrid schedule? 3 days in Jersey City office, 2 days remote.

Weekly hours expected? 40 hours.

Expected term? 6 months.

Is this a contract-only assignment, or is temp-to-perm possible? Contract only assignment