Securities Operations Specialist

Job description

The Securities Operations Specialist is directly responsible for specialized functions, including the processing and settlement of securities and treasury transactions within the bank and the broker-dealer. The Securities Operations Specialist must be an organized self-starter who can work effectively in a fast-paced, dynamic, multi-platform international environment. He or she must be able to work within defined SLA and KPI metrics.

Tasks and responsibilities

• Provide superior customer service to internal clients (bankers/registration representatives).
• Support team members, the Securities Operations Specialist, and the Supervisor in providing customer service to internal clients (bankers/registration agents).
• Direct point of contact for the clearing agent (Pershing LLC).
• Conduct investigations into pre-settlement discrepancies to ensure the timely settlement of RVP/DVP transactions on RTTM.
• Communicate effectively with counterparties and the trading desk.
• Establishment of collateral, maintenance of controls, and booking of structured bonds.
• Creating collateral, maintaining controls, and booking Yankee CDs.
• Reviewing, preventing, or resolving unresolved trade transactions.
• Processing of securities transfers (account-to-account and ACAT).
• Reporting or sending notifications regarding margin calls, in-the-money or exercised options, and CA events.
• Submitting CA elections on NETX360.
• Maintenance of the cost base.
• Monitoring and resolving margin calls.
• Maintenance of regulatory reports (DTCC).
• Investigation of discrepancies related to securities reconciliations, including resolution.
• Developing and implementing improvements and solutions for tasks and processes with a focus on performance, collaboration, and efficiency.
• Development and maintenance of procedure manuals.

Qualifications

• Associate's or bachelor's degree (preferably in finance or accounting).
• Series 99 or Series 7.
• Knowledge of Netx360.
• Strong analytical skills.
• A commitment to providing a positive experience for our customers.
• 1–3 years of experience in the banking or broker-dealer industry.
• Microsoft Office; advanced knowledge of Excel. Use of AI agents (Copilot).
• Proficiency in working with multiple software platforms, including expertise in extracting, analyzing, validating, manipulating, and entering data in such tools.
• Knowledge of securities characteristics, trade execution, settlement, and reconciliation.
• Fluency in English is required. Knowledge of Portuguese and/or Spanish is preferred.