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).
• Assist team members and the Securities Operations Specialist and Supervisor in providing customer service to internal clients (bankers/registration agents).
• Direct point of contact for the clearing agent (Pershing LLC).
• Conduct investigations into discrepancies that arise prior to settlement to ensure the timely settlement of RVP/DVP trades on RTTM.
• Communicate effectively with counterparties and the trading desk.
• Establishment of collateral, monitoring, and accounting for structured bonds.
• Issuance of collateral, verification, and posting of Yankee CDs.
• Reviewing, preventing, or resolving unresolved trade transactions.
• Processing of securities transfers (depository-to-depository and ACAT).
• Reporting or sending notifications regarding margin calls, in-the-money or exercised options, and CA events.
• Submitting CA elections on NETX360.
• Maintaining the cost base.
• Monitoring and processing margin calls.
• Maintenance of regulatory reporting (DTCC).
• Investigation of discrepancies related to securities reconciliation, including their 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

• An associate's or bachelor's degree is preferred (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).
• Comfortable working with multiple software platforms and skilled 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.