Associate

Overview

Lead daily reconciliation of cash, positions and transactions across a range of securities and act as a first-level leader for the reconciliation and settlement team.

What you'll do

• Perform daily reconciliation of cash, positions and transactions for Equity, Corporate Bond, MBS, Derivatives (OTC & Listed), Repo, Bank Loan, and private securities.
• Analyze and understand all security and cash position differences related to reconciliations.
• Coordinate break resolution with clients, prime brokers, counterparties and internal departments.
• Upload trades in the trade capture tool, either manually or through auto loading of files received from managers or prime brokers.
• Perform trade confirmation with counterparties.
• Track corporate actions.
• Monitor fail trades and settlement.
• Lead professionals or first-level leaders working on issues of diverse scope or coordinating department activities.
• Make decisions with wide latitude within established company policies to meet business objectives.
• Advise staff and partner with cross-functional teams to meet project schedules and develop solutions to issues.
• Establish procedures and recommend changes to policies.
• Be accountable for department results.

What you'll need

• Master's degree and 4 years of related experience, or Bachelor's degree and 6 years of related experience, or high school degree and 8 years of related experience.