Custody Operations Specialist - Freelance Project

Overview

Freelance Custody Operations Specialist supporting processes that convert and onboard plans onto the client's platform, working cross-functionally to improve the onboarding experience and serve plan sponsors.

What you'll do

• Review and record cash and in-kind asset transfers in the trust accounting system.
• Work with sub-custodians to settle trades from booking through settlement for mutual funds, stable value funds, and ETFs.
• Perform reconciliations of invested assets and cash activity between the trust accounting system and sub-custodian by specified deadlines.
• Coordinate with Implementation Managers and Investment teams to transition new and conversion qualified plans onto the client's platform.
• Coordinate with receiving record keepers to liquidate and transfer plan assets from the client's platform.
• Update, maintain, and review client data within CRM systems.
• Ensure collaboration with all internal teams to meet expected timelines.
• Support the creation and maintenance of written operating procedures related to assigned functions.

What you'll need

• Optimistic, flexible, creative, team-oriented, and results-driven, with the ability to collaborate effectively with internal and external stakeholders.
• Good understanding of how mutual funds, stable value funds, and ETFs trade and settle.
• Strong aptitude for numbers and understanding of cash and traditional securities reconciliations.
• Affinity for learning, creating, and iterating rapidly.
• Proactive and analytical, able to problem-solve and propose solutions.
• High degree of organization and dependability.
• Ability to prioritize tasks and manage client expectations.

Nice to have

• Experience with collaboration, project management, and CRM tools such as Google Workspace, Slack, Salesforce, Zendesk, and Jira.
• General knowledge of ERISA rules and requirements, and experience with one or more compliance / record-keeping systems (e.g. SunGard Relius, ASC, FIS).

Details

• Freelance project.
• Working hours: US Eastern Time, 7:30am to 4:30pm.
• Pay: $5 per hour.