Securities Operations Associate

Securities Operations AssociatePosition OverviewA leading financial services firm is seeking a detail-oriented and analytical Securities Operations Associate to support the accurate and timely processing, verification, and reconciliation of securities transactions and asset movements. The ideal candidate will have a foundational understanding of securities operations, strong problem-solving skills, and the ability to manage a high volume of transactions in a fast-paced environment. This individual will work closely with internal teams, custodians, and transfer agents to resolve discrepancies, mitigate operational risk, and maintain accurate client asset records.Key ResponsibilitiesSupport the processing, verification, and reconciliation of securities transactions and asset movements across various custody platforms and market infrastructure systems.Apply working knowledge of securities processing, including:Depository Trust Company (DTC) and Federal Reserve Bank (FRB) transactions.Automated Customer Account Transfer Service (ACATS) and non-ACATS transfers.Gifts, donations, and other non-standard asset movements.Valuation updates for non-marketable assets.Physical securities processing, including required documentation.Direct Registration System (DRS) and Deposit/Withdrawal at Custodian (DWAC) transactions.Third-party mutual fund transactions processed through the National Securities Clearing Corporation (NSCC).Transfer agent coordination for asset movements and position reconciliations.Investment income payment processing.Research, investigate, and resolve securities discrepancies and processing breaks in collaboration with internal teams and external partners.Monitor transaction activity to ensure accuracy, completeness, and timely processing in accordance with established procedures and controls.Identify potential operational risks associated with securities transactions and asset movements and escalate issues to management as appropriate.Collaborate with internal departments to coordinate transaction processing, address inquiries, and maintain accurate client records.Manage multiple priorities while maintaining accuracy and efficiency in a high-volume, deadline-driven environment.Identify opportunities to improve operational processes and support the effectiveness of daily securities operations.QualificationsBasic knowledge of financial services, investment products, and securities operations.Strong analytical, critical-thinking, and problem-solving skills, including the ability to investigate discrepancies and determine appropriate resolutions.Excellent organizational skills and attention to detail, with the ability to manage multiple tasks and deadlines.Ability to work effectively both independently and within a collaborative team environment.Self-motivated, results-driven, and eager to learn new systems, applications, and procedures.Excellent written and verbal communication skills, with the ability to interact professionally with internal stakeholders and external service providers.Sound judgment and an understanding of operational controls, risk identification, and escalation procedures.Systems and Technical SkillsExperience with multi-currency trust accounting systems, particularly Global Plus (FIS), is a plus.Familiarity with internal and external trading platforms and applications.Experience working with large custodial bank systems.Proficiency in Microsoft Office applications, including Excel, Access, Word, and Outlook.Ability to learn and navigate internal and third-party applications efficiently.Preferred Knowledge and ExperienceFamiliarity with corporate actions and investment income processing.Understanding of securities settlement processes and market infrastructure.Experience with securities, cash, or position reconciliations.Exposure to asset transfers, custody operations, and the resolution of transaction discrepancies.