ADR Operations Specialist
Bank of America · Jacksonville, FL · 2 days ago
ManufacturingFull-time
About the role
This position will involve various settlement tasks that are used to process/settle multiple ADR/ORD conversions. Primary responsibility is processing/settlement of ADR conversions across multiple different markets and platforms. There will be daily interaction via email and phone calls with clients, international settlement teams, trading desks, branch offices, and other internal Operation areas. Daily processing tasks include mitigation of firm and client risk/exposure by ensuring proper conversion bookings, approvals, consistent and clear client communication and proper prioritization around high value conversions.
Responsibilities
- Leads end-to-end resolution of complex client issues and inquiries, including research, escalation and approvals for items with high levels of monetary risk
- Drives execution of complex financial and non-financial client transactions
- Supports process improvements, requirements, and initiatives across multiple stakeholders
- Performs quality assurance reviews, testing, and training to ensures high performance accuracy of performance metrics and quality standards
- Supports risk management and audit processes, including identification of issues, development of mitigation strategies, and exam preparation
- Reviews and updates written procedures to ensure accuracy
- Supports operational team projects and production of executive-level reports and presentations for senior management as needed
Required Qualifications
- 2+ years related brokerage operations experience or Bachelor's degree
- Ability to escalate appropriately and obtain problem solving skills
- Solid oral & written communication skills
- Ability to independently manage small and medium sized projects
- Ability to multitask in a high volume/fast paced environment
- Ability to learn and understand different settlement functions and platforms
- Ability to adhere to workplace excellence and LOB in office schedule. This position can't support extended remote work
Desired Qualifications
- Knowledge of trade lifecycle or stock market
- Strong motivation to succeed
- Understanding of Risk & Control issues
- Prior team lead or management experience
- Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
- Excels in working among diverse viewpoints to determine the best path forward
- Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
- Commitment to challenging the status quo and promoting positive change
- Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
- Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
Skills
- Risk Management
- Written Communications
- Active Listening
- Attention to Detail
- Critical Thinking
- Oral Communications
- Problem Solving
- Adaptability
- Collaboration
- Prioritization
Shift: 1st shift (United States of America) | Hours Per Week: 40