DTC Settlements Operations Associate (Hybrid)

About the Role

At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you’re passionate about developing your career, while helping others along the way, come join the Broadridge team as a DTC Associate. Our Managed Services team supports a multitude of clients, primarily focused on the US market but also including fast-growing global custody operations. This role offers exposure to a broad client base, enabling you to enrich your knowledge and advance your career more rapidly.

Responsibilities

• Support Depository Trust and Clearing Corporation (DTCC) Settlement functions and related processes such as Buy-Ins, Prime Broker, and Vault.
• Facilitate the development of Broadridge’s Settlement tools (Global Framework (GFW), GLOSS, IMPACT) by providing operational expertise and conducting user acceptance tests (UAT).
• Participate in onboarding new clients onto Broadridge product suites like ‘Brokerage Processing Services’ (BPS) for equity trade settlement and ‘Impact’ for Fixed Income trade settlement.
• Conduct internal and external training programs on Broadridge products (GFW, BPS, Impact, BuyIns System, GLOSS) used within the Settlements department.
• Address and resolve daily operational escalations from clients due to system or human errors, communicating solutions and preventive measures to internal and external parties.
• Limit market exposure for clients by monitoring unsettled trades with high Mark to Market (MTM) exposure and suspense account activities.
• Identify and implement Robotic Process Automation (RPA) in DTC Settlements processes to deliver value-added services.
• Perform quality controls by ensuring adherence to Written Supervisory Procedures (WSP) and develop/maintain Standard Operating Procedures (SOP) for training and operational purposes.
• Coordinate with support functions (HR, IT, Finance) for system, project, and team-related activities.

Qualifications

• Bachelor's degree or equivalent experience.
• Experience working in a corporate environment.
• Proficiency in MS Office Suite.
• Series 99 preferred.
• Self-starter with keen attention to detail.
• Ability to work under tight deadlines and multitask.
• Quick learner adaptable to a growing business.
• Ability to maintain positive relationships with clients and internal associates.
• Excellent verbal and written communication skills.
• Proven knowledge of operations products and processes.
• Strong customer service orientation and prioritization skills.

Pay

The salary range for this position is between $26/hr - $29/hr USD. Broadridge considers various factors when evaluating a candidate's final salary, including relevant experience, skills, and education.

Schedule

This is a hybrid role requiring 2 days a week in the office.

Bonus Eligibility

Bonus Eligible

Benefits

Please visit www.broadridgebenefits.com for more information on our comprehensive benefit offerings.