Securities Analyst

Responsibilities

• The Securities unit is a part of the Treasury Operations group within BCDAD and is responsible for the confirmation, settlement, clearance and reconciliation of securities transactions executed by the bank’s domestic and global offices.
• Products include certificates of deposit, commercial paper, treasury bills, treasury bonds, tri-party repos and mortgage backed securities and other bank booked bonds, stocks and funds.
• The Analyst is responsible for verifying and checking the work of the processing specialists.
• This individual is an emerging subject matter expert whose role is primarily transactional.
• Executes duties of varying degrees of complexity under the supervision of senior staff.
• Is the primary verifier of securities transactions and acts as 2nd level point of escalation for internal and external inquiries.
• Reports to the Department Head.
• Number of direct reports: none.
• Number of indirect reports: none.
• Confirms that trade information and settlement instructions for certificates of deposit, commercial paper, tri-parties, Tokyo trades and other securities is accurate.
• Prepares and inputs settlement instructions for timely and efficient processing.
• Reconciles outstanding items; ensures trades are settled.
• Generates quarterly position and audit reports for management review.
• Generates monthly reports in compliance with JSOX requirements.
• Researches and resolves ad hoc issues and questions.

Qualifications And Skills

• 2 to 5 years experience working in a securities processing role for a bank or financial institution.
• BA / BS (or equivalent experience) in Accounting, Finance or related discipline is preferred.
• OBS, Montran, SAA, Fedwire, BONY-BDC, AccessEdge, JPMRepo Edge, Citidirect for Securities, DTCC RTTM and CFM, MS Office (MS Word, MS Excel, MS PowerPoint), SharePoint
• Able to work well autonomously and be a complete self-starter.
• Functional knowledge of confirmation and settlement process.
• Functional knowledge of payments structure through various settlement methods.
• Operational knowledge of the applications that support back office operations (i.e., BONY-BDC, Accessedge OBS, MONTRAN, etc..).
• Ability to set priorities, manage time effectively, meet deadlines and complete work accurately.
• Excellent verbal, written and interpersonal communication skills.
• High level customer service mindset with a commitment to supporting both internal and external stakeholders.
• Demonstrated focus on ownership, follow-up and relationship management.
• Strong analytical, critical thinking and problem resolution skills.

Additional Requirements

• SMBC’s employees participate in a Hybrid workforce