Securities Analyst I

General Function

This role will be required to cover a broad area of responsibilities within Securities Services in one of the following areas: settlements, mutual fund settlements, outside trade support or corporate actions. Expected to perform activities inclusive of trade support, clearance/settlement/investigations, and confirmations with direct supervision. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.

Essential Duties & Responsibilities

• Handles securities processing tasks including independently processing transactions of extremely high dollar amounts.
• Verifies trade settlement information at depository and in proprietary system.
• May be required to execute new trades/instructions in various markets.
• Processes cash movement in an accurate and timely fashion in accordance with prescribed deadlines and department procedures.
• Demonstrates accuracy and timeliness in work and evidenced through audits by senior securities analyst and/or department manager.
• Researches and resolves questions and inquiries presented by internal and external parties and communicates resolution in a timely manner.
• Frequently serves as the first line contact for issues received from administrators, custody reps and investment staff.
• Contacts counter party, including internal and external parties to follow-up on outstanding settlement issues, report and research fail activity and communicates settlement issues with administration, vendors, depositories and other interested parties in accordance to established customer service guidelines.
• Promotes teamwork and participate in the cross training of team members.

Minimum Knowledge, Skills And Abilities Required

• Bachelor’s degree or equivalent work experience.
• Minimum 1 year of operations experience in securities clearance industry preferred.
• Basic understanding of investments.
• Possess excellent written and verbal communication skills including the ability to effectively communicate on behalf of the Bank to both internal and external clients.
• Demonstrated professional customer service skills with a strong focus on delivering exceptional customer service.
• Strong mathematical and organizational skills.
• Display excellent intuitive judgment, systematic approach to problem solving and effective problem resolution skills.
• Able to work in stressful environment and meet deadlines.
• Strong interpersonal/relationship skills.
• Strong problem solving skills and the ability to recognize potential problems and formulate solutions in a timely manner.
• Proficient with Microsoft Office products, including Word, Excel, etc. as well as a demonstrated aptitude for learning other business-specific software programs.