Securities Analyst II

About the role

This role will 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. Accountable for always doing the right thing for customers and colleagues, ensuring actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Responsibilities

• Handles securities processing tasks of a more difficult nature and/or higher risk, including independently processing transactions of extremely high dollar amounts.
• Verifies trade settlement information at depository and in proprietary system.
• May execute new trades/instructions in various markets.
• Processes cash movement accurately and timely in accordance with prescribed deadlines and department procedures.
• Serves as a subject matter expert and departmental resource for ongoing questions and problem-solving for team members and others outside the department.
• Demonstrates accuracy and timeliness in work as evidenced through audits by senior securities analyst and/or department manager.
• Researches and resolves questions and inquiries from internal and external parties, communicating resolution in a timely manner. Often serves as the first line of contact for issues from administrators, custody reps, and investment staff.
• Contacts counter parties, including internal and external parties, to follow up on outstanding settlement issues, report and research fail activity, and communicate settlement issues with administration, vendors, depositories, and other interested parties according to established customer service guidelines.
• Promotes teamwork and participates in the cross-training of team members.
• Reconciles cash and security positions with internal and external counter parties on a daily basis.
• Verifies accuracy of incoming documents and processing work using internal quality assurance processes.
• Performs any other duties as assigned.

Requirements

• Bachelor’s degree or equivalent work experience.
• 2-3 years of operations experience in the securities clearance industry.
• Intermediate knowledge of investments.

Skills

• 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.
• Excellent intuitive judgment, systematic approach to problem-solving, and effective problem-resolution skills.
• Ability to work in a stressful environment and meet deadlines.
• Strong interpersonal and relationship skills.
• Strong problem-solving skills and ability to recognize potential problems and formulate solutions in a timely manner.
• Proficient with Microsoft Office products (Word, Excel, etc.) and demonstrated aptitude for learning other business-specific software programs.

Benefits

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities, and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

• Base salary reflective of the range of salary levels for all roles within this pay grade across the U.S., with individual salaries varying based on factors such as role, relevant skillset, experience, education, and geographic location.
• Eligibility to participate in an incentive compensation plan, with payments based on company, line of business, and/or individual performance.
• Extensive benefits programs designed to support physical, financial, emotional, and social well-being for employees and their families. Learn more about our benefits.

Location

Cincinnati, Ohio 45227