Financial Advisor, Series 7, 65 or 66
San Blas Securities
Salary
💰 $30 - $40 per hour
Job Level
Junior
About the role
- Monitor, analyze and process transactions to insure accurate and timely settlement and reconcile clients’ accounts vs the settling bank
- Triparty Allocations/Funding
- Establish shells at BNYM
- Collateralize allocation positions to tri-party as instructed
- Process GSCC and BNY settlements including processing Fed Wires, draw-downs, repayments and end-of-day funding
- Work on the client’s internal systems to monitor trades, pre-settlement, and settlement date activities
- Perform general reconciliation activities
- Escalate client issues and complaints on operational matters to higher-level management when necessary
- Research, resolve and report all discrepancies and keep client apprised of transactional status
- Follow procedures maintaining firm's stated internal controls and regulatory compliance
- Collaborate with internal and external parties to streamline processes or identify process exposure
Requirements
- 1+ years of Fed Settlements experience
- Bachelor's degree/equivalent experience
- A driven individual who is looking for self and process improvement
- A willing learner who is open to new ideas and concepts
- Ability to meet and deliver positive work on strict deadlines
- Ability to strengthen bonds and communicate effectively and clearly with both colleagues and clients
- Self-motivated individual who wants to push themselves towards excellence
- A responsible and reliable person personally and professionally
- ICI, BDC, RTTM, BPS and iMatch experience (benefit)
