DTC Back Office Specialist
$40 - Per Day w2
Jersey City, NJ
A Contract position at One of the largest international banking networks with strong positions in Asia and a significant presence in the United States..
Pay Options: w2.
Contact Shantanu Gaur. call (732)564-6362 / (732)451-7971 ext.120 or email firstname.lastname@example.org with the Job Code SG34113 or Click the Apply Now button ().
Location: Jersey City, NJ.
Skills required for the position: BACK OFFICE, DTC, SETTLEMENT, trade processing.
Optional (not required):FIXED INCOME
Detailed Info: to perform all daily settlement tasks. This includes, but is not limited to settlement of Fixed Income transactions settling through DTC and Euroclear, mark to markets, contract compare, corporate action processing, end of day balancing and reconciliations. Ensure timely settlement of DTC transactions. Ensure timely settlement of Paris DTC transactions. Ensure timely settlement of Euroclear transactions. Ensure proper reconciliation of cash and securities. Ensure fail control. Perform trade research and investigation. Daily monitoring of APEX and ICI trade monitors. Perform daily box reconciliations. Monitor and process Corporate Actions. Daily monitoring and resolution of Loanet contract compare breaks. Process Loanet same day trade closeouts. Monitor / process conversion trades. Monitor / resolve breaks, dks, and nostro rec items. Settlement / resolution of DTC coupon & redemption items. Pledge / release securities via Falcon for tri-party. NSCC Obligation Warehouse monitoring / processing. Liaise with Front Office, trade support, and clients on trade dks. Perform daily trade repricings. Reconcile APEX to ICI systems
Development/Computing Environment: Candidates should have at least 5 years experience in a broker/dealer environment and have had close contact with Front Office and Operations teams. 4 year college degree preferred. Necessary characteristics include: attention to detail, accuracy, reliability, initiative, and good communication skills. Candidates must be able to work well with multiple teams, including Front Office & Operations.
Preferred Qualifications: General knowledge of Back Office Operations, specifically Fixed Income Securities. Knowledge of repo/reverse trade processing, including calculation of interest. Strong written and verbal communication skills. Comprehensive research skills. Assertive follow up to outstanding payments and discrepancies. High Level of Excel skills
The position offers competitive rate.
Job Id: 34113