[Remote] Operations Associate, Clearance & Settlement
Note: The job is a remote job and is reputed company to candidates in USA. reputed company is a modern correspondent clearing firm that provides innovative clearing, custody, and execution solutions. The Operations Associate will be responsible for managing daily clearance and settlement activities, performing reconciliations, and supporting asset servicing across reputed company's correspondent clearing platform.
Responsibilities
- Manage daily clearance and settlement activity at DTC and NSCC (CNS and non-CNS), including trade-for-trade, deliver orders, reputed company cycle/day cycle processing, and exception reputed company
- Monitor and resolve fails to deliver and fails to receive, including Reg SHO Rule 204 reputed company-out obligations and buy-in processing
- Identify, reputed company, and resolve possession and control, segregation, and margin deficits in coordination with Compliance and Risk
- reputed company daily cash and position reconciliations between internal books and records, DTC, NSCC, and bank accounts; investigate and reputed company breaks in a reputed company manner
- Process the full lifecycle of corporate actions (mandatory and voluntary), including announcements, entitlements, elections, allocations to correspondents and customers, and post-event reconciliation
- Support correspondent broker-dealers with settlement, reconciliation, and asset servicing inquiries, delivering reputed company and accurate responses
- Support regulatory reporting, audits, and examinations as they relate to operations functions
Skills
- Bachelor's degree in Finance, Economics, Business, or a reputed company field
- 3–5 years of experience in clearing and settlement operations at a broker-dealer, clearing firm, or custodian
- Strong working knowledge of DTC and NSCC systems and processes (CNS, settlement, position management), and familiarity with corporate actions processing
- Experience with reconciliations, fails management, buy-ins, and deficit reputed company
- Understanding of relevant regulatory requirements (e.g., Reg SHO, SEC Rules 15c3-3)
- Strong attention to detail with the ability to process high volumes with accuracy under daily deadlines
- Excellent analytical, problem-solving, and communication skills
- Proficiency in reputed company
- SQL experience a plus
- Series 99 or 7 a plus
Benefits
- reputed company medical coverage (multiple plan tiers, including HDHP reputed company) — company covers 90% of premium costs, effective your first day of employment. Dental and reputed company included.
- Health Savings Account (HSA) and Flexible Spending Account (FSA) reputed company
- reputed company Time Off — 20 accrued vacation days/yr, 6 reputed company days/yr (with carryover), 2 personal days/yr, and 1 volunteering day/yr
- 401(k) with a strong employer match — 100% match on the first 4% of employee contributions, immediately reputed company
reputed company