Settlement Operations Specialist
14 hours ago
Seeking a skilled Settlement Operations Specialist to support our financial operations team in processing and settling multiple American Depositary Receipts (ADR) and Ordinary Shares (ORD) conversions. The ideal candidate has 2+ years of experience supporting settlement functions in a brokerage setting.
Responsibilities- Carry out settlement tasks to process and settle ADR and ORD conversions across different markets and platforms.
- Mitigate firm and client risk/exposure by ensuring proper conversion bookings, maintaining clear client communication, and prioritizing high-value conversions.
- Daily interactions with clients, international settlement teams, trading desks, branch offices, and other internal operations areas are required.
- Responsible for learning and adhering to market rules and quickly grasping settlement responsibilities.
- Multitask in a high-volume, fast-paced environment while meeting settlement needs.
- 2+ years of related brokerage operations experience (in stock market supporting investments).
- Understanding of risk and control issues.
- Ability to create, modify, and use macros in Microsoft Excel.
- Bachelor's or associate degree.
- Experience with the stock market and supporting investments.
- Ability to escalate appropriately and problem-solving skills.
- Solid oral and written communication skills.
- Ability to multitask in a high-volume, fast-paced environment.
- Competitive hourly rate: $20-$21 per hour.
- Location: Onsite initially with potential to transition to hybrid work arrangement.
- Benefit offerings include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits, and 401K plan.
- Equal Opportunity Employer/Veterans/Disabled.
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