Operations Specialist
2 weeks ago
Operations Analyst - Wealth Management
Our client, a leading Wealth Management company, is seeking an experienced Operations Analyst to join their team in the Birmingham, MI area. As an Operations Analyst, you will play a critical role in ensuring the smooth daily operations of the company, accurate trade processing, and timely settlement of transactions.
The ideal candidate will have a strong background in back-office operations, with expertise in trade reconciliation, clearing, settlement, margin, and wire transfers. You will be responsible for reconciling trades, managing balancing and clearing processes, handling margin requirements, and processing wire transfers. Additionally, you will collaborate with front-office, compliance, and finance teams to ensure seamless operations.
Key Responsibilities:
- Reconcile trades and ensure accuracy across internal records and external systems.
- Manage balancing, clearing, and settlement processes for various financial instruments.
- Handle margin requirements and monitor margin calls as needed.
- Process and monitor wire transfers, ensuring compliance with regulatory requirements and firm policies.
- Identify and resolve discrepancies related to trade processing and settlements.
- Collaborate with cross-functional teams to ensure seamless operations.
Requirements:
- 2+ years of back-office experience.
- Proven expertise in trade reconciliation, clearing, settlement, margin, and wire transfers.
- Strong attention to detail and accuracy in managing financial transactions.
- Familiarity with wealth management operations and compliance standards.
- This is an onsite position at the client's Birmingham, MI area office.
- Please note that the employer will not sponsor applicants for work visas.
No recruiter represented or third-party candidate submissions will be accepted. Any unsolicited resumes/candidate profiles submitted will not be considered and are not subject to payment of agency fees.
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