Senior Securities Analyst

1 week ago


Union, Kentucky, United States Fifth Third Full time

Job Summary:

Fifth Third Bank, a leading financial institution, is seeking a highly skilled and experienced Senior Securities Analyst to join our team in a dynamic and inclusive environment. As a Senior Securities Analyst, you will play a critical role in ensuring the smooth operation of our securities processing functions.

Key Responsibilities:

  • Handles complex securities processing tasks, including independently processing transactions of high dollar amounts, and reviews and resolves discrepancies in a timely manner.
  • Reviews daily all appropriate house or DDA accounts and asset position reconciliations, actively researches and resolves any items to prevent aged items in all accounts.
  • Assists with or manages special projects, including testing of new processes and development of new procedures for the team.
  • Acts as back-up for the manager and ensures that production standards are met and maintained.
  • Maintains optimum efficiency and cost effectiveness, including suggesting new techniques to improve productivity.
  • Ensures timely completion of paperwork and reports.
  • Performs quality checks of departmental work.
  • Maintains frequent interaction with depositories and counter parties to respond effectively to problems with trade settlements to avoid fails.
  • Researches and resolves questions and inquiries presented by internal and external parties and communicates resolution in a timely manner.
  • Troubleshoots complex operational and customer service issues and problems within assigned areas, referring only the more complex problems to manager.
  • Contacts counter party, including internal and external parties, to follow-up on outstanding settlement issues, report and research fail activity, and communicate settlement issues with Administration, vendors, depositories, and other interested parties in accordance with established customer service guidelines.
  • Provides support and training to department staff.
  • Prioritizes and assigns work to nonexempt departmental staff.

Requirements:

  • Bachelor's degree or equivalent work experience.
  • Minimum 3-5 years of operations experience in the securities industry required.
  • Trust/Securities processing/banking and/or back office operations processes experience required.
  • Knowledge of cash/securities clearance processing preferred.
  • Excellent written and verbal communication skills, including the ability to effectively communicate on behalf of the Bank to both internal and external clients.
  • Demonstrated professional customer service skills with a strong focus on delivering exceptional customer service.
  • Strong mathematical and organizational skills.
  • Display excellent intuitive judgment, systematic approach to problem solving, and effective problem resolution skills.
  • Ability to work in a stressful environment and meet deadlines.
  • Strong interpersonal and relationship building skills.
  • Comfortable interfacing with all levels of management and clients, both internal and external.
  • Ability to multi-task with high attention to detail, including managing multiple issues/projects with varying priorities and deadlines.
  • Strong problem solving skills with the ability to recognize potential problems and formulate solutions in a timely manner.
  • Proficient with Microsoft Office products, including Word, Excel, etc., as well as a demonstrated aptitude for learning other business-specific software programs.


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