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Finance Internship/ Accounting Internship
1 month ago
Operation Ops SpecialistTP DTC Stlmt (JSY)
Contract: 6+ Month Contract
Location: Jersey City, NJ
Pay Rate: $26/hr on W2
Hybrid Schedule: 3 days in Jersey City office, 2 days of remote work.
Job Description
The Operations Specialist – DTC Settlements is directly responsible for specialized functions within Trade Processing, including the processing and settling of security trades settling at DTC. This would include activities such trade settlement, SPO processing, Client communication, and reconciliation. • Process all deliver and receive orders settling with other brokers/ banks – all equities, corporate fixed income, and commercial paper trades clearing through DTC (Depository Trust Company) for our custody accounts. Adhere to all daily deadlines. • Verify the trade information vs. broker presentation received from the client via the Sonic system. This includes account number, quantity, CUSIP, etc. • Manage daily volume. • Review and resolve discrepancies in order information received (for example DTC reclaims). • -Escalate high value problem trades to management • Communicate professionally and constructively via email, phone, etc. with internal and external clients and counterparties to effectively resolve issues in order to minimize risk and exposure. • Provide superior client service. • Communicate as part of a team. • Contribute to Management Reporting. This may include providing statistics on work volumes. • Gain efficiencies to improve individual productivity. • Gain an understanding of the big picture – how specific function impacts the firm. • Contribute to Division or Firm process improvement activities. Demonstrated PC skills. Ability to identify, escalate and resolve a problem. Ability to communicate professionally through effective verbal and written skills. Ability to manage time efficiently and effectively. Organizational skills and detail-oriented. Ability to work in a team environment. Ability to meet deadlines and work under pressure. Ability to multi-task.
Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.
BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.
BCforward is an equal-opportunity employer. All qualified applicants will receivCompany DescriptionAbout BCforward\r
Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.\r
BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.\r
BCforward is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.\r
To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.\r
This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.
