Securities Ops Specialist

Duties & Responsibilities

• Provide superior customer service to internal clients (bankers / register representatives)  

• Support team members and the Securities Operations Specialist and Supervisor in providing customer service to internal clients (bankers / register representatives).  

• Direct liaison with Clearing Agent (Pershing LLC)

• Performs investigations of pre-settlement discrepancies to ensure timely settlement of RVP / DVP trades on RTTM.

• Effectively communicate with contra parties and trading desk.

• Creation of security, maintain control and booking of Structured notes.

• Creation of security, maintain control and booking of Yankee CDs.

• Review, prevent or resolve unsettled fail trades.  

• Process securities transfers (depo to depo and ACAT)

• Report or send notices on Margin calls, options in the money or exercised and CA events.

• Submit CA elections on NETEX360.

• Maintain cost basis.

• Monitor and address Margin Calls.

• Maintain regulatory reporting (DTCC).

• Investigate discrepancies related to securities reconciliations including resolution.

• Develop and implement improvements and solutions to tasks and processes with a focus on performance, collaboration, and efficiency.

• Create and maintain manuals of procedures.   

 . Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as Itau’s related policies and procedures.

Qualifications

• Associate or bachelor’s Degree preferred (Finance or Accounting).

• Strong analytical skills.

• Commitment to deliver a positive experience to our clients.

• 1 -3 years of Banking / Broker Dealer experience.

• Microsoft Office; Strong knowledge of Excel. VBA would be a plus.

• Knowledge of securities characteristics, trade execution, settlements & reconciliations. 

• Fluency in English. 

• Portuguese and/or Spanish is desirable. 

• Series 99 or series 7

• Preferably exposure / knowledge of Netex360.