Job Description

Position Type : Full time

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired : Associate's Degree

Associate's Degree

Travel Percentage : Job Description

Job Description

Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology.

Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

What you will be doing :

Assists mutual fund trade settlement in problem resolution with mutual fund companies

Provides high quality and accurate administrative and routine reporting to management.

Reviews, assesses, and updates procedures to ensure that all current processes surrounding new account setup and broker of record assignment are properly documented.

Processes automated trades through the NSCC.

Ensures all manual trades are processed correctly.

Posts trades in a timely manner to ensure timely reconciliation by Reliance and its TPAs (third party associates).

Relays files to and from Reliance.

Reviews and clears all cash exceptions and share reconciliation items.

Prepares monthly and weekly reports for manager (i.e. volume reports; outstanding problems report.

Processes all DTCC confirm and affirm files based on established schedule.

all exceptions, identifying / escalating

Matches broker confirms to trade ticket on trust accounting system

Affirms trades by DTCC deadline to allow for automated settlement or, if past deadline, manually deliver shares on settlement date.

Ensures all manual trades and deliveries are processed correctly and timely.

To ensure straight through processing, proactively identifies exceptions that may cause issues with settlement and communicates exceptions to business lines.

Initiates wires for daily net settlement and makes appropriate entries to internal accounts.

Monitors large wires and ensures timely approval by management and supervisors.

Identifies and logs failed trades, communicates status to the business lines and escalates when necessary to prevent buy-ins.

Monitors all workflows and request queues (QForms, Sharepoint, Email) and responds within the defined service level standard.

On a daily basis, monitors all control accounts for exceptions.

Reviews and clears all cash exceptions and share reconciliation items.

Generates trade advices for mailing / emailing to clients

Participates with other team members in reviewing and assessing current practices and procedures.

Participate in monthly storage procedures for department.

Other related duties assigned as needed.

What you bring :

Associate’s or Bachelor’s degree or the equivalent combination of education, training, or work experience preferable.

Knowledge od DTCC and NSCC

Proficient in the use of basic office equipment and tools as well as applications specific to trust systems / processes

Requires strong problem-solving, time management, organizational and data entry skills

Requires attention to detail and the ability to multi-task and adjust schedules to meet deadlines

Ability to work in an organized manner

Ability to maintain confidentiality

Ability to communicate effectively verbally and in writing

Team skills, including the ability to establish and maintain effective working relationships with employees, clients and public

2-3 years' experience in a client facing tole

What we offer you :

A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities

A broad range of professional education and personal development possibilities FIS is your final career step!

The chance to work on some of the most challenging, relevant issues in financial services & technology

Time to support charities and give back in your community

A fantastic range of benefits designed to help support your lifestyle and wellbeing

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients.

For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics.

The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test.

ADA Disclaimer : In developing this job description care was taken to include all competencies needed to successfully perform in this position.

However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation.

All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies.

FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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Last updated : 2024-05-26