What are the responsibilities and job description for the Entry Level Trade Settlement Operations Analyst position at Lenmar Consulting Inc?
Entry Level Trade Settlement Operations Analyst
Pay Rate: $20/hr w2 no benefits
Bachelor's Degree Required
The successful candidate may have some experience and interest in the financial services or investment banking industry. Role is for a temporary employee supporting the Security Settlements department within the Shared Services and Bank Operations organization within our Baltimore office. The individual filling this role will be a part of a production team of 30 FTEs, who overall support Fixed Income and Equity products settling in American, Latin American and Canadian markets and the associated critical functions. The primary responsibility of Security Settlements is to execute on the settlement of Fixed Income and Equity Securities, manage firm deficits and overall inventory, minimize buy-in and regulatory risk, execute client asset transfers, and manage segregation of client assets for Fixed Income, Institutional Equity, Bank Resource Management and Prime Brokerage divisions.
The successful candidate will be responsible for assisting the department with numerous functions as described, and also including: standard settlement, break and fail resolution, stakeholder communication, firm training, escalating risk, procedure updates and contributing to ongoing projects including new Settlements Platforms, Predictive Analytics, Risk Matrix, AGILE work methods and our LEAN agenda.
Requirements/Qualifications
Pay Rate: $20/hr w2 no benefits
- Onsite
Bachelor's Degree Required
The successful candidate may have some experience and interest in the financial services or investment banking industry. Role is for a temporary employee supporting the Security Settlements department within the Shared Services and Bank Operations organization within our Baltimore office. The individual filling this role will be a part of a production team of 30 FTEs, who overall support Fixed Income and Equity products settling in American, Latin American and Canadian markets and the associated critical functions. The primary responsibility of Security Settlements is to execute on the settlement of Fixed Income and Equity Securities, manage firm deficits and overall inventory, minimize buy-in and regulatory risk, execute client asset transfers, and manage segregation of client assets for Fixed Income, Institutional Equity, Bank Resource Management and Prime Brokerage divisions.
The successful candidate will be responsible for assisting the department with numerous functions as described, and also including: standard settlement, break and fail resolution, stakeholder communication, firm training, escalating risk, procedure updates and contributing to ongoing projects including new Settlements Platforms, Predictive Analytics, Risk Matrix, AGILE work methods and our LEAN agenda.
Requirements/Qualifications
- Ability to provide accurate and timely responses to inquiries
- Ability to work in a structured, high volume and time sensitive environment
- Good analytical and problem-solving skills
- Attention to details and with strong risk awareness
- Strong verbal and written business communication skills
- Basic accounting skills.
- Proficiency in Microsoft Office (Excel, Word, and PowerPoint)
- Knowledge of Equity and/or Fixed Income products and settlement market rules is a plus, but not required
Salary : $20