Entry Level Operation Specialist TP DTC Stlmt

Are you a recent finance graduate looking to join one of the top companies in the Investment Banking industry?

Are you looking to start your professional career and grow at an Entry-Level opportunity?

Do you have experience in trade processing, securities operations or financial settlements?

If you answered yes to those three questions, then apply today!

Acara Solutions is seeking highly qualified candidates to work hybrid with our client in Jersey City, NJ. Interested?

Here's what you'd do:

• 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.

Here's what you'll get:

Pay: $ 26.00/hr.

Hours: 40 hours/week

Length: Contract (6 month)

Sounds like a good fit?

APPLY TODAY

About Acara Solutions

Acara is a premier recruiting and workforce solutions provider-we help companies compete for talent. With a legacy of experience in various industries worldwide, we partner with clients, listen to their needs, and customize visionary talent solutions that drive desired business outcomes. We leverage decades of experience to deliver contingent staffing, direct placement, executive search, and workforce services worldwide.

Required skills:

• Bachelor's Degree in Finance or Accounting
• Minimum 6 months of experience in trade processing, securities operations or financial settlements.

Preferred skills:

• 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.

Additional Information

• Upon offer of employment, the individual will be subject to a background check and a drug screen.
• In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the necessary employment eligibility verification form upon hire.