Securities Services Analyst in Institutional Banking processing ETF creation and redemption tasks. Collaborating with financial services teams for accurate settlement operations.
Responsibilities
Process and settle ETF creation and redemption baskets, including both in-kind and cash components
Coordinate with authorized participants, clearing firms, and internal teams to ensure accurate and timely ETF basket settlement
Manage daily collateral movements related to ETF activity
Perform daily reconciliation of securities positions, cash balances, collateral accounts, and ETF basket activity to ensure accuracy across systems and counterparties
Investigate and resolve settlement breaks, fails, and discrepancies in a timely manner
Requirements
Possess a college degree
At least two years of financial services or custody operations experience
Experience with securities settlement, ETF processing, collateral management, or reconciliation functions
Strong analytical skills and comfortable working within a market deadline environment
Strong communication skills and ability to partner effectively with internal and external stakeholders
OR any combination of education and experience that provides an equivalent background.
Benefits
Paid Time Off
401(k) matching program
Annual incentive pay
Paid holidays
Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
Health savings, flexible spending, and dependent care accounts
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