Domestic Custody Settlements Operations

We are seeking an experienced professional with expertise in comprehensive securities processing functions within Global Custody. This role requires familiarity with U.S. and international corporate actions, income processing, settlements, reconciliation, and market data management. Proficiency in SWIFT is essential.

Key Responsibilities

• Manage and oversee the complete corporate action lifecycle, handling mandatory, voluntary, and elective events across various markets.
• Review, verify, and refine corporate action information from vendors and local market sub-custodians, ensuring precise notifications are sent to clients.
• Handle the processing of both domestic and international income events, including cash dividends, capital gains, return of capital, and principal and interest payments.
• Provide notification services for all types of income events by refining data from central depositories, third-party vendors, and sub-custodians.
• Execute settlements for domestic and international purchases, sales, and free transactions performed by Global Custody clients.
• Process global cash transactions initiated by clients and the Foreign Exchange Department.
• Conduct research on transaction failures and unmatched trades to ensure accurate reporting.
• Possess experience in maintaining and repairing SWIFT trade and cash transactions.
• Perform and verify the reconciliation of both global and domestic securities and cash.
• Investigate and resolve discrepancies in cash and securities reconciliations from Global and Domestic Custody Departments.
• Maintain the bank's security master databases, including pricing, security identifiers, and processing classifications.
• Set up and maintain customer accounts, portfolios, locations/registrations, brokers, and FX rates for systems supporting Global Custody and Securities Lending.

Requirements

• Preferred Bachelor's degree in business or economics.
• 1+ year(s) of experience in global custody services operations is preferred.
• Basic understanding of finance and mathematics.
• Proficiency in Microsoft Office Suite, including Outlook, Word, Excel, and PowerPoint.
• Strong oral and written communication skills.