Trade Operations Specialist

Trade Operations Specialist - Boston, MA

We are seeking candidates for a Trade Operations Specialist position with a leading financial services firm based in Boston, MA. This role will be responsible for ensuring that all trade entries into the accounting system are processed accurately and in a timely manner, while also supporting day-to-day securities processing and operational activities across the firm’s business lines.

The ideal candidate will have at least 1 year of operations experience within the financial services industry, along with strong attention to detail and the ability to manage processes in a fast-paced environment.

This is a 6+ month contract-to-hire position offering $25-28/hour within a 40-hour workweek. This position requires 3 on-site days per week in their Boston office, with 2 remote days per week. 

Responsibilities:

• Executing operational controls, supporting team members, accounting for trade activity, resolving trade-related issues, ensuring accurate and timely cash management, and coordinating with both internal and external clients, including support for 529 plan administration.

• Ensures all trades are straight-through processed and those requiring manual intervention are properly accounted for in the accounting system.

• Reconciles trades entered into order management systems to trades received by the trade processing system.

• Reviews trade issues reports to ensure trade price deviations are researched and resolved with appropriate parties.

• Manages trading of daily cash flows with investment companies, including trade confirmation oversight.

• Coordinates raising cash activities for fund portfolios for expense payments, such as management fees.

• Coordinates reallocation events, ensuring portfolios meet specified target allocations.

• Utilizes various resources to provide cash projections to clients and customers.

• Ensures systemic feeds and manual adjustments are accounted for accurately to ensure timely cash projections reporting. 

Qualifications:

• Bachelor’s degree in Finance, Accounting, Business, or a related field required.

• 1+ years of experience in investment operations, securities processing, fund accounting, or trade operations preferred.

• Strong attention to detail and ability to ensure accuracy in high-volume transaction environments.

• Ability to investigate and resolve trade discrepancies and operational issues.

• Strong organizational and problem-solving skills.

• Excellent communication skills and ability to collaborate across teams.

• Proficiency with financial systems, order management systems, and Microsoft Excel.

If you are interested in learning more about this opportunity, please email your resume to Lydia at Lsinger@daleyaa.com.

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