Portfolio Administrator II
Atlanta, GA
Hybrid
Contract
Up to $0.72/hr
Our client in the Financial Services industry is in need of a Trade Operations Specialist for a 12 month contract opportunity. Open to candidates in Atlanta, GA or Houston, TX.
Title: Trade Operations Specialist
Duration: 12 months
Environment: Hybrid role and will require someone to come onsite 3 days/week.
JOB SUMMARY:
Under general supervision the Portfolio Administrator II must possess a solid understanding of equity and debt instruments. This individual will develop a level of knowledge within the team enabling them to form partnerships with all key business areas and functions, in particular the trading teams. The incumbent will be responsible for ensuring that trade executions are confirmed and settled in order to meet custodian and market deadlines and accurately reflected into downstream systems. Within the role the incumbent will be expected to actively liaise with broker counterparties and investment teams. Involve themselves in the continual development of processes and implementation of new funds and products covered by the desk.
KEY RESPONSIBILITIES / DUTIES:
WORK EXPERIENCE/KNOWLEDGE:
FORMAL EDUCATION:
A Bachelor's Degree in Finance, Accounting, Economics, Math or related field is desirable.
LICENSE/REGISTRATION/CERTIFICATION: (minimum requirement to perform job duties)
None
SKILLS/COMPETENCIES/ATTRIBUTES:
Title: Trade Operations Specialist
Duration: 12 months
Environment: Hybrid role and will require someone to come onsite 3 days/week.
JOB SUMMARY:
Under general supervision the Portfolio Administrator II must possess a solid understanding of equity and debt instruments. This individual will develop a level of knowledge within the team enabling them to form partnerships with all key business areas and functions, in particular the trading teams. The incumbent will be responsible for ensuring that trade executions are confirmed and settled in order to meet custodian and market deadlines and accurately reflected into downstream systems. Within the role the incumbent will be expected to actively liaise with broker counterparties and investment teams. Involve themselves in the continual development of processes and implementation of new funds and products covered by the desk.
KEY RESPONSIBILITIES / DUTIES:
- Support the post execution trade confirmation and settlement processes associated with equity and debt instrument types.
- Investigate, analysis and resolution of any post confirmation and settlement trade issues.
- Liaise with internal and external Business partners on a daily basis.
- Monitor trade flows identifying any breaks in the execution/confirmation process, with timely investigation, analysis and resolution recommendations.
- Manually process trade executions that fall outside of the automated processes trade instructions.
- Respond to email / telephone enquiries; taking full ownership to ensure that all enquiries are actioned on day of receipt (resolution or acknowledgement).
- Daily investigation and resolution of reconciliation exceptions raised by Hyderabad reconciliations team.
- Actively seek Continuous Improvements opportunities which are measurable and effective.
- Maintains and updates procedures base upon agreement with Senior or Supervisor.
- Assist in any system testing as required.
- Assist other Operations and GPS teams.
- Serve as a mentor to tier I Analysts and support and cover to Senior Analyst
- First line checking and sign off of start and end of day task.
- Collation of team MIS, on a daily weekly, and monthly basis.
WORK EXPERIENCE/KNOWLEDGE:
- A minimum of 3 years' experience within the securities / investment industry within the trade support area is desirable
- A general understanding of the financial markets.
- Sound knowledge of equity and debt instruments.
- Ability to analyze data making sound judgments and proposed resolution steps in respect of any issues arising.
- Self-motivation to further enhance skills and financial and product knowledge.
FORMAL EDUCATION:
A Bachelor's Degree in Finance, Accounting, Economics, Math or related field is desirable.
LICENSE/REGISTRATION/CERTIFICATION: (minimum requirement to perform job duties)
None
SKILLS/COMPETENCIES/ATTRIBUTES:
- Ability to work as part of a team and independently.
- Good interpersonal skills necessary to maintain relationships and interact effectively with individuals at all levels across business functions.
- Ability to analyze and solve issues in a timely manner.
- Good awareness of technology applications and software, in order to support growing trading complexity and automation efficiencies.
- Strong organizational skills and detail orientation.
You will receive the following benefits:
- Medical Insurance - Four medical plans to choose from for you and your family
- Dental & Orthodontia Benefits
- Vision Benefits
- Health Savings Account (HSA)
- Health and Dependent Care Flexible Spending Accounts
- Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
- Hospital Indemnity Insurance
- 401(k) including match with pre and post-tax options
- Paid Sick Time Leave
- Legal and Identity Protection Plans
- Pre-tax Commuter Benefit
- 529 College Saver Plan
Motion Recruitment Partners (MRP) is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.