Custody Administrator

Overview

• Contribute to a prominent financial services firm in a dynamic contract role.
• Engage in custody operations, including trade settlements and asset servicing tasks.
• Collaborate in a hybrid work environment, balancing remote and on-site responsibilities.
• Supervise operational workflows, ensuring compliance and precision in processes.
• Participate in system updates, testing, and process improvement initiatives.
• Investigate and resolve client inquiries with professionalism and efficiency.
• Support audits and risk assessments to maintain operational integrity.
• Expand your expertise in securities industry operations and systems.

Key Responsibilities & Duties

• Process client instructions and manage trade settlements across various systems.
• Handle wire transfers, including Fed/CHIPS processing and SWIFT transactions.
• Perform asset servicing tasks, including income and corporate actions notifications.
• Supervise operational workflows, ensuring adherence to established procedures.
• Conduct User Acceptance Testing for custody systems and provide actionable feedback.
• Investigate and resolve client inquiries promptly and effectively.
• Support audit processes and contribute to risk assessment activities.
• Participate in procedure updates and assigned projects to improve operations.
• Provide backup support for custody staff as needed to ensure seamless operations.

Job Requirements

• Bachelor’s degree in Business, Accounting, or Finance is required.
• Minimum of 4 years of experience in trust banking or securities industry.
• Strong understanding of trade settlement, wire transfer, and asset servicing processes.
• Proven supervisory experience with excellent organizational skills.
• Proficiency in MS Excel and familiarity with custody systems.
• Ability to multitask and manage regular duties alongside project assignments.
• Flexibility to work overtime as required by business needs.
• Strong team player with a fast-learning and adaptable mindset.
• Knowledge of systems like Bloomberg, DTCC, and Fed Wire Transfer System preferred.