Custody Asset Servicing Temp

Overview

• Provide custody asset servicing support in a hybrid work environment, ensuring accurate securities processing and reconciliation.
• Collaborate with various departments to resolve discrepancies and manage high transaction volumes effectively.
• Utilize knowledge of securities operations to process asset movements and ensure compliance with industry standards.
• Engage with internal and external trading applications to facilitate seamless financial transactions.
• Support team members in researching and resolving securities breaks and discrepancies.
• Apply analytical and problem-solving skills to identify risks and escalate issues as needed.
• Contribute to the team environment by leveraging organizational skills and multitasking capabilities.
• Maintain familiarity with corporate actions, income processing, settlements, and reconciliations.

Key Responsibilities & Duties

• Process securities movements, including DTC, FRB, ACATS, and non-ACATS transactions.
• Handle updates to non-marketable asset values and physical securities documentation.
• Perform DRS/DWAC processing and third-party mutual fund transactions via NSCC.
• Coordinate with transfer agents for asset movements and position reconciliation.
• Manage income payment processing and ensure accuracy in financial operations.
• Research and resolve discrepancies in securities transactions and escalate risks as necessary.
• Utilize multi-currency trust accounting systems and custodial bank systems for transaction management.
• Collaborate with team members and other departments to streamline operations.

Job Requirements

• Bachelor of Arts (BA) degree in a relevant field is required.
• Minimum of 2 years of experience in financial services; 10 years preferred.
• Proficiency in Microsoft Suite (Excel, Access, Word, Outlook) and financial systems.
• Knowledge of securities operations, corporate actions, settlements, and reconciliations.
• Ability to work in a fast-paced environment and manage high transaction volumes.
• Strong organizational, analytical, and problem-solving skills.
• Familiarity with Global Plus (FIS) and custodial bank systems is a plus.
• Excellent written and verbal communication skills.