Custody Operations Specialist - Freelance Project

Meridial; Philippines; On-site; PHP 334,800 - 502,200; Part time

Job summary

Meridial is seeking a Custody Operations Specialist based in the Philippines. The role is crucial for supporting onboarding processes on our client’s platform by collaborating with internal stakeholders to ensure a seamless experience.

The ideal candidate is optimistic and results-driven, with a solid understanding of mutual funds and a strong aptitude for numbers. Experience with CRM tools is essential for success in this role.

Qualifications

• Good understanding of how mutual funds and ETFs trade and settle.
• Strong aptitude for numbers and reconciliations.
• Ability to prioritize tasks and manage client expectations.

Responsibilities

• Review and record cash and asset transfers.
• Coordinate new plans onto the client’s platform.
• Update and maintain client data within CRM systems.

Skills

Collaboration with stakeholders

Understanding of mutual funds

Analytical problem-solving

Proficiency with CRM tools

Organizational skills

Tools

Google Workspace

Salesforce

Jira

Job description

Custody Operations Specialist - Freelance Project

Philippines

Who are we looking for?

We are looking for a Custody Operations Specialist! This role plays an integral part in supporting various processes that facilitate conversion plans that onboard to our client’s platform. In this role, you will collaborate cross-functionally with internal stakeholders to enhance the onboarding experience, and provide exceptional service to plan sponsors.

What will you be doing?

• Review and record cash and in-kind asset transfers in the trust accounting system
• Work with sub-custodians to settle trades from the point of booking, through settlement for mutual funds, stable value funds, and ETFs
• Perform reconciliations of invested assets and cash activity between the trust accounting system and sub-custodian by specified deadlines
• Coordinate with Implementation Managers and Investment teams, to successfully transition new and conversion qualified plans onto the client’s platform
• Coordinate with receiving record keepers, to liquidate and transfer plan assets from the client’s platform
• Update, maintain, and review client data within CRM systems
• Ensure collaboration with all internal teams to meet expected timelines
• Support the creation and maintenance of written operating procedures related to assigned functions

Requirements

The Necessities

• You’re optimistic, flexible, creative, team-oriented, results-driven, and have the ability to effectively collaborate with both internal and external stakeholders
• Possess a good understanding of how mutual funds, stable value funds, and ETFs trade and settle
• Possess a strong aptitude for numbers, and understanding of cash and traditional securities reconciliations
• Demonstrate an affinity for learning, creating, and iterating rapidly
• Proactive and analytical, able to problem-solve and propose solutions
• Demonstrate a high degree of organization and dependability
• Ability to prioritize tasks and manage client expectations

The Extras

• Experience with collaboration, project management, and CRM tools such as Google Workspace, Slack, Salesforce, Zendesk, and Jira
• General knowledge of ERISA rules and requirements, and experience with one or more compliance / record-keeping systems (e.g. SunGard Relius, ASC, FIS)

US Eastern Time (7:30am - 4:30pm)