Institutional Brokerage Operations Associate I

Fifth Third Bank; Cincinnati (OH); On-site; USD 55,000 - 85,000; Full time

Job summary

Fifth Third Bank in Cincinnati, OH is seeking an Institutional Support Representative I to assist Capital Markets teams with onboarding, settlement, and trade processing in a fast-paced environment. Under supervision, you will handle client account maintenance, regulatory checks, and reporting while coordinating with Middle Office, Compliance, IT, and trading desks to ensure accurate, timely service for sophisticated clients.

Location: Cincinnati, Ohio.

Qualifications

• Undergraduate degree or equivalent experience required.
• SIE, Series 7 and 63/66 preferred.
• 2+ years of experience in a financial operations role preferred.
• Knowledge of fixed income, equity, and mutual fund trading.

Responsibilities

• Serves as front line support between management and other lines of business, including but not limited to Middle Office, Compliance, IT, Trading, Accounting; Fifth Third Securities’ Broker Dealer, National Financial Services/Pershing, and other third-party vendors.
• Processes, reviews, and monitors high dollar asset and money movements entered by, or on behalf of, the line of business to ensure accurate and timely completion.
• Manages the collateral process for institutional brokerage ensuring paperwork is properly coded on file and obtaining/archiving proper release approval.
• Accurately codes new brokerage account client relationship profiles for books and recordkeeping purposes and opens new accounts as needed.
• Performs client CIP checks pertaining to Beneficial Ownership rules as needed and inputs documentation into systems.
• Handles account maintenance and intermediary communications with clearing providers.
• Produces daily reports and monitors account activities for potential concerns related to trade settlement and risk exposure.

Skills

SIE

Series 7/63/66

Brokerage ops

Fixed income trading

Education

Undergraduate degree

Tools

Excel

Trading systems

Job description

Fifth Third Bank in Cincinnati, OH is seeking an Institutional Support Representative I to assist Capital Markets teams with onboarding, settlement, and trade processing in a fast-paced environment. Under supervision, you will handle client account maintenance, regulatory checks, and reporting while coordinating with Middle Office, Compliance, IT, and trading desks to ensure accurate, timely service for sophisticated clients.

Location: Cincinnati, Ohio.