Investments Middle Office Lead: Trade & Settlement

U.S. Bank; Hackensack (NJ); On-site; USD 118,000 - 139,000; Full time

Benefits offered by this job

Healthcare

401(k) plan

Paid vacation

Parental leave

Disability insurance

Life insurance

Job summary

U.S. Bank seeks a senior operations professional to supervise a team providing accounting, administration and investor servicing to investment companies and advisers. Responsibilities include overseeing trade capture, reconciliations, and complex calculations while mitigating risk and supporting client needs.

The role requires strong knowledge of securities settlements, derivatives life cycle, and experience with prime broker portals. On-site location with ongoing collaboration across teams.

Qualifications

• Bachelor's degree in accounting, finance or related field, or equivalent experience.
• Seven to nine years of experience in alternative investments, financial services middle office or operations.

Responsibilities

• Trade capture into middle office platform and confirmation with brokers; ensure accurate settlements.
• Reconciliation of trades, investment positions and cash with external parties.
• Resolve trade breaks and monitor client margin calls.
• Facilitate payments related to client settlements and margin.
• Monitor corporate actions and entitlement processing.

Skills

Trade capture

Reconciliation

Securities settlements

Derivatives lifecycle

Prime broker portals

Problem solving

Multi-tasking

Communication

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Office

Job description

U.S. Bank seeks a senior operations professional to supervise a team providing accounting, administration and investor servicing to investment companies and advisers. Responsibilities include overseeing trade capture, reconciliations, and complex calculations while mitigating risk and supporting client needs.

The role requires strong knowledge of securities settlements, derivatives life cycle, and experience with prime broker portals. On-site location with ongoing collaboration across teams.