Operations Specialist

WhiteCap Search; New York (NY); Hybrid; USD 90,000 - 140,000; Full time

Benefits offered by this job

Medical & dental

401k matching

Life & disability insurance

Hybrid work policy

Job summary

Whitecap Search is seeking a meticulous operations professional to join our dynamic team in New York. The role focuses on middle office and post-trade activities, including trade support, reconciliation, and custody services, with opportunities to influence improvements and risk controls.

You will work across teams, drive efficiency initiatives, and partner with technology to automate manual processes while maintaining strong stakeholder relationships in a fast-paced environment.

Qualifications

• Minimum 4 years in middle office, trade support, or asset servicing.
• Deep understanding of trade lifecycle and post-trade processing in equities.
• Strong analytical and problem-solving skills with attention to detail.
• Experience in cross-functional collaboration.

Responsibilities

• Perform trade and position reconciliations across asset classes and counterparties.
• Track corporate actions and custody events for global securities.
• Collaborate with tech teams to automate processes and improve data integrity.
• Support platform development to enhance straight-through processing.

Skills

Trade support

Reconciliation

Asset servicing

Process improvement

Education

Bachelor’s degree in finance, economics, or related field

Job description

Whitecap Search is seeking a meticulous and detail-focused professional to become an integral part of our vibrant Operations team. Your role will be pivotal in handling key middle office and post-trade activities such as trade support, reconciliation processes, and custody services. Beyond daily operations, you'll participate in projects that drive new business opportunities, enhance operational efficiency, and bolster our risk management strategies in a dynamic environment. If you're a critical thinker with a knack for problem-solving and relationship management, we want to connect with you!

Key Responsibilities

Whitecap Search is seeking a meticulous and detail-focused professional to become an integral part of our vibrant Operations team. Your role will be pivotal in handling key middle office and post-trade activities such as trade support, reconciliation processes, and custody services. Beyond daily operations, you'll participate in projects that drive new business opportunities, enhance operational efficiency, and bolster our risk management strategies in a dynamic environment. If you're a critical thinker with a knack for problem-solving and relationship management, we want to connect with you!

Key Responsibilities

• Trade Support & Reconciliation:
  • Perform trade and position reconciliations across multiple asset classes and counterparties in a fast-paced setting.
  • Manage admin positions, transaction discrepancies, and cash reconciliation exceptions.
  • Ensure timely matching and settlement processes across various markets and asset classes.
• Asset Servicing:
  • Track and validate corporate action events for global equities and fixed income, including complex scenarios like mergers and bankruptcies.
  • Coordinate voluntary event workflows with internal and external stakeholders, ensuring compliance with controls.
  • Handle inquiries regarding reorganizations, income events, and class actions from internal teams and external partners.
• Process Enhancement & Platform Development:
  • Support operational and corporate actions analysis for business expansion and platform development.
  • Evaluate operational platforms to enhance straight-through processing and identify efficiency gains.
  • Work with tech teams to automate manual processes, improve data integrity, and reinforce controls.

Qualifications

• At least 4 years of experience in middle office, trade support, or asset servicing within financial institutions.
• Deep understanding of the trade lifecycle and post-trade processing, especially in equities.
• Knowledge of global corporate action processes, both voluntary and mandatory.
• Strong analytical and problem-solving skills with a keen eye for detail.
• Proven ability to cultivate cross-functional relationships and thrive in a team-oriented environment.
• Bachelor’s degree in finance, economics, or a related field with a strong academic background.

Benefits

• Comprehensive Benefits: Fully covered medical and dental insurance for employees and dependents, competitive 401k matching, and employer-paid life and disability insurance.
• Additional Perks: Onsite fitness centers with laundry services, wellness activities, casual dress code, snacks, and game rooms.
• Learning Opportunities: Tuition reimbursement and sponsorship for conferences and training.
• Time Off: Generous vacation policy, unlimited sick days, and competitive paid caregiver leave.
• Flexible Work Environment: Hybrid work policy with flexible in-office days and a budget for home office setup.
  

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.