Operations Specialist (Entry Level)

US Tech Solutions; Jersey City (NJ); On-site; USD 60,000 - 80,000; Full time

Job summary

A global staffing firm is seeking an Operations Specialist to handle trade processing and settlements. The candidate will be responsible for managing security trades within DTC, ensuring professional communication with clients, and contributing to reporting activities. Strong organizational skills, a degree, and proficiency in problem resolution are essential. Join a dynamic team focused on efficiency and client service in a challenging environment.

Responsibilities

• Process and settle security trades at DTC including trade settlement and reconciling.
• Communicate with clients to resolve discrepancies and minimize risks.
• Contribute to reporting and propose process improvements.

Skills

PC skills

Problem identification and resolution

Professional communication

Time management

Organizational skills

Teamwork

Deadline adherence

Education

BA/BS degree or equivalent work experience

Job description

US Tech Solutions is a global staff augmentation firm providing a wide-range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit our website www.ustechsolutions.com.

We are constantly on the lookout for professionals to fulfill the staffing needs of our clients, sets the correct expectation and thus becomes an accelerator in the mutual growth of the individual and the organization as well.

Keeping the same intent in mind, we would like you to consider the job opening with US Tech Solutions that fits your expertise and skillset.

Job Description

Job Description

• The Operations Specialist – DTC Settlements is directly responsible for specialized functions within Trade Processing, including the processing and settling of security trades settling at DTC. This would include activities such trade settlement, SPO processing, Client communication, and reconciliation.
• Process all deliver and receive orders settling with other brokers/ banks – all equities, corporate fixed income, and commercial paper trades clearing through DTC (Depository Trust Company) for our custody accounts. Adhere to all daily deadlines.
• Verify the trade information vs. broker presentation received from the client via the sonic system. This includes account number, quantity, CUSIP, etc.
• Manage daily volume. Review and resolve discrepancies in order information received (for example DTC reclaims).
• Escalate high value problem trades to management.
• Communicate professionally and constructively via email, phone, etc. with internal and external clients and counterparties to effectively resolve issues in order to minimize risk and exposure.
• Provide superior client service. Communicate as part of a team.
• Contribute to Management Reporting. This may include providing statistics on work volumes.
• Gain efficiencies to improve individual productivity.
• Gain an understanding of the big picture – how specific function impacts the firm.
• Contribute to Division or Firm process improvement activities.

Qualifications

Skills Required:

• BA/BS degree or equivalent work experience.
• Demonstrated PC skills.
• Ability to identify, escalate and resolve a problem.
• Ability to communicate professionally through effective verbal and written skills.
• Ability to manage time efficiently and effectively.
• Organizational skills and detail-oriented.
• Ability to work in a team environment.
• Ability to meet deadlines and work under pressure.

Additional Information

Thanks & Regards,

Technical Recruiter

10 Exchange Place, Suite 1820,

Jersy City, NJ - 07302

Tel: [phone] Ext: 7942 and 201-932-1488