Trade Settlements & Operations Specialist

Brown Brothers Harriman; Jersey City (NJ); On-site; USD 50,000 - 60,000; Full time

Job summary

Brown Brothers Harriman (BBH) is seeking an Operations Specialist – DTC Settlements in Jersey City, NJ. The role is responsible for specialized functions within Trade Processing, including trading settlement and reconciliation with clients and counterparties.

You will process all deliver and receive orders settling with other brokers/banks through DTC for our custody accounts, verify trade details, and contribute to daily reporting and process improvement while maintaining high service standards.

Qualifications

• BA/BS degree or equivalent work experience.
• Demonstrated PC skills.
• Ability to identify, escal… etc

Responsibilities

• 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.

Education

BA/BS degree or equivalent work experience.

Demonstrated PC skills.

Ability to identify, escal… etc

Job description

Brown Brothers Harriman (BBH) is seeking an Operations Specialist – DTC Settlements in Jersey City, NJ. The role is responsible for specialized functions within Trade Processing, including trading settlement and reconciliation with clients and counterparties.

You will process all deliver and receive orders settling with other brokers/banks through DTC for our custody accounts, verify trade details, and contribute to daily reporting and process improvement while maintaining high service standards.