CASY-MSCCN Jobs

Description

This position will follow our hybrid work model; we expect candidates to be two days in-office and three days work-from-home at either of our Southfield, MI, or Memphis, TN, office locations.

Job Summary:

Under limited supervision, uses advanced knowledge and skills obtained through experience and/or training in the securities industry to reconcile various depositories and firm records. Associate will assist the firm in maintaining proper compliance with industry/firm rules and regulations. Collaborates with management and team to identify opportunities for operational efficiency and process improvement to mitigate financial, reputational and regulatory risk. Applies new and changing rules and/or regulations to daily work. Recommends solutions for issues and observations. Extensive contact with other Operations departments in terms of research, identification of issues and escalation of discrepancies. Minimal supervised contact with external auditors/examiners.

Essential Duties and Responsibilities:

• Verify and reconcile domestic and foreign securities held at various depositories

• Ensures reconciliations are accurate, complete and that discrepancies have been resolved in a timely manner

• Performs data collection and analysis to ensure the firm is in compliance with regulatory requirements

• Ensure industry rules, regulations and securities laws are adhered to for 15c3-3 and proper action is taken

• Coordinates/participates in the quarterly examination and verification of physical securities held on premises

• Serves as a back-up in cross-functional responsibilities

• Maintains orderly and readily obtainable records for research and examination purposes

• Creates and maintains appropriate job procedures with management support

• Prepares summary documentation/work papers for special projects/observations with management support

• Evaluates current processes and systems with the purpose of identifying gaps or creating efficiencies and process improvements

• Performs user testing of system enhancements and new software applications for accuracy and usability

• Assists in cross-training of the team in processes to ensure appropriate bench strength

• Escalates observations/issues to Management that require attention in order to mitigate risk

• Performs other duties and responsibilities as assigned

Qualifications

Knowledge, Skills, and Abilities:

Knowledge of:

• Financial markets, products and regulatory requirements

• Fundamental concepts, practices and procedures used in the securities industry

• Back office brokerage operations (processes, terminology, systems)

• General accounting procedures/concepts

Skill in:

• Learning and applying new information, skills and processes quickly

• Performing operational reconciliations

• Evaluating processes and systems with the goal of mitigating risk and creating efficiencies

• Microsoft Office (Word, Excel)

Ability to:

• Demonstrate strong numerical aptitude and use critical thinking when solving operational problems

• Ability to work independently with attention to detail as well as collaboratively within a team environment

• Exhibit initiative and self-direction when performing tasks

• Organize and prioritize multiple tasks with changing priorities in order to meet critical deadlines in a fast paced environment

• Ability to adapt to a constantly changing environment

• Communicate effectively, both orally and in writing

• Provide a high level of customer service

• Establish and maintain effective working relationships

• Retain knowledge and skills utilized during the rotation of functions

• Read, comprehend, and apply technical information

• Use sound judgement to solve problems

Educational/Previous Experience Requirements:

• Associate’s degree in a business related field and a minimum of two (2) years of experience in the areas of cash and securities reconciliation, accounting, banking, and/or financial services industry.

or

• Any equivalent combination of education, training and/or experience.

Licenses/Certifications:

• None required.

Job: Operations

Primary Location: US-TN-Memphis-Memphis

Other Locations: US-MI-Southfield-Southfield

Organization Operations & Administration

Schedule Full-time

Job Shift Day Job

Travel Yes, 5 % of the Time

Req ID: 2401196