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GWIM Sr Operations Analyst - Private Bank Trade Support

Jacksonville, Florida;

Job Description:

Enterprise Job Description

Provides technical and analytical support in a GWIM operations function for one or more product areas such as funds transfer, collateral mg.t/margins, corporate actions, static data/data management, control, trader support, clearance/settlement, documentation/confirmations, customer service, new accounts, client valuations, document processing or statement/billing processing. Responsible for the analysis and resolution of moderately complex operations problems and initiatives requiring exception handling and working with multiple operational and/or product specialists to resolve. May participate in projects and/or introduction of new initiatives, systems, products/services and processes. As a technical expert, acts as a unit advisor providing technical support to less experienced associates. This role typically requires 3+ years' experience in operations functions and a thorough working knowledge of the operational aspects of transactions and products.

 

Line of Business Position Description and Responsibilities:

LOB Description:

The Private Bank Investment Operations Team provides operational support for all bank placed trades executed by the Investment Solutions Group (ISG). This opportunity is available within the Merrill & Private Bank Trading Services organization to support functions for Private Bank Investment Operations.  The Private Bank Investment Operations GWIM Senior Operations Analyst will be responsible for providing daily operational support of fixed income trading for Private Bank processes. The individual ensures the timely and accurate delivery of fixed income trades and daily reporting requirements within defined timeframes.  This role interacts regularly with traders, portfolio managers, technology teams, and control partners.

 

Responsibilities include:
The matching and affirmation of Equity and/or Fixed Income security transactions
Reporting trades to custodian banks, manually or systematically
Following up on all exceptions with appropriate parties (trading, custodian banks, brokers and fund accounting)
Developing and maintaining positive relationships with all internal and external contacts to promote expeditious trade problem resolution
Ensuring all SLA’s for Trade Support have been adhered to
Ensuring that all issues are escalated to the appropriate levels in a timely fashion
Ensuring compliance to all levels of audit
Completing projects (industry or regulatory) assigned by Department Manager or Team Lead

Required Skills and Experience:

  • Minimum of 2 years experience in an investment operations role or equivalent

 

Desired Skills and Experience:

  • Bachelor's degree in Finance, Accounting, Economics or equivalent
  • Experience on both domestic and international trade markets
  • Maintain effective working relationships with both internal and external parties
  • Good understanding of equity, fixed income and cash investments
  • Demonstrates thoroughness and accuracy in work completed
  • Good organizational and time management skills
  • Strong verbal and written communication skills
  • Extremely detail oriented
  • Ability to work under pressure with changing work requirements
  • Team player that is able to learn other operations
  • High personal standards of conduct and integrity
  • Basic Bloomberg experience a plus
  • Experience with Charles River, OMGEO, CTM, PACE, TradeWeb, MarketAxess a plus

Job Band:

H6

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Enterprise Job Description

Provides technical and analytical support in a GWIM operations function for one or more product areas such as funds transfer, collateral mg.t/margins, corporate actions, static data/data management, control, trader support, clearance/settlement, documentation/confirmations, customer service, new accounts, client valuations, document processing or statement/billing processing. Responsible for the analysis and resolution of moderately complex operations problems and initiatives requiring exception handling and working with multiple operational and/or product specialists to resolve. May participate in projects and/or introduction of new initiatives, systems, products/services and processes. As a technical expert, acts as a unit advisor providing technical support to less experienced associates. This role typically requires 3+ years' experience in operations functions and a thorough working knowledge of the operational aspects of transactions and products.

 

Line of Business Position Description and Responsibilities:

LOB Description:

The Private Bank Investment Operations Team provides operational support for all bank placed trades executed by the Investment Solutions Group (ISG). This opportunity is available within the Merrill & Private Bank Trading Services organization to support functions for Private Bank Investment Operations.  The Private Bank Investment Operations GWIM Senior Operations Analyst will be responsible for providing daily operational support of fixed income trading for Private Bank processes. The individual ensures the timely and accurate delivery of fixed income trades and daily reporting requirements within defined timeframes.  This role interacts regularly with traders, portfolio managers, technology teams, and control partners.

 

Responsibilities include:
The matching and affirmation of Equity and/or Fixed Income security transactions
Reporting trades to custodian banks, manually or systematically
Following up on all exceptions with appropriate parties (trading, custodian banks, brokers and fund accounting)
Developing and maintaining positive relationships with all internal and external contacts to promote expeditious trade problem resolution
Ensuring all SLA’s for Trade Support have been adhered to
Ensuring that all issues are escalated to the appropriate levels in a timely fashion
Ensuring compliance to all levels of audit
Completing projects (industry or regulatory) assigned by Department Manager or Team Lead

Required Skills and Experience:

  • Minimum of 2 years experience in an investment operations role or equivalent

 

Desired Skills and Experience:

  • Bachelor's degree in Finance, Accounting, Economics or equivalent
  • Experience on both domestic and international trade markets
  • Maintain effective working relationships with both internal and external parties
  • Good understanding of equity, fixed income and cash investments
  • Demonstrates thoroughness and accuracy in work completed
  • Good organizational and time management skills
  • Strong verbal and written communication skills
  • Extremely detail oriented
  • Ability to work under pressure with changing work requirements
  • Team player that is able to learn other operations
  • High personal standards of conduct and integrity
  • Basic Bloomberg experience a plus
  • Experience with Charles River, OMGEO, CTM, PACE, TradeWeb, MarketAxess a plus

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22050752

Band: H6

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Vicki Demarest

Referral Bonus:

0