Operations Officer Iii
3 days ago
Our client is a top financial institution with significant North American holdings. They have operations across most major verticals, including institutional & corporate, wealth management, private client, commercial banking, treasury, and retail banking.
Introduction: Prime Hires is seeking a skilled Operations Officer to join our client.
Contract Dates: 24 months with potential to convert
Pay Rate: $27.00 per hour
Business Hours: Monday to Friday (Hybrid)
Job Responsibilities:
- Responsible for settling in CDS and DTC all T007 and 5036 loans/borrows/repays and collateral tickets by end of day.
- Monitor and report all settlement discrepancies on timely basis to the client's Lending Traders and Margin group and ensure issues are resolved promptly.
- Manage settlements efficiently in a multi-tasked environment and ensure all deadlines are met.
- Accountable for investigating, resolving, and escalating any issues to Management and client's Lending Traders.
- Additional responsibility includes Mark to Market, Contract Compare, Fees and Rebate, Reconciliations, and Recall functions.
- Provide additional operational support to the client's Traders such as real time position checks, position movement and answer inquiries related lending activity.
- Provide a required audit function by accurately maintaining and filing documentation pertaining to daily settlements.
- Participate on weekly Late Collateral rotation shifts/requests and ensure coverage is arranged during time off.
- Participate on daily huddles, WPE and Hybrid Model.
- Ensure all FX and wire requests are authorized per assigned limit.
Experience & Qualification Requirements:
- Knowledge of settlements: 3 years
- Previous Lending Experience: 3 years
- Strong Excel (i.e. Pivot tables, V-look ups)
- Organized and Attention to Detail
**_**ALL CANDIDATES MUST COMPLETE A CRIMINAL AND CREDIT CHECK AS PART OF THE APPLICATION PROCESS**_**
**How to Apply**: If you are a motivated professional looking to contribute to a leading team, please submit your resume outlining your qualifications and experience relevant to this role. Prime Hires & the clients we represent, value diversity and are committed to creating an inclusive workplace. We invite all qualified individuals to apply.
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