Financial transactions can be executed with the tap of a finger these days. Behind the scenes, there is often an operations team doing the heavy lifting of managing transaction settlements, cash reconciliations and regulatory compliance.
Top Companies Hiring Financial Services Operations Professionals
PEAK6
APEX Fintech Solutions
BNY
State Street
Citigroup
Financial services operations is a broad field that covers a spectrum of career paths, including clearing and custody operations, compliance officers, risk analysts, accountants and financial controllers. Together, they safeguard institutional liquidity, mitigate systemic risks, prevent costly fraud and ensure compliance with financial regulations.
These professionals are in high demand in investment banking, asset management, insurance and corporate finance. Below, we take a closer look at some of the top companies hiring financial services operations professionals.
Companies Hiring Financial Services Operations Professionals
Location: New York City, New York
Citigroup is a global financial institution that processes trillions of dollars every day in international corporate payments and currency trades. Behind the scenes, operations professionals manage the logistics of clearing trades, moving capital and balancing ledgers across more than 160 countries and jurisdictions. They also screen new institutional clients, investigate suspicious transactions and keep multi-currency accounts balanced.
Location: Boston, Massachusetts
State Street Corporation provides custody services, fund administration and investment management for the world’s largest asset managers and pension systems. Its operations specialists run the complex accounting engines that calculate daily fund values and maintain portfolio ledgers across global markets. They also oversee trade settlements, cash reconciliations, securities lending programs and regulatory filings for institutional clients.
Location: New York City, New York
Morgan Stanley is a global investment bank and wealth manager that also powers millions of self-directed retail accounts through E*TRADE. Operations professionals sit at the center of this ecosystem, confirming trades, managing collateral and clearing transactions for institutional desks and individual investors alike. Working closely with trading desks and compliance officers, they resolve order discrepancies in real time and prepare regulatory filings.
Location: Westlake, Texas
Charles Schwab is one of the nation’s largest retail brokerages, wealth managers, and custodians for independent financial advisors. Behind its platform, the company’s operations teams manage essential day-to-day workflows, including trade clearing, account transfers between institutions and margin lending approvals. At Schwab, eligible employees receive a 28-day paid sabbatical for every five years of service.
Location: Chicago, Illinois
Northern Trust provides wealth management, asset servicing and investment management to institutional investors and high-net-worth clients. Its operations professionals oversee the settlement of global trades, audit cash movements and value investment portfolios. They also collect dividends, reconcile client accounts and verify legal ownership records. Employees at Northern Trust are eligible for a corporate pension plan that is fully funded by the company.
Location: New York City, New York
Bank of New York Mellon, or BNY, safeguards tens of trillions of dollars as the world’s largest custodian bank while providing comprehensive investment management and asset servicing solutions. Within BNY and its Pershing subsidiary, operations professionals oversee global custody accounts, dividend distributions, currency settlements and official shareholder record-keeping.
Location: Chicago, Illinois
PEAK6 employs a variety of operations professionals across its diverse portfolio of companies, including PEAK6 Capital Management. These professionals monitor real-time trade execution flows, ensure continuous collateral balance across prime brokerages and reconcile end-of-day positions across multiple asset classes. The company also offers catered meals and on-site wellness facilities at its Chicago headquarters.
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Location: Dallas, Texas
Apex Fintech Solutions develops API solutions that power digital custody, clearing and wealth management for brokerage firms and fintech applications. Operations professionals at Apex oversee broker-dealer clearing, margin financing, continuous trade reconciliation and tax and cost-basis accounting pipelines. By resolving post-trade breaks and ensuring settlement compliance, they allow fintech apps to deliver seamless investing experiences.
Location: Malvern, Pennsylvania
Vanguard is an asset management firm known for democratizing low-cost index investing through its portfolio of mutual funds and ETFs. Its operations professionals oversee the systems that price portfolios and process market transactions, stepping in to investigate transaction breaks and audit daily fund valuations. Vanguard employees are eligible for profit-sharing, and the company contributes up to 14 percent of employees’ salaries into their 401(k) plan.
Location: Boston Massachusetts
Fidelity Investments is a financial services firm that offers retail brokerage, mutual funds, corporate 401(k) plans and back-office clearing for other institutions. Behind the scenes, operations professionals settle market orders, track dividend distributions and calculate fund valuations. Through the Step Ahead Student Loan Assistance Program, full-time employees can receive up to $15,000 for their student loan debt.
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