Job Description
Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.
About the team
The Senior Trust Analyst ensures all manual instructions from clients and automated instructions from the Depository Trust and Clearing Corporation (DTCC) are received in good order to allow for timely settlement. The Senior Trust Analyst manages and escalates problems, identifies and recommends changes to procedure. Additionally, the individual works under general supervision with latitude for independent judgement. This position is seeking a highly-skilled candidate with extensive proficiency.
What you will be doing
- Processes all DTCC confirm and affirm files based on established schedule.
- Matches broker confirms to trade ticket on trust accounting system identifying/escalating all exceptions.
- Affirms trades by DTCC deadline to allow for automated settlement or, if past deadline, manually deliver shares on settlement date.
- Ensures all manual trades and deliveries are processed correctly and timely.
- To ensure straight through processing, proactively identifies exceptions that may cause issues with settlement and communicates exceptions to business lines.
- Initiates wires for daily net settlement and makes appropriate entries to internal accounts.
- Monitors large wires and ensures timely approval by management and supervisors.
- Identifies and logs failed trades, communicates status to the business lines and escalates when necessary to prevent buy-ins.
- Monitors all workflows and request queues (QForms, Sharepoint, Email) and responds within the defined service level standard.
- On a daily basis, monitors all control accounts for exceptions.
- Reviews and clears all cash exceptions and share reconciliation items.
- Generates trade advices for mailing/emailing to clients.
- Provides monthly, weekly or ad-hoc reports for manager.
- Participates with other team members in reviewing and assessing current practices and procedures.
- Participate in monthly storage procedures for department.
- Other related duties assigned as needed.
What you bring:
- Associate’s or Bachelor’s degree or the equivalent combination of education, training, or work experience preferable.
- Four or more years of experience in an office environment with 1+ years of experience in the Trust Industry.
- Proficient in the use of basic office equipment and tools as well as applications specific to trust systems/processes
- Requires strong problem-solving, time management, organizational and data entry skills
- Requires attention to detail and the ability to multi-task and adjust schedules to meet deadlines
- Ability to work in an organized manner
- Ability to maintain confidentiality
- Ability to communicate effectively verbally and in writing
- Team skills, including the ability to establish and maintain effective working relationships with employees, clients and public
What we offer you
- A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
- A broad range of professional education and personal development possibilities – FIS is your final career step!
- The chance to work on some of the most challenging, relevant issues in financial services & technology
- Time to support charities and give back in your community