Job Purpose:
The role provides the opportunity to make an important contribution to the US Equity Operations team. The candidate will be responsible for middle and back-office functions in support of the firm’s US Institutional Equity Desk.
Duties & Responsibilities:
Real time support of US Equity trade activity, including but not limited to:
- Comply with T+1 settlement cycle mandates in accordance with SEC Rule 15c6-2
- Process trade bookings, allocations, confirms, and ensure timely downstream processing
- Collaborate with trading desks and firm counterparties to address and resolve trade discrepancies
- Open client DVP/RVP accounts and ensure settlement instructions are up to date
- Collaborate with firm counterparties and custodians to promptly resolve aged fails and unaffirmed trades
- Assist in the firm’s daily EOD procedures
- Escalate and assist in resolving operational risks to the firm (ie. Regulatory Notifications, Buyins and Corporate Actions)
- Oversee daily and monthly trade, positions, P&L, and commission reconciliations
Requirements & Qualifications:
- Bachelor’s Degree
- DTCC ALERT/CTM and WorkX/ORF knowledge
- Team player with the ability to work under pressure and prioritize tasks in a fast-faced, deadline-driven environment
- Self-motivated approach to work and superior attention to detail
- Excellent written and verbal communication skills
- Proficient in the Microsoft suite of applications with strong Excel skills for data analysis and reporting
- 2+ Middle/Back Office experience at a buy side or sell side financial institution
Important Notes:
- Must be authorized to work full time in the U.S., BTIG does not offer sponsorship for work visas of any type
- No phone calls please, the applicant will be contacted within two weeks if successful
About BTIG:
BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 700 employees, BTIG, LLC and its affiliates operate out of 20 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities. The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status. BTIG is an equal opportunity employer Minorities/Females/People with Disabilities/Protected Veterans/Sexual Orientation/Gender Identity.
Compensation:
- BTIG offers a competitive compensation and benefits package. Salary range is based on a variety of factors including, but not limited to, location, years of applicable experience, skills, qualifications, licensure and certifications, and other business and organization needs.
- The current estimated base salary range for this role is $100,000.00 - $150,000.00 per year. Please note that certain positions are eligible for additional forms of compensation such as discretionary bonus or overtime.
Disclaimer: https://www.btig.com/disclaimer.aspx.
Skills Required
- Bachelor's Degree
- DTCC ALERT/CTM knowledge
- WorkX/ORF knowledge
- 2+ years middle/back-office experience at buy side or sell side financial institution
- Proficient in Microsoft Office with strong Excel skills for data analysis and reporting
- Excellent written and verbal communication skills
- Team player able to work under pressure and prioritize in a deadline-driven environment
- Self-motivated with superior attention to detail
- Authorized to work full time in the U.S. (no visa sponsorship)
What We Do
BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. Located throughout the U.S., and in Europe, Asia and Australia, our professionals leverage their expertise to service clients at every stage of the investment lifecycle. Fueled by our passion to help maximize results for our institutional and corporate clients, BTIG offers personalized multi-asset class execution, expertise and insights worldwide across equities, equity derivatives, ETFs, fixed income, futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities. The firm’s core capabilities include global sales, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more. With a team of seasoned industry experts, BTIG provides end-to-end solutions for a diverse global client base. As we look to unlock value and propel growth for clients, we are consistently capturing market share year after year. Committed to excellence, we are proud of our rich history of designing solutions that help our clients achieve their objectives. For more information about BTIG, please visit www.btig.com. Member of FINRA and SIPC.
