About the Role:
Baird is looking for a detail-oriented, analytical, and passionate associate that thrives in a fast-paced environment and has a strong understanding of financial markets and operational processes, ensuring financial transactions are executed and accurately and efficiently. This person will be part of our Federal Settlement Team. In this critical role, you will be responsible for overseeing and reconciling the timely settlement of trades, identifying discrepancies, and working closely with internal teams and external partners to ensure smooth financial operations.
Work from our global headquarters in Milwaukee, WI four days per week with one day work from home flexibility. Hours of the position are 6:30 AM - 3:00 PM.
The Impact You'll Make:
- Provide high value service to internal and external clients in an environment that promotes Baird’s culture and the Operations mission and values statement
- Support team as the subject matter expert on regulations and policies, understand end-to-end processes
- Utilize data analysis to monitor process efficiency and/or identify data integrity exceptions
- Assist with the resolution of complex process issues, branch issue resolution and/or error resolution.
- Identify and contribute to productivity, efficiency and effectiveness improvements to drive exceptional client service and risk mitigation
- Interface with various Baird business units to support firm wide and Operations initiatives
- Demonstrate and apply understanding and knowledge of markets, products, processes, regulations and systems required to deliver on business objectives
- Partner with Corporate Resource Group teams to implement and develop policies to satisfy regulatory obligations.
- Establish teamwork through collaboration, mentoring and contributing to the development of associates
- Participate on project teams creating requirements and testing through workflow analysis and use cases
- Perform the clearance functions for Federal Reserve eligible securities trades at the Bank of New York. Resolve settlement exceptions, communicating with various Trading Departments and other counterparty Broker/Dealers and Institutions
- Monitor Institutional customer Reg-T & Rule 15c3-3 requirements, and file extensions as needed
- Understand market and counterparty risk
- Monitor liquidity needs for daily settlement activity
- Monitor various clearing fund obligations and take timely action to maintain margin requirements
- Perform other duties as required
What You'll Bring to Baird:
- Bachelor’s degree and 3+ years related of experience in a financial services operations role is a plus
- SIE and Series 99 within 120 days if role processes cash or security movements, otherwise SIE and Series 7 is a plus
- Knowledge of DTC and/or Bank of New York Fed clearance platforms, a plus
- Strong experience with Microsoft Office (Word, Excel, Outlook, PowerPoint, Visio)
- Advanced analytical skills with the ability to perform complex problem solving
- Ability to handle multiple assignments; work under pressure and within deadlines and produce accurate, high quality results
- Strong communication and organizational skills with the ability to prioritize and complete multiple tasks under strict deadlines
- Passion for providing high-value client service
- Ability to work independently and effectively, relating to others in order to accomplish work responsibilities and objectives
- Diverse understanding of operational procedures and processes
- Highly motivated individual who has a desire to learn, and an ability to think creatively in a demanding environment
#LI-CM1
Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law.
Skills Required
- Bachelor's degree
- 3+ years of related experience in financial services operations
- SIE and Series 99 within 120 days if processing cash or security movements
- SIE and Series 7 if the role does not process cash or security movements
- Knowledge of DTC and/or Bank of New York Fed clearance platforms
- Strong experience with Microsoft Office, including Word, Excel, Outlook, PowerPoint, and Visio
- Advanced analytical and complex problem-solving skills
- Ability to manage multiple assignments under pressure and meet strict deadlines
- Strong communication and organizational skills
- Ability to work independently and collaborate effectively
- Understanding of operational procedures and processes
Baird Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Baird and has not been reviewed or approved by Baird.
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Retirement Support — Retirement offerings are portrayed as a standout, with 401(k) match and profit-sharing cited as notable strengths that enhance long-term financial security.
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Parental & Family Support — Paid parental leave is highlighted as generous, with clear support for both primary and secondary caregivers, alongside adoption assistance.
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Leave & Time Off Breadth — Paid holidays and PTO that increases with tenure are emphasized as above average, contributing to overall benefits satisfaction.
Baird Insights
What We Do
Founded in 1919, Baird has guided families, businesses, communities and institutions toward their financial goals for a century. Today employee-owned Baird offers wealth management, investment banking, asset management, institutional sales and trading, equity research, public finance and private equity services through more than 160 offices in the United States, Europe and Asia. Baird manages and oversees more than $305 billion in assets for clients around the world and employs more than 4,600 associates. Baird has been one of FORTUNE’s 100 Best Companies to Work For® since 2004, and is committed to policies and practices that provide equal employment opportunity at all times. These non-discriminatory practices apply to all areas of employment including: hiring, promotions, terminations, compensation, benefits and educational opportunities. “Baird” is the marketing name for Robert W. Baird & Co., Incorporated and subsidiaries and affiliates worldwide. For more information, please visit www.rwbaird.com.
