Operations Associate - Prime Brokerage
Posted on: 20 Jul 2021
Park City, UT
Job Description
Position Purpose:
The Assistant Vice President - Prime Brokerage Operations will establish and implement processes to service the needs of Prime Brokerage clients. Role will be client facing & will act as a liaison between the clients and clearing firms for operations & client service-related requests.
Primary Accountabilities/Responsibilities:
Cultivate client relationships and introduce clients to other business lines within the firm as appropriate and suitable.
Liaison between clients and clearing firms, both internal and external.
Create a plan to streamline onboarding and operational support for derivatives clients.
Investigate and correct trade breaks and settlement issues across all asset classes.
Perform client onboarding for internal and introduced clearing clients.
Process wire requests and asset movements after managerial approval.
Analyze and implement processes to make process streamlined
Assist in the build out of internal clearing for prime brokerage
Setup and implement FTP file setups.
Lead or assist in order management system projects.
Responsible for booking trades, cancel/corrects, assisting with portfolio reporting issues and other operations and client service-related duties.
Communicate possible cross-selling opportunities to management.
This list of responsibilities may not be all-inclusive and can be expanded to include other duties or responsibilities as needed.
Job Requirements:
1-2 years' of securities experience PREFERRED.
1-2 years’ experience with Institutional Trade Settlements PREFERRED
Hold a Series 7 and 63 licenses or be willing to prepare for securities exams.
Excellent written and verbal communication as well as customer service skills.
Experience with systems such as Bloomberg, Advent, clearing portals, EMS/OMS systems.
Strong analysis and judgment skills.
Excellent organization and multitasking skills.
Desire to work in a team orientated atmosphere.
Strong work ethic and emphasis on attention to details.
Technical and or Programming skills preferred.
Must be authorized to work in the US for any employer
Physical requirements/Working conditions:
Climate controlled office environment
Minimal physical requirements other than occasional light lifting of boxed materials
Dynamic, time-sensitive environment
INTL FCStone
New York, New York
INTL FCStone Inc. operates as a financial services company worldwide. The company's Commercial Hedging segment offers risk management consulting services related to agricultural and energy commodities, and base metal products listed on the London Metals Exchange. Its Global Payments segment provides payment solutions to banks and commercial businesses; and charities and non-governmental organizations, and government organizations.
The company’s Securities segment offers value-added solutions that facilitate cross-border trading in foreign securities, including unlisted American Depositary Receipts, Global Depository Receipts, and foreign ordinary shares. It also operates as an institutional dealer in fixed income securities to serve asset managers, commercial bank trust and investment departments, broker-dealers, and insurance companies. In addition, this segment originates, structures, and places debt instruments; trades in various international debt instruments; and offers asset management services.
The company’s Physical Commodities segment provides a range of trading and hedging services comprising over-the-counter (OTC) products for various producers, consumers, and investors. It also provides financing services to commercial commodity-related companies against physical inventories.
The company’s Clearing and Execution Services segment offers prime brokerage foreign exchange services for the financial institutions and professional traders; provides a range of OTC products, such as 24-hour a day execution of spot, forwards, and options, as well as non-deliverable forwards; and operates a proprietary foreign exchange desk that arbitrages the exchange-traded foreign exchange markets with the cash markets. The company was formerly known as International Assets Holding Corporation and changed its name to INTL FCStone Inc. in March 2011. INTL FCStone Inc. was founded in 1924 and is headquartered in New York City, New York.
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IndustryAccounting/Finance
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No. of Employees1,851
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Website
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Jobs Posted167
