Phaxis LLC is Hiring a Govt Operations Senior Associate Near New York, NY
Financial Services organizations seeks a professional to join our growing team.Supports the daily functioning of the Government Clearing Department with minimal supervision. Helps supervise the function and staff within the Government Clearing Department.
3 years expereince within financial services operations
Intermediate computer knowledge, including Microsoft Outlook, Word and particularly Excel
Working knowledge of Fed Book Entry securities settlement
Working knowledge of Impact, FinPro, MBSE and RTTM
Initiative and willingness to learn or assume new responsibilities
Essential Duties And Responsibilities
Work independently and cooperatively within specified section
Comply with section policies, procedures and escalation protocols
Train and/or transfer knowledge to direct reports, as required
Demonstrate first rate client service skills; escalate issues to Section Manager, as appropriate
Job Functions And Tasks
Utilize the Fed Book Entry System (Bony BDC) for daily work
Monitor all clearance screens for discrepancies
Research GSD and MBSD discrepancies
Research and reconcile BDC with IMPACT and Finet
Communicate with traders and sales staff to reconcile trade problems
Balance daily work
Determine correct delivery instructions for counterparties
Reconcile and redeliver DKs
Coach junior staff and contribute appropriate, relative knowledge and experiences to aid, assist and/or support the day's workload
Support senior staff with workload as well as participate in two-way knowledge transfer
Demonstrate first rate client service skills; escalate issues to supervisor, as appropriate