What are the responsibilities and job description for the Asset Servicing Specialist position at Phyton Talent Advisors?
Our Client, a Global Investment Bank, is seeking an Asset Servicing Specialist in their Jacksonville, Florida location.
Responsibilities :
- Responsible for processing non-expiring Ad-Hoc conversions and 144a to Reg S exchanges as part of Asset Servicing Department and Mandatory Corporate Actions.
- Execute instructions via SWIFT and book-entry form via DTCC, Euroclear; as well as, Physical securities processing via US Agents.
- Balance transactions for events and resolve exceptions. This entails the calculation and reconciliation of books and records.
- As part of the election process, candidate is required to make decisions on how to apply obligations against available inventory. Elections can be applied against proprietary inventory, street obligations or short positions. This has a reputational and relationship impact as related to the level of business conducted with each counterpart.
- Ensure timely and effective escalation takes place to Asset Services management when confronted with transactions that can lead to risk for both Clients and the Firm.
- Build and manage relationships with Asset Services local and Global staff and management, as well as colleagues across other functions within the Bank.
- Facilitate communication between various groups within the Bank, Agents, Depositories and take on initiatives pertaining to Asset Services innovation strategies, UAT planning, user training, implementation and production verification.
- Act as a role model for new employees, providing help and support to facilitate early integration in their new environment.
Requirements :
