Operations Analyst

Location:

Chicago, IL, USA

Job Type: Full-Time

Our Investment Banking client is seeking a talented Operations Analyst specializing in Safekeeping and Settlements. This role supports essential financial operations, ensuring smooth trade clearing, payment processing, reconciliation, and settlement activities.

Key Responsibilities

• Execute daily clearing of fixed-income trades for internal and external stakeholders, ensuring compliance with industry standards.
• Process principal and interest (P&I) payments, investigating and reconciling differences between custodians and internal records.
• Monitor settlement activities and oversee funding transactions for both internal and correspondent banks.
• Partner with the Investment Portfolio Accounting team to:
• Deliver timely and accurate bond accounting reports.
• Serve as an operational liaison for securities and cash collateral management.
• Provide operational support for Federal Funds transactions.
• Develop expertise across multiple focus areas to handle routine and complex transactions efficiently.
• Respond to internal business partner and customer inquiries, audit requests, and troubleshoot issues to resolution.
• Document and update procedures, identifying opportunities for process improvements and increased efficiency.
• Prepare reconciliation reports, analyze discrepancies, and provide actionable insights.
• Ensure audit trails are maintained for all tasks and follow SOX control requirements.