Global Custody Operations Consultant (Temporary coverage)

Global Custody Operations Consultant (Temporary coverage)

As a Global Custody Operations Consultant, you will play a pivotal role in managing the end-to-end securities processing functions within our Global Custody division. Your primary focus will be on ensuring the smooth operation of various securities processing activities, including U.S. and global corporate actions, income, settlements, reconciliation, and market data. Your expertise will be instrumental in maintaining the accuracy and efficiency of our securities processing operations.

Responsibilities

• Process and oversee all aspects of the corporate action lifecycle associated with mandatory, voluntary, and choice events across all markets.
• Review, validate, and scrub information relating to corporate actions events received from vendors, local market sub-custodians, and provide accurate notifications to customers.
• Responsible for the processing of domestic and global income events, including all income-related event types such as cash dividends, capital gains, return of capital, principal & interest payments.
• Provide notification services supporting all income event types, including scrubbing data received from the central depository, third-party vendors, and sub-custodians.
• Perform the settlement of domestic and global purchases, sales, and free transactions executed by Global Custody customers.
• Process global cash transactions executed by clients and the FX Department.
• Perform research on fails, unmatched trades to provide accurate reporting.
• Experience in SWIFT trade & cash maintenance and repair.
• Perform and validate the reconciliation of global and domestic securities and cash.
• Ability to research and resolve cash and securities reconciliation breaks/discrepancies from Global and Domestic Custody Departments.
• Responsible for the overall maintenance of the Bank's security master databases, including pricing, security identifiers, processing classes, etc.
• Perform the initial setup and maintenance of customer accounts, portfolios, locations/registrations, brokers, and FX rates used by systems which support the Global Custody and Securities Lending businesses.

Requirements

• Two plus years of global custody services operations preferred.
• Fundamental knowledge of finance and mathematics.
• Proficiency in MS Office suite of products including Outlook, Word, Excel, PowerPoint.
• Good oral and written communication skills.

• Bachelor's degree in business or economics preferred.
• Proficiency in SWIFT.
• Experience in global custody and securities lending.