Cash Operations Analyst

Job Title: Local and Global Settlements Duration: 7 MonthsLocation: Chesterbrook PA 19087 United StatesJob Description:Business Overview:Securities Services is a multi-asset servicing specialist committed to helping clients achieve their ambition both in terms of investment and cross-border distribution. Our extensive network of over 95 markets and the rich diversity of our people enables us to provide our institutional clients with the connectivity and local knowledge they need to navigate change in a fast-moving world.Within Securities Services, and among the business units and professionals supporting clients globally, is the Custody Settlements and Cash Operations team of NY Branch (Bank/Global Custodian business). Our team supports client’s post-trade processes including trade and global CCY cash settlement along with foreign exchange, mutual fund and physical certificate management. This role is based in the Chesterbrook, PA office and is part of a dual-office structure with peers located in the Lisbon, Portugal offices of Securities Services. The team manages the daily flow of financial transactions, settlement and reporting between the client and the local rket agent or international/central securities depositories. While the team’s volumes and daily activity is weighted towards the US market (DTC/NSCC, Fed), our coverage includes the fast-growing global custody offering that is supported across regions.Candidate Success Factors:Candidates will be measured on the following four performance drivers that will dictate how individual impact is considered on the Americas platform:Results and ImpactLeadership and CollaborationClient, Customer and Stakeholder FocusCompliance Culture and ConductResponsibilities:Status (before, on, and post contractual settle date), troubleshoot and settle transactions with service partners, external clients, agents/depository, and/or counterparties towards trade fail mitigationDaily monitoring and deadline driven processing of incoming and outgoing transactional instructions from/to client and to/from agent/depositoryAdherence to client Service Level Agreements/Descriptions (SLA/SLD)Inquiry management, with attention to established timelinesStrict observance of Daily checklist, procedural and internal/regulatory/compliance/operation risk controlsStatus and resolve cash and/or stock breaks between custody and client or agent/depository and custody along with any additional risk data as assigned by team lead/managerElevate potential risk – client, counterparty, reputational, financial, regulatory, etc. to team leads/manager with immediacyReview OFAC/Sanction blocks of transactional activity and complete Compliance/Regulatory/Continuing Education ahead of assigned deadlinesDevelop solutions with peers, service partners and IT to continually improve quality of service delivery, reporting, and transactional flows with attention towards cost effectiveness, automation, system enhancements, new products/services and efficiency.Involvement in client/agent/depo asset migrations, system UAT, industry changes, business continuity support, audits or significant productions changes (note: will include some weekend coverage across the year in each location)Actively participate and contribute to personal development and career development alongside the team lead/manager – training courses, research, initiatives, etc.Enrich fail, trade status, and/or client reporting and communicate with service partners towards delivering premier services, developing relationships, and improving the client experience; locally and with global peers across client facing and operational teamsCross train with peers across global and US activities covered within the Settlements and Cash team for seamless solution deliveryActively participate in projects – independently, with team/partners, and regionallyMinimum Required Qualifications:College/University degreeExperience in the financial services industry at a bank/broker, service provider or as a custodianFamiliarity with the trade lifecycle and industry participants to the process flowFed direct participant experience – 1 years or morePreferred Qualifications:• SWIFT messaging - securities, cash, reporting and FX message types• Client or Operational support experience for global agent network• Background in project lifecycle participation, delivery and reporting• Fedwire or CHIPs funds transfer experience• DTC experience (or global depository, ICSD)