Associate Analyst, Settlement Operations

LPL Financial•Tempe, AZ

6d•$24 - $41•Onsite

About The Position

The Associate Analyst role within the Settlements department will be responsible for providing problem-solving, reporting, project and training support to the Settlements team, and continuing to provide strong process level support to multiple sides of the team. This will require the Associate Analyst to have a foundational level of knowledge of all team processes with expertise in 2-3 subjects. Support leadership on business improvement projects.

Requirements

2+ years’ experience in the brokerage and financial services industry, or 1+ year of direct Settlements Experience
Strong analytical and problem solving skills with a keen attention to detail
Proficient to Advanced with Microsoft Office, particularly Excel, Word, PowerPoint
Excellent oral and written communication skills
Ability to perform under pressure with competing deadlines

Nice To Haves

Bachelor’s Degree from an Accredited University
FINRA SIE or Securities Registration
Prior Experience in an Analytical Role
Experience using SQL macros and V-Lookups

Responsibilities

Reconciling trade settlement and transfer fails to receive/deliver for equity and fixed income securities, metals, alternative investments, and international securities
Performing surveillance of trade obligations through daily reports for Municipal Bond, DVP, Penny Stock and CNS Trades and providing documented QC of reports generated by others
Balancing net settlement figures between General Ledger accounts for DTCC, NSCC, CNS, Bank of New York (BONY), and Fidelitrade
Offering strong problem solving to reconcile complex stock record breaks and supporting junior associates through training and learning
Executing Buy-ins and maintaining surveillance on short holdings of both securities and cash to ensure control of firm-level and client-level positions
Partnering with Trading, Purchase & Sales, Treasury, and Operations Control to help run a sound business
Working with senior analysts, and leadership to drive improvement for the business through dedicated efforts on team projects