Brokerage Operations Trade Support Specialist

Truist Bank•Richmond, VA

6d•$45,760 - $76,270•Onsite

About The Position

Provide middle office operational trade support and trade servicing needs. Responsible for staying abreast of industry and regulatory changes. Maintain accurate trade records, reporting, and monitoring to adhere to firm policies.

Requirements

Bachelor's degree or equivalent education, training and work-related experience
Provide high-quality client service
Ability to handle multiple assignments; work under pressure in a fast paced environment
Attention to detail with emphasis on accuracy and quality
Strong Organizational, verbal and written communication skills
Demonstrate proficiency in Microsoft Office software products
Financial Industry Regulatory Authority (FINRA) Series 7 or ability to obtain the Series 7 license within 120 days of employment

Nice To Haves

Two year brokerage industry experience.

Responsibilities

Assist with the day-to-day operations by processing tasks within the department(s) and maintaining excellent service levels.
Resolve trade issues and apply critical thinking and problem-solving skills to meet the demands of the business.
Stay current with trade industry standards and new policies and procedures relative to the area of responsibility.
Demonstrate initiative and commitment to continuous learning, and the ability to adapt to the changing demands of the business.
Process trade error corrections for the front office.
Research and write off worthless securities if eligible.
Daily/Monthly reconciliation of inventory and error accounts for P&L and the resolution of any differences.
Monitor and resolve unallocated block trades.
Daily monitoring of trade reporting. Ensure trades are reported properly, match, settle, and affirm according to industry rules and regulations.
Research trade issues and liaison with the clearing firm as necessary.