Operations Specialist - Trade Processing (Physical Settlements)

Brown Brothers Harriman•New York, NY

5d•Onsite

About The Position

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career. POSITION SUMMARY The Operations Specialist-Physical Settlements is directly responsible for specialized functions within Trade Processing, including the processing and settling of physical security trades. This would include activities such trade settlement, re-registration, DTC deposits, Client communication, and reconciliation.

Requirements

BA/BS degree or equivalent work experience.
Demonstrated PC skills.
Ability to identify, escalate and resolve a problem.
Ability to communicate professionally through effective verbal and written skills.
Ability to manage time efficiently and effectively.
Organizational skills and detail oriented.
Ability to multi-task.
Ability to work in a team environment.
Ability to meet deadlines and work under pressure.

Responsibilities

Process all physical security deliver and receive orders settling with other brokers and banks.
Verify securities for negotiability at the time of receipt
Interact with Transfer Agents relating to the re-registration of physical securities that are held by BBH
Manage daily volume.
Review and resolve discrepancies in order information received (for example CUSIP difference and or restrictions).
Escalate problem items as appropriate.
Communicate professionally and constructively via email, phone, etc. with internal and external clients and counterparties and Transfer Agents to effectively resolve issues in order to minimize risk and exposure.
Provide superior client service.
Communicate as part of a team.
Contribute to Management Reporting. This may include providing statistics on work volumes.
Gain efficiencies to improve individual productivity.
Gain an understanding of the big picture – how specific function impacts the firm.
Contribute to Division or Firm process improvement activities.