Securities Analyst I

Fifth Third Bank • Cincinnati, OH

6d • Onsite

About The Position

The Securities Analyst I covers a broad range of responsibilities within Securities Services in one of the following areas: settlements, mutual fund settlements, outside trade support, or corporate actions. With direct supervision, the role performs activities including trade support, clearance and settlement investigations, and confirmations. The analyst is accountable for risk management, follows established policies and procedures, and supports a positive customer experience while working within the Bank’s risk appetite.

The position handles securities processing, including transactions of extremely high dollar amounts, verifies trade settlement information at depositories and in proprietary systems, and may execute new trades or instructions in various markets. It also processes cash movements within required deadlines, researches and resolves inquiries, follows up on outstanding settlement issues, and communicates with internal and external parties. The analyst promotes teamwork and cross-training. The position has no supervisory responsibilities and is located in Cincinnati, Ohio.

Requirements

• Bachelor’s degree or equivalent work experience.
• Basic understanding of investments.
• Excellent written and verbal communication skills, including the ability to communicate effectively on behalf of the Bank with internal and external clients.
• Professional customer service skills and a strong focus on exceptional customer service.
• Strong mathematical and organizational skills.
• Excellent intuitive judgment, a systematic approach to problem solving, and effective problem-resolution skills.
• Ability to work in a stressful environment and meet deadlines.
• Strong interpersonal and relationship skills.
• Ability to recognize potential problems and formulate solutions in a timely manner.
• Proficiency with Microsoft Office products, including Word and Excel, and aptitude for learning business-specific software.

Nice To Haves

• At least 1 year of operations experience in the securities clearance industry is preferred.

Responsibilities

• Process securities transactions, including transactions of extremely high dollar amounts.
• Verify trade settlement information at depositories and in proprietary systems.
• Execute new trades or instructions in various markets when required.
• Process cash movements accurately and on time in accordance with deadlines and department procedures.
• Maintain accuracy and timeliness as evidenced through audits by a senior securities analyst and/or department manager.
• Research and resolve questions and inquiries from internal and external parties, and communicate resolutions promptly.
• Serve as a first-line contact for issues received from administrators, custody representatives, and investment staff.
• Contact counterparties and other internal or external parties to follow up on outstanding settlement issues, report and research failed activity, and communicate settlement issues to administrators, vendors, depositories, and other interested parties according to customer service guidelines.
• Promote teamwork and participate in cross-training team members.
• Perform other duties as assigned.
• Identify, assess, manage, monitor, and report risks while following Bank policies and procedures.

Benefits

• Comprehensive benefits programs supporting employees’ and families’ physical, financial, emotional, and social well-being.
• Eligible to participate in an incentive compensation plan, with payments based on company, line of business, and/or individual performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level