Securities Analyst I

Fifth Third Bank • Cincinnati, OH

7d

About The Position

This role 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. Under direct supervision, the analyst performs trade support, clearance and settlement investigations, and confirmations. The role is accountable for managing risk, following policies and procedures, raising concerns, and supporting positive experiences for customers and colleagues.

The analyst processes securities transactions, verifies trade settlement information, supports cash movements, researches and resolves inquiries, and follows up on outstanding settlement issues with internal and external parties. The role also contributes to teamwork and cross-training. No supervisory responsibilities are assigned.

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 to 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.
• Strong problem-solving skills and the ability to recognize potential problems and formulate timely solutions.
• Proficiency with Microsoft Office products, including Word and Excel, and aptitude for learning other business-specific software programs.

Nice To Haves

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

Responsibilities

• Handle securities processing tasks, including independently processing transactions of extremely high dollar amounts.
• Verify trade settlement information at the depository and in the proprietary system.
• 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 measured through audits by senior securities analysts and/or the department manager.
• Research and resolve inquiries from internal and external parties and communicate resolutions promptly.
• Serve as a first-line contact for issues 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 fail activity, and communicate settlement issues with 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 supporting physical, financial, emotional, and social well-being.
• Eligibility 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