Securities Analyst I - Ops

Fifth Third Bank • Cincinnati, OH

4d

About The Position

The Securities Analyst I will cover 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, settlement and investigations, and confirmations. The role includes processing transactions, verifying settlement information, handling cash movements, resolving inquiries, and coordinating with internal and external parties. The position also supports teamwork and cross-training. It has no supervisory responsibilities.

The role is based in Cincinnati, Ohio. Fifth Third describes its total rewards as including comprehensive benefits and differentiated compensation; the position is also eligible to participate in an incentive compensation plan, with payments based on company, line-of-business, and/or individual performance.

Requirements

• Bachelor’s degree or equivalent work experience.
• 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 resolution skills.
• Ability to work in a stressful environment and meet deadlines.
• Strong interpersonal and relationship skills.
• Strong problem-solving skills, including recognizing potential problems and formulating timely solutions.
• Proficiency with Microsoft Office products, including Word and Excel, and aptitude for learning business-specific software.

Nice To Haves

• At least one year of operations experience in the securities clearance industry is preferred.
• Basic understanding of investments.

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, following prescribed 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 in a timely manner.
• 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 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.
• Manage risk by exchanging ideas and opinions, elevating concerns, and following policies and procedures; identify, assess, manage, monitor, and report risks while operating within the Bank’s risk appetite.

Benefits

• Comprehensive benefits programs designed to support employees’ and families’ physical, financial, emotional, and social well-being.
• Differentiated compensation offerings.
• Eligibility to participate in an incentive compensation plan, with any payment based on company, line-of-business, and/or individual performance.

What This Job Offers

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