Securities Analyst I

Fifth Third Bank • Cincinnati, OH

10d

About The Position

The Securities Analyst I performs a broad range of Securities Services activities in one of the following areas: settlements, mutual fund settlements, outside trade support, or corporate actions. With direct supervision, the analyst handles 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 settlement information, supports cash movements, researches and resolves inquiries, and communicates with internal and external parties about outstanding settlement issues. The role also contributes to teamwork and cross-training. The position has no supervisory responsibilities.

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 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.
• 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 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 raised by administrators, custody representatives, and investment staff.
• Contact counterparties and other internal and external parties to follow up on outstanding settlement issues and research and report failed activity.
• Communicate settlement issues with administration, vendors, depositories, and other interested parties in accordance with customer service guidelines.
• Promote teamwork and participate in cross-training team members.
• Perform other duties as assigned.
• Manage and report risks, raise concerns, and follow applicable 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 payment based on company, line-of-business, and/or individual performance.

What This Job Offers

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