Securities Analyst

Sumitomo Mitsui Banking Corporation•City of White Plains, NY

2d•$67,000 - $80,000•Hybrid

About The Position

The Securities unit is a part of the Treasury Operations group within BCDAD and is responsible for the confirmation, settlement, clearance and reconciliation of securities transactions executed by the bank’s domestic and global offices. Products include certificates of deposit, commercial paper, treasury bills, treasury bonds, tri-party repos and mortgage backed securities and other bank booked bonds, stocks and funds. The Analyst is responsible for verifying and checking the work of the processing specialists. This individual is an emerging subject matter expert whose role is primarily transactional. Executes duties of varying degrees of complexity under the supervision of senior staff. Is the primary verifier of securities transactions and acts as 2nd level point of escalation for internal and external inquiries. Reports to the Department Head. Number of direct reports: none. Number of indirect reports: none.

Requirements

2 to 5 years experience working in a securities processing role for a bank or financial institution.
BA / BS (or equivalent experience) in Accounting, Finance or related discipline is preferred.
OBS, Montran, SAA, Fedwire, BONY-BDC, AccessEdge, JPMRepo Edge, Citidirect for Securities, DTCC RTTM and CFM, MS Office (MS Word, MS Excel, MS PowerPoint), SharePoint
Able to work well autonomously and be a complete self-starter.
Functional knowledge of confirmation and settlement process.
Functional knowledge of payments structure through various settlement methods.
Operational knowledge of the applications that support back office operations (i.e.,BONY-BDC, Accessedge OBS, MONTRAN, etc..).
Ability to set priorities, manage time effectively, meet deadlines and complete work accurately.
Excellent verbal, written and interpersonal communication skills.
High level customer service mindset with a commitment to supporting both internal and external stakeholders.
Demonstrated focus on ownership, follow-up and relationship management.
Strong analytical, critical thinking and problem resolution skills.

Responsibilities

Confirms that trade information and settlement instructions for certificates of deposit, commercial paper , tri-parties, Tokyo trades and other securities is accurate.
Prepares and inputs settlement instructions for timely and efficient processing.
Reconciles outstanding items; ensures trades are settled.
Generates quarterly position and audit reports for management review.
Generates monthly reports in compliance with JSOX requirements.
Researches and resolves ad hoc issues and questions.