Securities Settlement Specialist

Baird•Milwaukee, WI

1d•Hybrid

About The Position

Baird is seeking a detail-oriented, analytical associate with a strong understanding of financial markets and operational processes to help ensure financial transactions are executed accurately and efficiently. As part of the Federal Settlement Team, this role oversees and reconciles timely trade settlement, identifies discrepancies, and works with internal teams and external partners to support smooth financial operations. The position is based at Baird’s global headquarters in Milwaukee, Wisconsin, with work onsite four days per week and one day of work-from-home flexibility. The scheduled hours are 6:30 AM to 3:00 PM.

Requirements

A bachelor’s degree and three or more years of related experience in a financial services operations role are listed as a plus.
If the role processes cash or security movements, obtain the SIE and Series 99 within 120 days; otherwise, the SIE and Series 7 are listed as a plus.
Strong experience with Microsoft Office, including Word, Excel, Outlook, PowerPoint, and Visio.
Advanced analytical skills and ability to perform complex problem solving.
Ability to handle multiple assignments, work under pressure and within deadlines, and produce accurate, high-quality results.
Strong communication and organizational skills, including the ability to prioritize and complete multiple tasks under strict deadlines.
Passion for providing high-value client service.
Ability to work independently and effectively relate to others to accomplish work responsibilities and objectives.
Diverse understanding of operational procedures and processes.
Motivation to learn and ability to think creatively in a demanding environment.

Nice To Haves

Bachelor’s degree and three or more years of related experience in a financial services operations role.
Knowledge of DTC and/or Bank of New York Fed clearance platforms.
SIE and Series 7, if the role does not process cash or security movements.

Responsibilities

Provide high-value service to internal and external clients while supporting Baird’s culture and the Operations mission and values.
Serve as a team subject matter expert on regulations and policies and understand end-to-end processes.
Use data analysis to monitor process efficiency and identify data integrity exceptions.
Assist with complex process issues, branch issue resolution, and error resolution.
Identify and contribute to productivity, efficiency, and effectiveness improvements that support client service and risk mitigation.
Interface with Baird business units to support firm-wide and Operations initiatives.
Apply knowledge of markets, products, processes, regulations, and systems to deliver business objectives.
Partner with Corporate Resource Group teams to develop and implement policies that satisfy regulatory obligations.
Promote teamwork through collaboration, mentoring, and contributing to associate development.
Participate on project teams by developing requirements and testing through workflow analysis and use cases.
Perform clearance functions for Federal Reserve-eligible securities trades at the Bank of New York.
Resolve settlement exceptions and communicate with Trading Departments, counterparty Broker/Dealers, and institutions.
Monitor institutional customer Reg-T and Rule 15c3-3 requirements and file extensions as needed.
Understand market and counterparty risk.
Monitor liquidity needs for daily settlement activity.
Monitor clearing fund obligations and take timely action to maintain margin requirements.
Perform other duties as required.