Senior Representative, Brokerage Operations

Fidelity Investments • Westlake, TX

8d

About The Position

The Senior Representative, Brokerage Operations delivers service to internal and external clients by settling trade and transfer obligations accurately and on time while following policies, procedures, and regulatory guidelines. The role uses internal and external systems and partners with various departments to settle Federal Reserve (FED)-related transactions. It also reviews and processes exceptions and performs other tasks associated with FED Settlements.

The FED Settlements team resolves transaction exceptions in a timely manner to ensure transactions are completed for clients. The team’s stakeholders include internal and external business partners and Fidelity’s clients. The Operations and Services Group (OSG) supports Fidelity’s brokerage businesses through securities execution, clearance, and information management services for retail, institutional, and correspondent clients.

Requirements

• At least 2 years of relevant settlement experience or 2 years of brokerage operations experience.
• Knowledge of FED settlement systems, including Bank of New York BDC, JP Morgan, and CITI Bank.
• Understanding of industry regulations.
• Attention to detail while working efficiently and effectively.
• Ability to communicate effectively with internal and external business partners.
• Ability to complete assigned tasks in a timely and accurate manner.
• Ability to work effectively in a team-oriented environment.

Nice To Haves

• College degree preferred.

Responsibilities

• Settle trade and transfer obligations accurately and in a timely manner.
• Follow applicable policies, procedures, and regulatory guidelines.
• Use internal and external systems and partner with various departments to settle FED-related transactions.
• Review and process exceptions and perform other tasks associated with FED Settlements.
• Resolve FED Settlements-related transaction exceptions in a timely manner to ensure transaction completion.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed