Operations Associate - STL Trade Support
Company: Stifel Financial Corp.
Posted on: September 12, 2022
The Operations Associate- STL Trade Support requires the knowledge
of office management systems and procedures to effectively
reconcile trade related activities. The Associate must be
proficient with spreadsheets to be able to identify and resolve
trade exceptions by settlement date to mitigate risk for the firm.
Other responsibilities may be given over a particular job function
based on departmental processes and needs which may require daily
supervisory review. These may include entering equity and bond
orders for branches as well as money managers with emphasis on
accuracy and speed to ensure timely execution. The Associate must
be able to navigate different platforms including Thomson BETA
Systems, Bloomberg and DTCC/RTTM.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Daily reconciliation of various fixed income transactions
including, but not limited to, Municipal and Corporate Bonds,
CMO's, Agencies, and UITs.
Identify trade exceptions and resolve breaks with trading desks and
other broker/dealer back offices on a timely basis before
Accurately submit comparison on open trade items by validating
correct monies and other terms of the transaction.
Understand and comply with regulatory reporting requirements such
as TRACE and MSRB.
Learns and assists with Cancel & Rebills and other trade related
Other duties as assigned by supervisor.
High School Diploma or equivalent required; college degree
0-2 years professional business related experience required; 1-3
years business experience preferred.
Ability to learn general understanding of rules/regulations and
Stifel policies that pertain to the department.
Initiative and self-direction when performing tasks with ability to
organize and prioritize effectively in order to meet deadlines.
Able to handle large workload that varies based on projects and
heavy volume periods.
Established in 1890, Stifel is one of the nation's leading
full-service wealth management and investment banking firms. Stifel
serves clients from more than 400 offices across the United States
and ranks as the nation's seventh largest full-service investment
firm in terms of number of financial advisors. We are also a
leading provider of investment banking services to the middle
market, a top-ten municipal bond underwriter, and home to one of
the industry's largest research franchises. In addition our Stifel
Bank subsidiary provides a comprehensive range of banking
At Stifel we offer an entrepreneurial environment, comprehensive
benefits package to include health, dental and vision care, 401k,
wellness initiatives, life insurance, and paid time off.
The health and safety of our employees and candidates is very
important to us. We continue to monitor the current public health
situation and have adjusted our hiring procedures to include
virtual recruiting tools that allow us to continue meeting new
candidates. We look forward to meeting you.
Stifel is an Equal Opportunity Employer.
Keywords: Stifel Financial Corp., Melbourne , Operations Associate - STL Trade Support, Other , Melbourne, Florida
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