Operations Specialist – Boston, MA
We are seeking candidates for an Operations Specialist position with a leading financial services firm based in Boston, MA. This role will be responsible for ensuring that all trade entries into the accounting system are processed accurately and in a timely manner, while also supporting day-to-day securities processing and operational activities across the firm’s business lines.
The ideal candidate will have at least 1 year of operations experience within the financial services industry, along with strong attention to detail and the ability to manage processes in a fast-paced environment.
This is a 6+month contract-to-hire position that will pay $25-28/hour within a 40-hour workweek. This position is required to be onsite 3 days per week in their Boston office and 2 days per week remote.
Responsibilities:
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Executing operational controls, supporting team members, accounting for trade activity, resolving trade-related issues, ensuring accurate and timely cash management, and coordinating with both internal and external clients, including support for 529 plan administration.
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Ensures all trades straight through processed and those requiring manual intervention are properly accounted for in the accounting system.
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Reconciles trades entered into order management systems to trades received by trade processing system.
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Reviews trade issues reports to ensure trade price deviations are researched and resolved with appropriate parties.
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Manages trading of daily cash flows with investment companies including trade confirmation oversight.
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Coordinates raising cash activities for fund portfolios for expense payments such as management fees.
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Coordinates reallocation events ensuring portfolios meet specified target allocations.
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Utilizes various resources to provide cash projections to clients and customers.
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Ensures systemic feeds and manuals adjustments are accounted for accurately to ensure timely cash projections reporting.
Qualifications:
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Bachelor’s degree in Finance, Accounting, Business, or a related field required.
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1+ years of experience in investment operations, securities processing, fund accounting, or trade operations preferred.
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Strong attention to detail and ability to ensure accuracy in high-volume transaction environments.
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Ability to investigate and resolve trade discrepancies and operational issues.
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Strong organizational and problem-solving skills.
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Excellent communication skills and ability to collaborate across teams.
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Proficiency with financial systems, order management systems, and Microsoft Excel.
If you are interested in learning more about this opportunity, please email your resume to Lydia at [email protected].
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