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Brokerage Operations Specialist II

Company: SS&C
Location: Minneapolis
Posted on: September 24, 2022

Job Description:

The speed of technology. The influx of data. Shifting regulations. Increased customer expectations.That's where you'll find SS&C, helping clients find opportunity in ever-changing and complex customer, business, and regulatory requirements. Mastering complexity is a constantly changing and evolving challenge - one that only a few people can embrace and thrive upon.If you see your opportunity in complexity, then we are the right fit for you.Job Description:Company OverviewSS&C (formerly DST Systems) is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.The speed of technology. The influx of data. Shifting regulations. Rising client expectations.That's where you'll find SS&C, helping clients find opportunity in ever-changing and complex customer, business, and regulatory requirements. Mastering complexity is a constantly changing and evolving challenge - one that only a few people can embrace and thrive upon.SS&C Brokerage Solutions offers a single source for mutual fund sub-accounting technology and full operational business process outsourcing, eliminating barriers to fund transparency, helping to maximize assets, and mitigate risk for broker-dealers of all sizes. By outsourcing core brokerage operations to SS&C, our clients rely on us to provide better oversight and more efficient processing, including account maintenance, trade operations, cashiering, and tax reporting.Role OverviewAs a member of Trade Operations, the Brokerage Operations Specialist is responsible for ensuring the timely and accurate execution of mutual fund transactions. This position will require research, analysis, and response to a variety of situations and making critical decisions in a time constrained environment. A successful candidate will possess superior decision making, time management, and communication skills as well as a keen attention to detail. The best candidates will have the ability to think out of the box, to navigate complex internal processes and functions, and be able to offer practical solutions.Core ResponsibilitiesMonitor processing of mutual fund trades and mitigate market exposure.Secure price protection from Fund intermediaries through phone, fax, web portal or letter of indemnity.Respond to inquiries regarding trade status or to initiate trade corrections.Build and maintain a high quality and professional working relationship with broker-dealers, mutual fund companies, financial intermediaries, and internal business units.Perform reconciliation of omnibus mutual fund positions and subaccount transactions.Identify and resolve pre-settlement discrepancies resulting from rights of accumulation adjustments.Create and deliver reports on rejected or manually processed trades and corrective actions.QualificationsBachelor's Degree required, focus in Accounting, Finance, Economics, or Business Administration is preferred.Familiarity with Brokerage Platforms (Refinitive, Phase 3, Broadridge) a plus.Proficiency with Microsoft Excel - PivotTables and Formulas required.Location:Edina MinnesotaSS&C is an equal opportunity employer and values a diverse and inclusive workplace. All qualified candidates will receive consideration for employment without regard to age, race, color, religion, genetic information, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. For more information about Equal Opportunity in the Workplace please click here and here. SS&C is committed to working with and providing reasonable accommodation to job applicants with disabilities. If you are a qualified individual with a disability and need an accommodation or accessibility assistance to complete the online application, please contact us at for assistance.

Keywords: SS&C, Minneapolis , Brokerage Operations Specialist II, Other , Minneapolis, Minnesota

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