Job Description

THE CUSTODY OPERATIONS SPECIALIST will be responsible for developing expertise in core Custody Operations activities (pricing, corporate actions, income processing, asset-setup/ maintenance, trade processing and corrections) with the highest level of customer focus, accuracy, speed, and service touch. This position requires strong analytical and problem-solving skills, strong attention to detail, ability to work in a team environment, and a passion for serving financial advisors with a high level of excellence. In this role, the Custody Operations Specialist will need to balance multiple tasks in order to meet tight deadlines.

RESPONSIBILITIES:

• Review, reconcile, apply cost basis to, trade, and allocate in-kind assets received
• Accurately process all income payments including dividends, interest, and principal paydowns
• Process and post all corporate actions both taxable and non-taxable, including but not limited to, stock splits, mergers, spin-offs, name/cusip changes, and stock dividends
• Conduct daily price valuation of securities held in client accounts including obtaining price information from multiple sources, and resolving variances
• Timely, accurate, and consistent processing of security set up and maintenance
• Process trade files from multiple managers and ensure accurate posting of all trades to trust accounting system
• Facilitate trade execution of mutual fund orders through trading tools and direct trade order communication to fund companies
• Accurately process all transaction and data imports from vendors, business partners, and external managers
• Be an active participant in problem resolution process including providing responsive and thoughtful feedback to complex customer facing inquiries

·        Ensure immediate action, research, and troubleshoot all reconciliation outages resulting from transfers, trading, income, and corporate actions

·        Perform audits and controls for the data and valuation integrity of all security information

·        Work effectively as a team member as well as independently  

REQUIRED QUALIFICATIONS:

·        The ability to quickly master multiple business systems and applications

·        Bachelor’s Degree or equivalent work experience

·        Ability to complete daily work/tasks in a timely and efficient manner

·        Excellent attention to detail and a high degree of accuracy

·        Computer literacy with a strong knowledge of MS Office products, with a focus on Excel

·        Excellent interpersonal and verbal/written communications skills

·        Ability to work collaboratively with team members in a fast-paced environment and can effectively prioritize, manage, and identify risk

·        Ability to effectively identify root causes, determine appropriate resolution path, and apply appropriate improvements to prevent problem from recurring

PREFERRED QUALIFICATIONS:

·        1-3 Years Financial Services/Custodial Operations Experience

·        Ability to distinguish between different asset classes, security types, and transaction types

·        Ability to understand and demonstrate knowledge of tax lot accounting and general ledger accounting

Company Description

About The Rockridge Group: TRG is a privately held Limited Liability Company committed to connecting businesses with job seekers. We deliver high quality contingent personnel to our clients using our 3-step collaborative engagement model: Collaborate. We partner with you to understand the unique needs of your business before we propose a solution. Strategize. Based on your goals and staffing challenges, we develop high impact solutions designed for your industry. Engage. We work with your team before, during, and after every engagement to deliver 100% satisfaction. With over ten (10) years experience in the resource solutions sector, principals Greg Donner [link to bio] and Ronald Lom [link to bio] leverage the power of strategic partnership to create a powerful staffing model that improves your quality of hire.