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Trust Analyst

FIS

FIS

Trust Analyst

Quincy, MA +1 location
Full Time
Paid
  • Responsibilities

    Job Description

    Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

    About the team

    The Trade Specialist ensures all manual instructions from clients and automated instructions from the Depository Trust and Clearing Corporation (DTCC) are received in good order to allow for timely settlement.

    What you will be doing

    • Processes all DTCC confirm and affirm files based on established schedule.
    • Matches broker confirms to trade ticket on trust accounting system identifying/escalating all exceptions.
    • Affirms trades by DTCC deadline to allow for automated settlement or, if past deadline, manually deliver shares on settlement date.
    • Ensures all manual trades and deliveries are processed correctly and timely.
    • To ensure straight through processing, proactively identifies exceptions that may cause issues with settlement and communicates exceptions to business lines.
    • Initiates wires for daily net settlement and makes appropriate entries to internal accounts.
    • Monitors large wires and ensures timely approval by management and supervisors.
    • Identifies and logs failed trades, communicates status to the business lines and escalates when necessary to prevent buy-ins.
    • Monitors all workflows and request queues (QForms, Sharepoint, Email) and responds within the defined service level standard.
    • On a daily basis, monitors all control accounts for exceptions.
    • Reviews and clears all cash exceptions and share reconciliation items.
    • Generates trade advices for mailing/emailing to clients.
    • Provides monthly, weekly or ad-hoc reports for manager.
    • Participates with other team members in reviewing and assessing current practices and procedures.
    • Participate in monthly storage procedures for department.
    • Other related duties assigned as needed.
  • Qualifications

    What you bring:

    • High school diploma or GED. Associate’s or Bachelor’s degree or the equivalent combination of education, training, or work experience preferable.
    • Proficient in the use of basic office equipment and tools as well as applications specific to trust systems/processes
    • Requires strong problem-solving, time management, organizational and data entry skills
    • Requires attention to detail and the ability to multi-task and adjust schedules to meet deadlines
    • Ability to work in an organized manner
    • Ability to maintain confidentiality
    • Ability to communicate effectively verbally and in writing
    • Team skills, including the ability to establish and maintain effective working relationships with employees, clients and public

    What we offer you

    • A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
    • A broad range of professional education and personal development possibilities – FIS is your final career step!
    • The chance to work on some of the most challenging, relevant issues in financial services & technology
    • Time to support charities and give back in your community

    Privacy Statement

    FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

    EEOC Statement

    FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

    For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

    Sourcing Model

    Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

  • Industry
    Information Technology and Services
  • Locations
    Quincy, MA • Detroit, MI
  • About Us

    With a 50-year history rooted in the financial services industry, FIS™ is the world’s largest global provider dedicated to financial technology solutions. We reach well beyond geographical and cultural borders in countries throughout the world. Our work and vision continue to expand with a strategy that has given FIS one of the most comprehensive solution sets in its industry. FIS is a Fortune 300 company and is a member of Standard & Poor’s 500® Index.