Senior Associate - DTC Settlements (Hybrid-Flexible Options)

At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you're passionate about developing your career, while helping others along the way, come join the Broadridge team.

Are you seeking a position within a growing company? Broadridge is hiring! Our mission is to attract, develop and retain outstanding talent. Being a place where exceptionally driven and hardworking people want to work is how we deliver award-winning services to our customers and ultimately build customer value. We're seeking a Supervisor-DTC Settlements to join our stellar team!

We are made up of high performing teams that meet in person to learn and collaborate as needed. This role is considered hybrid, which means you'll be assigned to a Broadridge office and given the flexibility to work remote.

Responsibilities:

• Lead and supervise Depository Trust and Clearing Corporation (DTCC) Settlement functions and related processes such as Buy-Ins, Prime Broker and Vault for US resources with responsibilities governing off-shore resources.
• Oversee team leads, and associates in the DTC Settlements area. Coach and mentor staff with responsibilities include providing constructive feedback, conducting annual performance reviews, managing salary and bonus budget for the group.
• Facilitate development of Broadridge's Settlement tools such as Global Framework (GFW), Broadridge Exception Event System (BEES) and Universal Dashboard by providing operational expertise and conducting user acceptance tests (UAT).
• Drive financial growth and achieve team revenue targets. Meet prospective clients to add new business to Broadridge product suite such as 'Brokerage Processing Services' (BPS) for equity trade settlement and 'Impact' for Fixed Income trade settlement.
• Represent Broadridge Operations team in various industry level initiatives such as CAGE Focus Group, SIFMA (Securities Industry and Financial Markets Association) Committee for Fails Management and NSCC (National Securities Clearing Corporation) BuyIns Committee for Buy-Ins operations.
• Accountable for daily operational functions. Address daily operational escalations from clients as a result of system or human error and resolve them in a timely manner. Also communicate the issue, solution and plan of action for future avoidance in a timely manner to both the internal and external parties.
• Mitigate Financial risk and market exposure for clients by proactively addressing unsettled trades with high Mark to Market (MTM) exposure and by monitoring suspense account activities.
• Identify and implement Robotic Process Automation (RPA) on processes within the DTC Settlements area to deliver value-add services to the clientele.
• Participate in recruitment process by conducting technical interviews, devise training plan for new associates, supervise and track their progress via various metrics.
• Conduct internal and external training programs on Broadridge products such as GFW, BPS, BuyIns System and Universal Dashboard that are heavily used within the Settlements department.
• Implement and maintain quality controls by ensuring Written Supervisory Procedures (WSP) is adhered by the group.
• Develop and maintain Standard Operating Procedures (SOP) for training purposes, for reference during critical issues and for seamless operations.
• Coordinate and communicate with support functions such as HR, IT and Finance for system related, project related and team related functions.

Qualifications:

• 5+ years of trade settlement-DTC experience
• Proficient in MS Office Suite
• Ability to lead others and deal with conflict resolution
• Series 99 preferred
• A self-starter with keen attention to detail
• Ability to work under tight deadlines and multi-task
• Quick-learner that can adapt to a growing business
• Ability to maintain a positive relationships with clients and internal associates alike
• Excellent verbal and written presentation skills
• Proven knowledge of operations products and processes
• Strong customer service orientation & strong prioritization and interpersonal skills
• Experience working in a fast paced, results driven environment
• Bachelor's degree or equivalent

Benefits Information: Please visit www.broadridgebenefits.com for more information on our comprehensive benefit offerings

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Disability Assistance

We recognize that ensuring our long-term success means creating an environment where everyone is welcome, where everyone's strengths are valued and where everyone can perform at their best. Broadridge provides equal employment opportunities to all associates and applicants for employment without regard to race, color, religion, sex (including sexual orientation, gender identity or expression and pregnancy), marital status, national origin, ethnic origin, age, disability, genetic information, military or veteran status and other protected characteristics protected by applicable federal, state, or local laws. US applicants: Click here to view the "EEO is the Law" poster. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation in the event you are unable or limited in your ability to use or access the Company's career webpage because of your disability. You may request a reasonable accommodation(s) by calling 888-237-7769 or by sending an email to [email protected].