KeyBank · 6 hours ago
Operations Depository Trust Company (DTC) Settlement Analyst
Brooklyn, OH
Full-time
Hybrid
New Grad, Entry Level
$48K/yr - $72K/yr
0+ years expKeyBank is a financial services company seeking an Operations Depository Trust Company (DTC) Settlement Analyst. The role involves the accurate and timely settlement of various trades and providing support to management and team members in a fast-paced investment environment.
Banking
Responsibilities
Deliver out sales of securities through the Depository Trust Company according to industry and department deadlines
Settle purchases of securities through the Depository Trust Company according to industry and department deadlines
Resolve settlement problems and issues through analysis and collaboration with both internal and external parties
Balance trade settlement activity through DTC according to department deadlines
Perform the net settlement process with DTC according to department and industry deadlines
Responsible for developing and maintaining relationships with multiple stakeholders, including external clients, line of business partners, investment managers, and operations personnel
Research and resolve issues as they arise
Take a leadership role in operational projects and client requests
Update and maintain policies and procedures
Perform quality control review on team members’ work
Provide training for new employees and daily guidance to other analysts as assigned by Section Manager
Research and resolve trade exceptions and failed trades through coordination and follow-up with investment managers and/or brokers and other Investment Ops areas on a timely basis
Ability to identify issues and effectively research and resolve problems, including definition of root cause
Act as a back-up to other team members
Support team with approvals, reversals, and end of day activities
Ability to handle multiple tasks at the same time, and meet tight trading deadlines
Perform other duties as assigned; duties, responsibilities, and/or activities may change, or new ones may be assigned at any time with or without notice
Comply with all KeyBank policies and procedures, including always acting professionally, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key
Participate in Business Reviews and Continuous Improvement initiatives
Provide problem solving ability as well as support to others with problem solving
Provide proactive client service
Work in a team environment and implement continuous improvement initiatives to increase quality, speed and productivity within the department
Qualification
Required
Bachelor's degree in Accounting, Finance or business-related area or equivalent work experience
0+ years minimum experience in the financial services industry (could include internships, involvement in school programs, etc.)
Experience working with Microsoft Office Products (Excel, Word) required
Basic - Intermediate Excel skills required (VLOOKUP's, Subtotals, etc.)
Ensures accurate and timely settlement of equity, fixed income, repo, options, swaps, and futures transactions
Identifies, researches, and resolves trade exceptions, failed trades, and reconciliation breaks quickly and accurately
Applies strong analytical skills and attention to detail to evaluate issues, determine root causes, and recommend solutions
Builds effective relationships with investment managers, brokers, internal partners, and external clients to support smooth operations
Updates, maintains, and follows operational policies and procedures while supporting automation and continuous improvement
Performs reviews on team members' work to ensure accuracy, consistency, and adherence to standards
Trains new employees and provides daily guidance to analysts to support team development and operational excellence
Manages multiple priorities simultaneously and meets tight trade and settlement deadlines in a fast‑paced environment
Provides proactive, high‑quality service to internal and external clients, ensuring timely support and issue resolution
Uses Microsoft Excel (VLOOKUP's, Subtotals) and operational systems (e.g., Global Plus) to process, reconcile, and analyze trade data effectively
Preferred
Investment Operations experience, preferred
Benefits
Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Company
KeyBank
At KeyBank we’ve made a promise to our clients that they will always have a champion in us.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Chris Gorman
Chairman, Chief Executive Officer, and President, KeyCorp
Holly Santoro
Executive Administrator to the Chairman & CEO
Recent News
2023-08-28
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