Calculated Hire · 1 week ago
Investment Banking Specialist
Charlotte Metro
Contract
Hybrid
Senior Level
$42/hr - $55/hr
7+ years expCalculated Hire is in search of a Lead Institutional Investment Operations Specialist for a Fortune 100 Financial Services company. This role sits within Corporate Investment Banking Operations and supports the Settlement Operations team, with responsibility for day-to-day operational leadership, complex issue resolution, and oversight of settlement and buy-in activities across domestic and international markets.
Recruiting
No H1B
Hiring Manager
Ariana Atega
Responsibilities
Serve as a primary point of contact for the Settlements Manager, providing real-time status updates and leading day-to-day settlement operations
Provide hands-on leadership for daily settlement and fail control processing across all domestic product types
Lead resolution of complex, multi-faceted operational issues across multiple teams and stakeholders
Monitor internal and external settlement systems with a focus on trade clearance, exceptions, and operational risk mitigation
Act as a liaison between Settlements and internal and external partners including Middle Office, Sales, Securities Finance, Compliance, Repo/Funding desks, counterparties, and vendors
Maintain a high standard of service and collaboration across supported functional areas
Lead projects and industry-related initiatives, ensuring timely execution and delivery
Monitor, manage, and act on regulatory buy-in processes including Rule 204, Reg T, and MSRB requirements
Reduce firm risk by leveraging buy-in processes to remediate fail obligations and segregation deficits
Monitor CNS obligations and liabilities and partner with Securities Lending to resolve short positions and fails to receive
Manage buy-in notices through Smart/TRACK and communicate directly with counterparties to resolve open obligations
Provide coverage for international buy-in obligations across global markets
Maintain and enforce firm policies and procedures related to street buy-in practices
Qualification
Required
Advanced knowledge of institutional settlement operations and buy-in processes
Proven ability to lead day-to-day operations and resolve complex operational issues
Strong risk awareness with experience mitigating settlement, clearance, and regulatory risk
Advanced Excel skills for analytical and reporting purposes (pivot tables, VLOOKUPs, SUMIFs)
Strong written and verbal communication skills with the ability to influence across teams
High attention to detail with the ability to manage time-sensitive, high-volume workflows
7+ years of Institutional Investment Operations experience, or equivalent demonstrated through work experience, training, military experience, or education
Preferred
10+ years of experience in the securities industry with emphasis on buy-ins and international trade settlement
Expert-level knowledge of DTCC Smart/TRACK, OW, Settlement Web, BNY, and FINRA
Experience with Broadridge systems including GLOSS, Impact, and BPS
Strong knowledge of domestic buy-in rules including DTC, Fed, and physical clearance
Working knowledge of international buy-in rules including Euroclear, Clearstream, CREST, and local markets
Working knowledge of Prime Broker Operations
Bachelor's degree in Finance or a related field
Basic PowerPoint skills for senior management reporting
Company
Calculated Hire
Calculated Hire is a Staff Augmentation Entry Level Hiring Solutions Managed Services, Accounting Finance, Compliance Marketing, etc.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase