Posted: June 29, 2024
Who We Are:
Oppenheimer & Co. Inc. ('Oppenheimer') is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.
Oppenheimer's Operations team is seeking an experienced candidate that will support the daily functions of the Government Clearing department with minimal supervision. The role requires someone who will be able to work in a fast paced environment, multitask, and communicate effectively. The ideal candidate will be assisting with supervising the function and staff within the Government Clearing department.
Responsibilities:
- Utilize the Fed Book Entry System (Bony BDC) for daily work
- Monitor all clearance screens for discrepancies
- Research GSD and MBSD discrepancies
- Research and reconcile BDC with IMPACT and Finet
- Communicate with traders and sales staff to reconcile trade problems
- Balance daily work
- Determine correct delivery instructions for counterparties
- Reconcile and redeliver DKs
- Coach junior staff and contribute appropriate, relative knowledge and experiences to aid, assist and/or support the day's workload
- Support senior staff with workload as well as participate in two-way knowledge transfer
- Demonstrate first rate client service skills; escalate issues to supervisor, as appropriate
- Other functions and tasks as assigned
- Work independently and cooperatively within specified section
- Comply with section policies, procedures and escalation protocols
- Train and/or transfer knowledge to direct reports, as required
- Demonstrate first rate client service skills; escalate issues to Section Manager, as appropriate
Requirements :
- High School diploma or equivalency; college degree preferred
- 5+ years' experience in the Financial Services industry
- Working knowledge of Fed Book Entry securities settlement, Impact, FinPro, MBSE and RTTM
- Initiative and willingness to learn or assume new responsibilities
- Excellent problem-solving skills
- Strong written and verbal communication skills
- Outstanding organizational skills with a high attention to detail
- Proficient in MS Office (Outlook/Word/Excel)
Compensation:
For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. The current base salary offered for this role is $75,000.00 per year. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.
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Read the full job description and apply online on the recuiter's web-site
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