BCI - Brokerage Consultants Ltd.

Our Focus: Financial Services

We connect the right people with the right positions throughout the financial community.

  • Asset Management
  • Alternative Investments
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Brokerage Consultants - Financial Recruiting

Tap our resources.

They run deep. Since our inception we've kept our focus trained exclusively on the financial industry, and we've built a vast network of contacts in the process. Let us put those resources to work for you. We'll connect you with the most current job openings at the most desirable companies in Chicago or nationwide.

Job Order:
277-2

Job Type:
Permanent

Title:
Supervisor of Traditional Asset Operations (277-2)

Location:
Oak Brook, IL

Description:
Privately owned firm providing custody solutions for alternative
assets/investment accounts/retirement funds seeks Supervisor for team
processing/reconciling all activity and transactions associated with
publicly traded stocks, bonds, and mutual funds (traditional assets).

RESPONSIBILITIES:
Monitoring and executing trades, processing dividends, corporate actions,
liquidations, transfers and physical certificates
Balancing daily settlements and reconciling positions with sub-custodians
Ensure adherence to Company policies and procedures while directing
valuation activities
Supervise all activities and performance of the Traditional Asset Operations
team including workforce management and intake/division of work, SLAs, and
operational metrics
Review and approve transactions, correspondence and other work generated by
the team
Participate in annual audit activities with external auditors for items
related to Traditional Asset Operations
Assist the team with complex issues and other work as required
Effectively analyze, problem-solve and make decisions
Design and implement procedure and ongoing process improvements to maximize
efficiency, accuracy and control, optimize resources and drive automation
Establish and maintain documentation associated with all policies,
procedures and activities
Monitor and maintain transaction and other activity metrics for departmental
planning and periodic reporting to management
Oversee and perform system tests and maintain current test plans to ensure
that new system releases are properly reviewed
Develop, train and coach team members, and prepare periodic employee
performance evaluations
Develop and maintain a positive and equitable work environment
Respond to inquiries from and maintain effective relationships with internal
departments, investment sponsors, and clients
Effectively communicate with Manager regarding departmental activities and
issues
Maintain confidentiality of private and sensitive information
Lead departmental meetings
Review resumes and interview potential candidates for open positions
Other responsibilities as assigned

REQUIREMENTS:
Bachelor’s degree in accounting or finance
5-7 years’ experience in financial services, including 2-3 years’
supervisory experience
Experience with processing, reconciling and valuing alternative investments
Ability to: foster development in others, effectively communicate
verbally/in writing, make complex ideas easily understandable; problem
solve/propose resolutions, understand the big picture and dive into details;
multi-task and work effectively with various situations/individuals/groups;
work well under pressure
Must be proactive/analytical and optimistic with positive/flexible attitude
and strong aptitude for numbers and reconciliations (reconciling positions
and settlement); must have excellent organizational/project management
skills and strong computer aptitude with proficiency in MS Office
Must have strong working knowledge of trust accounting systems, internal
tracking systems, and book-entry system
Ability to maintain highest quality of service and operate with sense of
responsibility/conscientiousness in delivering results
Knowledge of custody and IRA rules/requirements, investment and IRA tax
requirements/reporting preferred


Category:
Alternative Investments // Asset Management // Banking // Broker Dealer

Contact:
jordan@bcius.com