Trust Operations Specialist - Trade Support (Birmingham)

Trust Operations Specialist – Trade Support (Birmingham)

Department Summary :

The role of Trust Operations Specialist Trade Support is a dynamic team-based role within Argent's Operations Department. The Operations Department's responsibilities cover activities that support the overall services provided to Argent's clients. Some of the services supported by Operations include (but not limited to), account transfers, asset movement, client deposit and disbursement processing, fund accounting, mail processing, and reconciliation of client and DDA accounts. The Operations Department interacts daily with internal personnel and external institutions.

Job Location : Birmingham, AL

Job Summary :

The Trade Support Specialist will be responsible for the daily reconcilement and settlement of trades with Argent's global depositories. This role serves as a key liaison between trading desks, custodians, external counterparties, and internal operations teams. In this role, you will ensure the timely and accurate processing of trades while efficiently resolving any discrepancies that arise. Additionally, you will be responsible for managing and mitigating risks associated with trade settlement to ensure smooth and secure transactions. The ideal candidate will possess a comprehensive understanding of trade lifecycle management, custody operations, and financial market dynamics, contributing to the smooth execution of trades and operational excellence.

Job Specifics :

• Associate will review and process daily trade orders, and mutual fund trade files.
• Provide Internal / External support to account portfolio managers.
• Perform trade order entry with Argent's global depositories, foreign trade settlements.
• Conduct thorough research and analysis of trade breaks, failed trades and settlement issues.
• Prepare monthly reconciliation and fail report for management.
• Maintain accurate records, documentation, and audit trails of trade activity ensuring compliance with internal procedures and policies.
• Assist with routine audits, internal and external, to provide documentation on activities covered by the respective audit.
• Individual will also be expected to cross train on additional desks within the Trade Support Team.

Knowledge, Skills, and Abilities :

Credentials and Experience :

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