Custody Clerk Overview • The Custody Clerk role offers a dynamic opportunity to manage securities processing, including DTC, FRB, and ACATS transactions. • Collaborate within a hybrid work environment to ensure accurate asset movements and reconciliation. • Contribute to a fast-paced team handling high transaction volumes with precision and efficiency. • Engage with internal departments and external custodial systems to support seamless operations. • Leverage your analytical skills to identify and resolve discrepancies in securities processing. • Utilize advanced systems knowledge, including Microsoft Suite and trust accounting systems, to optimize workflows. • Develop expertise in corporate actions, income processing, settlements, and reconciliations. • Enhance your career in financial services with opportunities for learning and growth. Custody Clerk Key Responsibilities & Duties • Process and verify securities movements, ensuring compliance with industry standards and internal protocols. • Research and resolve discrepancies in securities transactions, collaborating with team members effectively. • Manage updates to non-marketable asset values and physical securities documentation. • Coordinate DRS/DWAC processing and third-party mutual fund transactions via NSCC. • Interact with transfer agents to facilitate asset movements and position reconciliations. • Support income payment processing and ensure timely settlements. • Recognize and escalate risks associated with asset movements to management. • Utilize internal and external trading applications to streamline securities operations. • Maintain superior organizational skills to manage multiple tasks efficiently. Custody Clerk Job Requirements • Bachelor of Arts (BA) degree with a focus on financial services or related field. • Minimum 2 years of experience in securities operations; 10 years preferred. • Proficiency in Microsoft Suite, trust accounting systems, and custodial bank systems. • Knowledge of corporate actions, income processing, settlements, and reconciliations. • Strong analytical and critical thinking skills to resolve complex issues. • Ability to work in a hybrid environment and adapt to fast-paced operations. • Excellent written and verbal communication skills for effective collaboration. • Motivated self-starter with a results-driven approach to tasks. • Willingness to learn and utilize internal and third-party applications.