Securities Operations Specialist - Mutual Funds

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Job Description

We are FIS. Our technology powers the world's economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you're ready to start learning, growing, and making an impact with a career in fintech, we'd like to know: Are you FIS?

About the Team

The Mutual Funds team sets up and maintains new mutual fund accounts, reconciles and posts mutual fund trades, as well as ensures all client instructions from the Depository Trust and Clearing Corporation (DTCC) are received in good order to allow for timely settlement.

What You Will Be Doing

• Process automated trades through the NSCC and ensure all manual trades are processed correctly, proactively identifying exceptions that may cause issues with settlement.
• Initiate wires for daily net settlement, monitor large wires, and make appropriate entries to internal accounts.
• Identify and log failed trades, as well as manage trade rejects to ensure price-protection and resolution with mutual fund companies.
• Post trades and match fund confirms to trade ticket on trust accounting system.
• Review, monitor, and clear accounts for exceptions, share reconciliation, and prepare weekly/monthly reports.
• Monitor all workflows, request queues within SLA standards, and generate trade advices for mailing/emailing to clients.

What You Bring

• Associate's or Bachelor's degree in finance, business or related field, or the equivalent combination of education, training, and work experience.
• Typically, at least 5 years' experience in capital markets or asset management, preferably in supporting mutual funds.
• Working knowledge of DTCC, NSCC, financial reconciliations, trade settlements, and trust systems (preferably Addvantage, FundLinx).
• Strong problem-solving, time management, organizational, and data entry skills.
• Excellent communication skills, team player, and ability to establish and maintain effective working relationships with colleagues, clients and management.

What We Offer You

A career at FIS is more than just a job. It's the change to shape the future of fintech. At FIS, we offer you:

• A voice in the future of fintech
• Always-on learning and development
• Collaborative work environment
• Opportunities to give back
• Competitive salary and benefits

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Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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