Newark, NJ, USA
24 days ago
Associate - Operations (Hybrid)

At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you’re passionate about developing your career, while helping others along the way, come join the Broadridge team.

Broadridge is hiring! We’re seeking an Associate of Operations to join our settlements team.  You will have the opportunity to support the operation functions for our top tier clients. 

Responsibilities:

BDC Clearance & Settlements (Treasuries, Agencies, Mortgages)

Fail to Deliver, Fail to Receive, COD/COR, Cash Trades, SEG Movements

Repo/reverse and Sponsored Repo via DLR

IMPACT open items resolutions for 15c3, DKs, Reversals

FICC/GSD/MBSD/GCF activities

Process pair-offs as required

Stock & Cash breaks reconciliation

Monitor daylight overdrafts and escalate as necessary

Fail control including both cash and securities fails

Establish and modify BNY settlement exception flags

Process GSCC and BNY settlements including processing Fed Wires, drawdowns, repayments and end of-day funding

Process/notify GSCC Margin requirements and facilitate settlements

Manually instruct/process DME’s across depository movements in Euroclear Wire processing

Qualifications:

1+ years of Fed Settlements experience

•Bachelor's degree/equivalent experience

•A driven individual who is looking for self and process improvement

•A willing learner who is open to new ideas and concepts

•Ability to meet and deliver positive work on strict deadlines

•Ability to strengthen bonds and communicate effectively and clearly with both colleagues and clients

•Self-motivated individual who wants to push themselves towards excellence

•A responsible and reliable person personally and professionally

ICI, BDC, RTTM, BPS and iMatch experience as a benefit

Knowledge and Experience with IMPACT, BONY, and Accessedge

Compensation Range: The salary range for this position is between $32.00/hr - $36.00/hr.  Broadridge considers various factors when evaluating a candidate's final salary including, but not limited to, relevant experience, skills, and education.
Bonus Eligibility: Bonus Eligible
Benefits Information: Please visit www.broadridgebenefits.com for more information on our comprehensive benefit offerings.

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We are dedicated to fostering a collaborative, engaging, and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates do their best when they feel safe, understood, and valued, and we work diligently and collaboratively to ensure Broadridge is a company—and ultimately a community—that recognizes and celebrates everyone’s unique perspective.

US applicants: Click here to view the EEOC "Know Your Rights" poster.

Disability Assistance

We recognize that ensuring our long-term success means creating an environment where everyone is welcome, where everyone's strengths are valued, and where everyone can perform at their best. Broadridge provides equal employment opportunities to all associates and applicants for employment without regard to race, color, religion, sex (including sexual orientation, gender identity or expression, and pregnancy), marital status, national origin, ethnic origin, age, disability, genetic information, military or veteran status, and other protected characteristics protected by applicable federal, state, or local laws. 

If you need assistance or would like to request reasonable accommodations during the application and/or hiring process, please contact us at 888-237-7769 or by sending an email to BRcareers@broadridge.com.

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