Operations Specialist (DTC) - Oppenheimer & Co. Inc.
New York, NY 10004
About the Job
Who We Are:
Oppenheimer & Co. Inc. (“Oppenheimer”) is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.
Job Description
Oppenheimer's Operations team is seeking an experienced candidate that will support the daily functions of the DTC department in our New York office. The role requires someone who will be able to work in a fast paced environment, multitask, and communicate effectively. The ideal candidate will be able to work independently and have a collaborative mindset to work as part of a team.
Responsibilities:
- DTCC (Depository Trust Clearance Corporation)
- DTCC settlements
- Balance and correct DTCC positions and cash versus our books & records on a daily basis.
- Generate, reconcile and record reports to Section Manager
- Ability to maneuver through Participant Web
- Work independently and cooperatively within specified sections
- Comply with section policies, procedures and escalation protocols
- Assistant to department manger
- Other functions and tasks as assigned
Qualifications:
- Experience or knowledge of DTCC preferred
- Bank loan, funding and Syndicate experience is a plus
- Experience working in Financial Services
- College is preferred, not required
- Possess a high degree of proficiency with technology including MS Office products (Word, Excel, and Outlook)
Compensation:
For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $55,000.00 - $65,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.