Buy In Specialist, R-372531RA - Metro Associates

Full-time Onsite

This position offers a hybrid work schedule in the location listed below.

Relocation assistance is not available for this position.

Visa Sponsorship not available for this position

Preferred Location:

550 S. Tryon Street, - Charlotte, NC, 28282

Our Award Winning Client is seeking a Buy-In Specialist to join their Corporate and Investment Banking (CIB) Operations team. This client, renowned for their numerous industry accolades, operates on a national scale.

Key Responsibilities:

• Monitor regulatory buy-in processes and take appropriate actions (204, Reg-T, MSRB).
• Utilize buy-in processes to minimize fail obligations and mitigate firm risk (seg deficits).
• Oversee CNS obligations and liabilities, coordinate with Securities Lending to address short positions and fails to receive.
• Track Smart/TRACK system for buy-in notices from counterparties.
• Engage with counterparties to resolve open buy-in obligations.
• Provide support for international buy-in obligations.
• Develop and maintain firm policies and procedures related to street buy-in practices.
• Oversee client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, and resolve confirmation and ISDA-related issues.
• Lead or participate in moderately complex projects and deliverables.
• Contribute to large-scale planning related to process improvements, procedures, and efficiencies with internal and industry-related initiatives.
• Identify and recommend opportunities for process enhancement and risk control development.
• Lead efforts to resolve multifaceted complex issues.
• Serve as a leader on various projects and internal and industry-related initiatives.
• Conduct in-depth evaluation and analysis of complex functional and operational tasks.
• Exercise independent judgment to guide project deliverables.
• Resolve moderately complex issues and lead the team to achieve functional area projects and process deliverables.
• Leverage in-depth understanding of functions, policies, procedures, and compliance requirements.
• Mentor and support analysts.
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve organizational goals.

Required Qualifications:

• 4+ years of Institutional Investment Operations experience, or equivalent experience demonstrated through work experience, training, military experience, or education.

Desired Qualifications:

• BS/BA degree in Finance or a related field.
• 3+ years of experience in the securities industry with an emphasis on buy-in and international trade settlement.
• Detail-oriented with strong organizational skills.
• Proficiency in Microsoft Excel for analytical purposes (e.g., pivot tables, vlookups, sumifs, etc.).
• Basic knowledge of Microsoft PowerPoint to support group presentations to senior management.
• Strong written and oral communication skills.
• Expert knowledge of DTCC Smart/TRACK system, OW, Settlement Web, and FINRA.
• Expert knowledge of buy-in rules for domestic markets including DTC, Fed, and physical clearance.
• Working knowledge of buy-in rules for international markets including Euroclear, Clearstream, Crest, and various local markets.
• Working knowledge of Broadridge systems including GLOSS, Impact, and BPS.
• Working knowledge of Prime Broker operations.

Job Expectations:

• Monday - Friday with multiple shifts between 6:00 am and 6:00 pm.
• This position offers a hybrid work schedule in the preferred location listed below.
• Relocation assistance is available for this position.
• Visa sponsorship is not available for this position.

Preferred Location:

• 550 S. Tryon Street, Charlotte, NC, 28282

About Our Award Winning Client:

Our Award Winning Client delivers a comprehensive suite of capital markets, banking, and financial products and services. As a trusted partner, they offer corporate and transactional banking, commercial real estate lending and servicing, investment banking, equity and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the nation.

Risk Management:

Employees are expected to support our client's focus on building strong customer relationships while maintaining a robust risk-mitigating and compliance-driven culture. This includes executing all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), following and adhering to applicable policies and procedures, fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Candidate Profile:

Applicants must meet the basic qualifications as outlined in the job description. Successful candidates will have a proven track record in Institutional Investment Operations, demonstrate attention to detail, possess strong organizational and communication skills, and have in-depth knowledge of relevant systems and regulations.

Benefits:

• Generous Bonus Opportunities
• Full-time onsite position with paid relocation assistance.
• Competitive benefits package including health insurance, retirement plans, and professional development opportunities.

Note: Resumes will be maintained in strict confidentiality until such time as we engage in a detailed discussion regarding a specific opportunity, and both parties mutually agree to proceed. We consistently receive new opportunities every day. Should your professional background closely align with the specific requirements of our client, we will promptly reach out to you to initiate further exploration of potential opportunities.