Company Overview:
The company is a prominent stock broking firm committed to providing comprehensive financial services to institutional clients. We are dedicated to excellence, innovation, and client satisfaction. As part of our expansion efforts, we are seeking a highly organized and detail-oriented Institutional Back Office Specialist to join our team.
Position Overview:
The Institutional Back Office Specialist will play a critical role in ensuring the smooth and efficient operation of our
institutional client services. The ideal candidate will have a strong understanding of back-office operations, trade
settlement processes, and a commitment to delivering exceptional service to our institutional clients
Key Responsibilities:
1. Trade Confirmation and Settlement: Confirm trades with institutional clients and counterparties and ensure timely
settlement of trades in accordance with regulatory requirements and market practices.
2. Reconciliation: Perform daily reconciliation of institutional client accounts, cash balances, and positions to identify
and resolve any discrepancies.
3. Client Reporting: Generate and distribute daily, monthly, and ad-hoc reports to institutional clients, providing
them with accurate and timely information on their accounts and transactions.
4. Client Inquiries: Respond to inquiries from institutional clients regarding trade confirmations, settlements, account
balances, and other back-office-related matters in a timely and professional manner.
5. Compliance: Ensure compliance with regulatory requirements, internal policies, and industry best practices related
to back-office operations and trade settlement.
6. Process Improvement: Identify opportunities to streamline back-office processes and improve operational
efficiency through automation and optimization.
7. Collaboration: Collaborate with internal stakeholders, including trading desks, compliance, and technology teams,
to address client needs and resolve operational issues.
