Position: Financial Operations Analyst
Openings: 2
Location: Downtown Lancaster, PA – onsite 4 days/week, remote 1 day (candidate can choose remote day)
Hours: 8:00 AM–4:30 PM, some flexibility
Start: ASAP
Type: 6-month contract-to-hire
Interview: One-and-done onsite interview
Must-Haves
- 1+ years of total work experience in finance, banking, trading, or a related area. Relevant internships can be considered.
- Bachelor's degree required, ideally in Finance, Accounting, Economics, or Business.
- Understanding of financial markets and investment concepts, including some of the following:
- Trading processes, brokers, and settlement locations.
- Stocks, bonds, mutual funds, and money market accounts.
- Private equity, alternative assets, options, or hedge funds.
- General understanding of banking transactions, debits, and credits.
- Familiarity with ACH payments, wires, and posting transactions to client accounts.
- Strong interpersonal and communication skills. Must be comfortable picking up the phone and contacting brokers or other parties to work through settlement issues.
- Strong problem-solving skills and ability to research and resolve issues independently.
- Ability and willingness to learn trade settlements for stocks, bonds, mutual funds, and money market funds, income posting, and asset transfers between financial institutions.
Plus
- Experience with FIS Trust Desk or another trust accounting platform.
- Hands-on trade settlement experience within a bank or brokerage.
- Experience with Bank of New York Mellon (BNY).
- Finance, Accounting, Economics, or Business degree/background.
Day-to-Day Responsibilities
Our financial services client is seeking a Financial Operations Analyst to join their team. This individual will support the day-to-day operations of a fast-paced financial services organization, working across the full lifecycle of investment transactions to ensure trades and client activity are processed accurately and efficiently.
Responsibilities include:
- Process and oversee settlements involving stocks, bonds, mutual funds, and money market funds.
- Manage corporate actions and asset transfers between financial institutions.
- Post and balance thousands of daily transactions, including ACH payments, wires, income, debits, and credits.
- Ensure client accounts and internal systems are accurate and reconciled.
- Work within FIS Trust Desk to support investment and trust operations.
- Investigate trades or transactions that do not settle correctly.
- Research settlement discrepancies, identify the root cause, and work toward resolution.
- Communicate directly with brokers, financial advisors, clients, and internal teams to resolve issues.
- Work closely with a team of 9 other professionals supporting financial advisory operations.
Selling Points
- Stable, well-established financial organization.
- Strong promotion paths and upward mobility.
- Opportunity to gain hands-on investment operations and trade settlement experience.
- Exposure to multiple areas of the investment transaction lifecycle.
- Work alongside an experienced team with opportunities to learn and develop.
- Great opportunity for someone junior looking to build a long-term career in financial services.