Our Client, a Banking company, is looking for a Operations Specialist III for their Dallas, TX/ hybrid location. Responsibilities:

• The Investment and Monetary Controls Teams play a significant role within Global Wealth & Investment Management and Private Bank. Our dynamic department is responsible for the custody and settlement of assets, as well as the invoicing and collection of revenue and sub-accounting services such as recordkeeping. Our teams are relied heavily upon for participation in projects and initiatives that help promote responsible growth for the business and our Clients. We focus on minimizing risk and promoting a positive Client experience. Teams interface daily with Financial Advisors, Investment Managers and Internal and External Business partners to provide all manners of operational support for Merrill Lynch and Private Bank accounts.

• Manages the relationships and sub-accounting services for over 30,497 securities representing domestic and offshore Mutual Fund, Alternative Investment and Money Market positions

• Perform Transfer Agency and Sub-Accounting services that generate over $1 billion dollars on an annual basis

• Resolves Cash and Position discrepancies in over 600 Settlement and Custody ledger accounts for Mutual Funds and Alternative Investments

• Mitigates risk by supporting the accuracy of cash settlement, custody oversight, and dividend distributions for Mutual Fund, Alternative Investment and Money Market positions for U.S. Trust and Merrill Lynch Clients

• Provides Supplemental Data Reporting Services to improve operational efficiency for 74 Fund Groups

• Ensures a positive Client experience by delivering Clearance, Settlement, and Custody Services for 11.4 million domestic and foreign trades, 1.5 million corporate actions and 12.3 million income payments annually

• Monitor and analyze daily outages due to discrepancies for trades, corporate actions and non-trade transactions

• Make sure that Department standards are met and that updates are provided to management through either immediate communication and/or weekly highlights.

• Assist with updates to procedural documentation / process maps, and participate in system testing as needed.

• Participate in internal and Third Party audits

• Manage risk by identifying and escalating items appropriately

• Lead projects and special assignments as needed.

• A subject matter expert in break analysis and ability to assist with the resolution of daily outages

• Collaborative mindset with an ability to partner with internal/external partners to find resolution for inquiries

• Intellectually curious with a mindset focused on deep understanding of business processes supported

• Provide training and guidance to junior team members where necessary

  Requirements:

• Ability to prioritize and handle multiple job related duties efficiently while exercising sound judgment to ensure all quality measurements, deadlines and business objectives are met

• General knowledge of accounting and financial reporting

• Capability to think analytically and apply skill set to manage reconciliations

• Ability to handle multiple deliverables for either daily processing and/or expanded strategic initiatives

• Must have excellent written and verbal communication skills

• Ability to understand and explain workflow including systematic interfaces and the input/output flows of data processes

• Demonstrates attention to detail

• An understanding of technology and the ability to incorporate that understanding into process improvements

• Ability to work independently while effectively managing and finding resolution to complex situations

• Intellectually curious with a mindset focused on deep understanding of business processes supported

• 2-3 years of experience relating to reconciliation, billing, project management, trading and/or managed products service support

• Knowledge of Various Product Types (Mutual Funds, Alternative Investments, Managed Products, etc.) within an operational setting

  Why Should You Apply?

• Health Benefits

• Referral Program

• Excellent growth and advancement opportunities

  As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.