The Custody Department at Bessemer Trust is seeking a Senior Custody Associate for the Settlements Team. The ideal applicant has experience in financial services, custody operations and US and non-US settlements and a desire to work in a highly collaborative team environment.

Experience with the following security processes:

• DTC and FED settlements
• Non-US Settlements across various global markets
• Product knowledge of equities, fixed income, foreign exchange, mutual funds, options, futures, and swaps

Additional responsibilities:

• Troubleshoot, diagnose, and address issues by working with custodians, brokers and counterparties to resolve
• Research and Resolve Settlements breaks / issues
• Ability to work with global custodians
• Able to organize and compile statistics associated with trade settlement volumes and metrics
• Partner with team members on strategic initiatives within the Settlements team
• Cross train on a variety of functions within the Settlements team including margin calculation, proxy and class actions
• Comply with all regulatory requirements
• Expected to be familiar with Bessemer written policies & procedures manual which are provided to new hires
• Familiar with the following function:
• Corporate Actions/Income Processing
• Reconciliations
• Trust Accounting
• Class Actions and Proxy
• Margin

Qualifications:

• 2-4 years of experience in financial services, ideally with US and Global Settlements
• Bachelor's degree, with a focus in business, finance and economics preferred
• Experience working on FIS Global Plus system is a plus
• Proficiency with Microsoft Office Suite: Word, Excel, Outlook, PowerPoint
• Excellent oral and written communication skills
• Organized, detail oriented and able to multi-task