Custody Operations Specialist

This is a fully remote position, open to applicants in India.

📋 Description

• Review and document cash and in-kind asset transfers within the trust accounting system.

• Collaborate with sub-custodians to finalize trades from booking to settlement for mutual funds, stable value funds, and ETFs.

• Conduct reconciliations of invested assets and cash transactions between the trust accounting system and sub-custodian by designated deadlines.

• Collaborate with Implementation Managers and Investment teams to transition new and conversion-qualified plans to the client’s platform.

• Work with receiving record keepers to liquidate and transfer plan assets from the client’s platform.

• Update, maintain, and review client information within CRM systems.

• Ensure cooperation with all internal teams to adhere to expected timelines.

• Assist in creating and maintaining written operating procedures related to assigned responsibilities.

⛳️ Requirements

• You are optimistic, adaptable, creative, team-oriented, results-driven, and possess the ability to effectively collaborate with both internal and external stakeholders.

• Have a solid understanding of the trading and settlement processes for mutual funds, stable value funds, and ETFs.

• Exhibit a strong aptitude for numerical analysis and an understanding of cash and traditional securities reconciliations.

• Show a keen interest in learning, creating, and iterating quickly.

• Be proactive and analytical, with the ability to solve problems and propose effective solutions.

• Demonstrate a high level of organization and reliability.

• Ability to prioritize tasks and manage client expectations effectively.

• Experience with collaboration, project management, and CRM tools such as Google Workspace, Slack, Salesforce, Zendesk, and Jira.

• General knowledge of ERISA rules and requirements, along with experience in one or more compliance/record-keeping systems (e.g., SunGard Relius, ASC, FIS).

• Ability to work during US Eastern Time (7:30am - 4:30pm).

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health, dental, and vision insurance.

• Retirement plan with company matching contributions.

• Opportunities for professional development and career advancement.

• Flexible work environment and schedule options.