Custody Operations Specialist - Freelance Project

The role

This role supports processes that facilitate conversion plans that onboard to the client's platform. You will collaborate cross-functionally to enhance the onboarding experience and provide service to plan sponsors.

What you will do

• Review and record cash and in-kind asset transfers in the trust accounting system
• Work with sub-custodians to settle trades for mutual funds, stable value funds, and ETFs
• Perform reconciliations of invested assets and cash activity between the trust accounting system and sub-custodian
• Coordinate with Implementation Managers and Investment teams to transition new and conversion qualified plans
• Coordinate with receiving record keepers to liquidate and transfer plan assets
• Update, maintain, and review client data within CRM systems
• Ensure collaboration with all internal teams to meet expected timelines
• Support the creation and maintenance of written operating procedures

Required qualifications

• Optimistic, flexible, creative, team-oriented, results-driven
• Ability to effectively collaborate with both internal and external stakeholders
• Good understanding of how mutual funds, stable value funds, and ETFs trade and settle
• Strong aptitude for numbers, and understanding of cash and traditional securities reconciliations
• Affinity for learning, creating, and iterating rapidly
• Proactive and analytical, able to problem-solve and propose solutions
• High degree of organization and dependability
• Ability to prioritize tasks and manage client expectations

Nice to have

• Experience with collaboration, project management, and CRM tools such as Google Workspace, Slack, Salesforce, Zendesk, and Jira
• General knowledge of ERISA rules and requirements
• Experience with one or more compliance / record-keeping systems (e.g. SunGard Relius, ASC, FIS)

About the company

agency