Key applications used are Fiserv Security APL, MS Excel, MS Access, AWD, Bloomberg, and web-based sponsor trading and trade support applications
Review multiple web portals, work queues and inboxes to ensure outstanding work has been completed by the team
Work directly with SEI to review and resolve escalated items and issues (workflow, technology, etc)
location: San Antonio, Texas
job type: Contract
salary: $30 - 35 per hour
work hours: 8am to 4pm
education: Bachelors
responsibilities:
Responsible for providing service and support to the SMA fixed income and equity portfolio management and sales teams.
Responsible for a wide variety of evolving tasks related to but not limited to this support. Key applications used are Fiserv Security APL, MS Excel, MS Access, AWD, Bloomberg and web-based sponsor trading and trade support applications.
Oversee our 3rd party service provider (SEI) who builds most equity trades, processes our new and terminated account action items and reconciles our accounts with the custodians. We have a large number of controls in place to ensure SEI performs to our standards. The candidate will monitor daily and weekly controls to ensure a high level of service from SEI.
Review accounts in the portfolio management system and ensure that they are coded appropriately at all times.
Review accounts to ensure they are reconciled in a timely manner by SEI and update aged item reporting weekly.
Manage Trade Rotation and SMA Orders: Review block trade orders to implement model account changes, analyze trades for potential violations of account restrictions and communicate block trade orders to the AllianceBernstein trading desk for execution.
Update and communicate Portfolio Management model changes to sponsors
Review account termination requests processed by SEI are in full compliance with client instructions (full liquidation, partial liquidation, and keep as is)
Set up new securities and benchmarks as necessary on Security APL ensuring data matches Bloomberg's security attributes.
Process municipal fixed income trade files and trade allocations using various sponsor web sites.
Regularly monitor assigned accounts for potential restriction violations.
Analyze current holdings of perspective clients to managed account styles and make recommendations to sell or hold securities
Serve as mentor and trainer to staff and internal clients
Tests and provides qualitative and quantitative feedback to management for process changes and enhancements, including workflows, automation initiatives and risk control design
Review and complete error corrections
Conduct independent evaluations of critical processes to ensure that exposure areas are adequately controlled
Lead workflow management to ensure work is completed timely by the team
Review multiple web portals, work queues and inboxes to ensure outstanding work has been completed by team
Quality review of work processed by the team and our 3rd party service provider (SEI), which is sent to trading for execution
Independently develop and test team procedures
Lead onboarding initiatives of new relationships with SEI, State Street and internal stakeholders
Work directly with SEI to review and resolve escalated items and issues (workflow, technology, etc)
qualifications:
Experience level: Experienced
Minimum 6 years of experience
Education: Bachelors
skills:
Microsoft Suite
Fiserv Security APL (1 year of experience is required)
MS Excel (3 years of experience is required)
AWD
Bloomberg
Trade Support Applications (3 years of experience is preferred)
leadership (3 years of experience is required)
customer service
Separately Managed Accounts (3 years of experience is required)
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
