Associate Trade Settlements

William Blair•Chicago, IL

About The Position

Work with the William Blair Investment Management Trade Operations team, other internal and external parties to support the daily trade processing workflows. Monitor trade communication and settlement for domestic equity, global equity, EMD and FX trades. Provide support of the trade order managements system, as well as the associated interface programs. Execute trade operations processes under the direction of senior staff. Ensure systems accurately reflect daily transactions. Resolve system issues. Respond to questions and issues from the trade team pertaining to trade operations issues. Execute system user training. Perform system maintenance. Maintain procedures manual. Provide suggestions for trade operations policy and procedure improvements. Work with custodians, brokers, and trading operations, throughout the daily trade processing workflows. Respond to questions and issues from the portfolio implementation teams, resolving inquiries in a timely and accurate manner. Monitor trade communication and settlement of domestic equity, global equity, EMD, and FX trades. Research and resolve issues to ensure timely settlement. Provide support for the trade order management systems as well as the associated interface programs. Ensure systems accurately reflect daily transactions. Prepare and distribute various trade related reports. Resolve system issues utilizing internal support or external vendor resources as appropriate. Perform account maintenance on applications that facilitate the trade settlement process, such as set up of new accounts, additions and removal of data, regulator changes, etc. Maintain procedures manual. Provide suggestions for internal policy and procedure improvements. Ensure trade support standards, policies and procedures are followed. Execute cross-training on systems to ensure users understand the trade operations workflows and systems. Additional responsibilities as requested.

Requirements

Bachelor’s Degree required
1-3 years of operations, trading or other industry experience required
Solid problem solving, analytical and comprehension skills
Effective oral and written communication skills and commits to understanding others
Concern for quality
Results orientation
Detail oriented and able to prioritize tasks
Demonstrates initiative and persistence
Commits to satisfying internal and external customers
Proficiency using Microsoft Office products
Exhibits a positive attitude

Responsibilities

Monitor trade communication and settlement for domestic equity, global equity, EMD and FX trades.
Provide support of the trade order managements system, as well as the associated interface programs.
Execute trade operations processes under the direction of senior staff.
Ensure systems accurately reflect daily transactions.
Resolve system issues.
Respond to questions and issues from the trade team pertaining to trade operations issues.
Execute system user training.
Perform system maintenance.
Maintain procedures manual.
Provide suggestions for trade operations policy and procedure improvements.
Work with custodians, brokers, and trading operations, throughout the daily trade processing workflows.
Respond to questions and issues from the portfolio implementation teams, resolving inquiries in a timely and accurate manner.
Research and resolve issues to ensure timely settlement.
Prepare and distribute various trade related reports.
Perform account maintenance on applications that facilitate the trade settlement process, such as set up of new accounts, additions and removal of data, regulator changes, etc.
Ensure trade support standards, policies and procedures are followed.
Execute cross-training on systems to ensure users understand the trade operations workflows and systems.
Additional responsibilities as requested.