Operations Trade Reporting Associate

    • Job Tracking ID: 85444-302868
    • Job Location: TBD, Open
      Omaha, NE
    • Job Level: Any
    • Level of Education: Any
    • Job Type: Full-Time/Regular
    • Date Updated: 03/13/2020
    • Years of Experience: Not Applicable
    • Starting Date: ASAP
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Job Description

D.A. Davidson Companies is an independent, employee-owned company with a rich history spanning more than 80 years. We are dedicated to conducting our business in accordance with the highest standards of integrity and ethics, and delivering outstanding service to our clients and each other. We support a friendly, open and supportive culture, and encourage candid communication and productive engagement that make our companies and each of us better. Just as we work to improve our clients’ financial well-being, we also work to strengthen local communities—and giving back is one of our core values. You can learn more about our company culture and impact in our latest annual report.

Primarily the position is responsible for performing all duties related to processing reporting obligations required of D.A. Davidson to the FINRA CAT while working effectively with compliance, trading desks, Operations and IT. This position will ensure that reporting information submitted to regulators is complete and accurate. Maintain written procedures for all job functions. This position will become familiar with securities industry rules and regulations pertaining to the various job functions.

Experience and Skills

Qualifications:

* Strong Computer proficiency, specifically Microsoft Outlook, Word and Excel
* Strong organizational and time management skills with attention to detail
* Ability to communicate verbally and in writing in a clear and effective manner
* Familiar with general accounting principles (what is a debit, what is a credit)
* Sound judgment and analytical skills
* Ability to proactively work with both external and internal associates
* Ability to work independently and as a member of a team
* Relate with others in a professional manner in order to accomplish work responsibilities and objectives
* Prior experience in financial services, banking or accounting. Trading experience preferred.

Trade Reporting Duties:

* Communicate effectively with various departments throughout the firm; give notification of failing transactions and work to resolve the issue to successfully settle in timely manner
* Thoroughly maintain documented evidence of procedures followed, noting exceptions and maintain written desk procedures
* Use CAT tools and websites to monitor CAT Reporting
* Research and document CAT Reporting issues and rejects and make necessary repairs
* Submit Electronic Blue Sheet requests on or before due date
* Use OATS tools and websites to monitor OATS Reporting
* Research and document OATS Reporting rejects and mismatches and make necessary repairs
* Perform other duties and special projects as assigned

This position will also be responsible for coordinating efforts between various departments in order to fulfill the support provided by Operations to the Fixed Income business unit. The position reviews Municipal Bonds documentation, confirms the accuracy of data, answers questions and makes inquiries of other departments. Collaboration, timeliness and accuracy are critical characteristics of this position.


Operations Duties Supporting Fixed Income:

* Provide operational support to the Fixed Income business unit as follows:
* Support the eligibility process for new municipal bond issues
* Work alongside investment bankers, traders, and associates to complete the underwriting transactions from purchase date to closing date
* Reconcile trades with outgoing wire requests; responsible for accurate and timely release of large dollar wires to pay for municipal bond purchases
* Monitor cash needed for municipal bond (and other Fixed Income securities) transactions and communicate to the cash department and management
* Become familiar with and understand MSRB and FINRA rules and regulations regarding municipal bond underwriting and trading
* Monitor CD underwriting activities to ensure accurate and timely dissemination of settlement date information; communicate expenditures to accounting
* Perform security count and reconciliation of security positions for the Omaha SID vault
* Communicate effectively with various departments throughout the firm; give notification of failing transactions and work to resolve the issue to successfully settle in timely manner
* Compile transaction figures on a daily and weekly basis and forward to the Cash Management department for processing
* Thoroughly maintain documented evidence of procedures followed, noting exceptions and maintain written desk procedures
* Perform other duties and special projects as assigned

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.