Institutional Client Services Senior Specialist
Job Responsibilities:To provide optimal and timely client service to Institutional Clients trading and settling US Equity and Fixed Income. Inquiries are received via telephone and e-mail. To comply with regulatory requirements and account maintenance, in order to eliminate & minimize capital charge exposure daily To develop strong business relationships with ML Global settlement locations, ML Trading Support areas, Client Data Services and other ML departments To understand the Escalation guidelines to promptly address and escalate financial and negative client exposure situations. To perform prematching of future settled trades to ensure accurately and efficient settlement with our clients and clients counterparties. To successfully use time management skills. To participate in special projects as requested by management. Strategically work on streamlining the process to minimize and reduce manual redundancies Qualifications:Minimum of 2 years of Client Service/Settlement experience, a plus Strong organization skills and ability to prioritize and multi task in a fast paced environment Subject matter expertise on US Equity and Fixed Income settlement process, inclusive of Repos, Mortgages, Corporates, Muni. Strong oral and written communication skills to be able to interact successfully with sales representatives, traders, clients, custodian banks and ML regions Working knowledge of Pierce systems, and DTCC a plus. Understanding of Regulatory exposure reporting. Strong analytical skills and trouble shooting abilities. Research and Reconciliation experience a plus Strong sense of teamwork, dedication, and reliability Ability to work extended hours and on weekends and US Holidays, when required, to meet job demands Merrill Lynch is an Equal Opportunity Employer. The Firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law. Please register and apply using this link : Merrill Lynch Careers Company Description: Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies, with offices in 38 countries and territories and total client assets of almost $2.0 trillion.Merrill Lynch offers a broad range of services to private clients, small businesses, and institutions and corporations, organizing its activities into two interrelated business segments - Global Markets & Investment Banking and Global Wealth Management, which is comprised of Global Private Client and Global Investment Management. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide.Merrill Lynch owns approximately half of BlackRock, one of the world's largest publicly traded investment management companies, with more than $1 trillion in assets under management.We're growing our business by helping clients grow theirs.Our client relationships are among our greatest competitive assets. We deepen and enrich these relationships through disciplined growth, innovation, and seamless execution.
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