Global. DTC/Fed Add your resume and apply to jobs with your Glassdoor profile. Create Profile. Job. Bessemer Trust is seeking a Head of Securities Operations to manage the 30+ person custody (securities) operations team. The preferred applicant has experience managing complex business processes, a strong control mindset and experience in financial services. The Head of Securities Operations is expected to be an agent of change, constructing and leading strategic initiatives related to team structure and processes. They oversee teams managing all components of securities operations including asset transfers, trade settlement, mutual fund processing, corporate actions, income processing, class actions, proxy and reconciliations.. Responsibilities include:. Managerial oversight of all custody (securities) operations functions on a day-to-day basis: asset transfers, trade settlement, mutual fund processing, corporate actions, income processing, class actions and reconciliations.. Administrative oversight of 30+ custody associates, 4 being direct reports - each leading key operational functions. Develop and execute tactical and strategic plans to support the overall custody team and operational processes. Management of complex business processes. Designing and implementing multi-factor controls. Oversight of internal and external audits. Primary point of contact for custody stakeholders including senior management, client and wealth advisors on matters related to custody. Oversight of custodian/sub-custodian day to day relationships. Lead technical and operational projects that are necessary to support ongoing custody challenges. Detailed knowledge of the following security processes:. Settlements. Corporate Actions/Income Processing. Asset Transfer/ACATS. Reconciliations. Familiar with the following security types:. Equities. Fixed Income. Foreign Exchange. Mutual Funds. Options / Futures / Swaps. Familiar with the following Functions:. Trust Accounting. Implementation of new or modified systems, processes to enhance efficiency or mitigate risk. Direct oversight of critical custody functions. Direct management of custody function managers. Ensure that custody processes comply on an ongoing basis with regulatory and internal standards. Serve on internal committees and boards. This role is responsible for the day-to-day custody operation (+30 people) and has four direct reports, each the manager of key operational function:. Manager of Asset Servicing. Manager of Settlements. Manager of Corporate Actions. Manager of Oversight, Proof and Control. Qualifications:. Bachelor's degree, with a focus in business, finance, economics preferred. Experience in financial services. Custody operations experience in a leadership role. Trust accounting knowledge. Experience with and understanding of FIS Global Plus system is a plus. Microsoft Office Suite: Word, Excel, Outlook, PowerPoint. Desire to work in a highly collaborative team environment. Temperament to deal with high volume and dynamic environment. Self-starter, highly motivated and creative. Goal and detail oriented. Excellent relationship-building skills and communication skills. Strong analytical and organizational skills. Bessemer is committed to creating a diverse and inclusive environment, and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.. Privately owned and independent, Bessemer Trust is a multifamily office that has served individuals and families of substantial wealth for more than 100 years. Through comprehensive investment management, wealth planning, and family office services, we help clients achieve peace of mind for generations. The firm oversees more than $100 billion in assets for approximately 2,200 relationships. Associated topics: fiduciary, finance, financial advisor, financial planner, financial security, investment analyst, merchant service, payment, personal banker, security
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.