Senior Operations Analyst - Fiduciary Asset Services

Job Description

*At Franklin Templeton, everything we do is focused on one thing delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 12,000 employees working in 34 countries around the world are dedicated to servicing investment solutions for our clients in more than 160 countries. For more than 70 years our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.What is the Senior Operations Analyst from Fiduciary Securities Services group responsible for

• Responsible for evaluating, monitoring and timely processing Free Receive and Deliver of assets in client accounts, Private Placement processing, Reversals & Backdates, Tax Lot adjustments and Cost Basis Reporting. Require to work on more complex transaction processing within the group. Requires the ability to gather & research information, resolve problems, and work well in daily deadline oriented environment. Also, requires the ability to work on multiple queries at the same time and to keep appropriate personnel informed of current activity and events. This would entail dealing with various internal contact persons, therefore requires good customer servicing skills.
• Processing of Free Receives & Delivers
• Maturity process and collection of receivables.
• Processing transactions related to Private Placements.
• Processing of Open Orders and Distributions
• Understanding Cost Basis Reporting concerns and processing the necessary adjustments.
• Assist in any special projects as requested and assist other staff as necessary.
• Sound knowledge of the financial markets and trade settlements is required. Ability to work with Technology team and various internal sources to ensure all requests are completed with good accuracy and efficiently. Must be well acquainted with Client statements and adhere to the procedures set forth with this job description.
• As experience is gained, the analyst will be able to work with more senior level personnel and fully understand the section function in its entirety.

What are the ongoing responsibilities of a Senior Operations Analyst Oversee and process all requests in the GMB and completing them with daily deadlines related to Fixed Income, Free Receives & Delivers and Private placements:

• Follow up with staff and ensure all processes are completed accurately and timely.
• Take action on any items requiring follow up and ensuring necessary personnel are notified.
• Review and approve foreign/International payments which are submitted for repatriation.
• Escalate with Custodian on discrepancies which are identified in Fixed Income payments.
• Research and assess the security setup in our systems if coupons bonds are paying differently than the scheduled.
• Evaluate the second scouring of corporate action for payments which are in discrepancies; post thorough analysis make necessary adjustments in our systems or challenge the custodian accordingly.
• Review the Promissory Notes payments against the scheduler and ensure payments are processed on the due date.
• Reviewing posted free receives transactions in client accounts with accurate cost details & outgoing assets to other custodian (Domestic & Global assets)
• Reconciling assets and cash breaks with custodian records and in case of discrepancies, need to work with TACC work to understand the outstanding items and making necessary adjustments for closure.
• Reviewing Maturity processing and make sure receivables are cleared as per custodian reports
• Verification of Interest payments processing which are associated with Maturity
• Private Placement security book keeping of records in client accounts.
• Working on other tasks like - weekly break escalation report, team work stats.
• Processing of volumes were additional work is received in daily activities.
• Will back up supervisory activities to oversee team in absence of the supervisor.
• Responsible to preparing training schedule for new hires and then executing accordingly.

, *What ideal qualifications, skills & experience would help someone to be successful

• Education Requirement MBA (Finance) and accounting domain necessary.
• 5+ years experience requirement relevant experience in the securities settlements process.
• Detail-oriented
• Background in finance desirable
• Experience in related line of business desirable (trade settlements, corporate actions, securities processing)
• Excellent verbal, written and interpersonal communication skills
• Ability to work independently and as a member of a team which includes the ability to be flexible and adaptable, and take initiative on one s own
• Innovative thinking
• Strong communication skills required both oral and written
• Heavy interaction with many US sites ability to communicate well in English
• Proficient in MS Office Applications
• Ability to analyze complex situations and generate brief conclusions
• Ability to manage multiple priorities and tasks
• Ability to learn new technology and systems, and adapt to a rapid pace of change

Problem Solving And Decision Making:

• Ability to solve complex problems on a regular basis.
• Uses detailed reports and data to identify errors, omissions, inconsistencies, or trends
• Must be able to make quick decisions and implement, while still being thorough

What makes Franklin Templeton Investments unique In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.Highlights of our benefits include:

• Professional development growth opportunities through in-house classes and over 150 Web-based training courses
• An educational assistance program to financially help employees seeking continuing education
• Medical, Life, and Personal Accident Insurance benefit for employees. Medical insurance also covers employee s dependents (spouses, children and dependent parents)
• Life Insurance for protection of employees families
• Personal accident insurance for protection of employees and their families
• Personal loan assistance
• Employee Stock Investment Plan (ESIP)
• Onsite fitness center, recreation center, and cafeteria
• Cricket grounds and gymnasium
• Library
• Health Center with doctor availability
• Tuition Assistance Program
• ATM on the campus

Franklin Templeton Investments is an Equal Opportunity Employer. We invite you to visit us at http://www.franklintempletoncareers.com/ to learn more about our company and our career opportunities. Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need a workplace arrangement to search for, or apply for, one of our positions please send an email to accommodations@franklintempleton.com. In your email, please include the arrangement you are requesting and the job title and job number you are applying for. We will review the request and make a best effort to enact the arrangement. It may take up to three business days to receive a response to your request. Please not that only requests for arrangements will receive a response.

Keyskills :
client accountstrade settlementspromissory notesms officebook keepingcost basis reportingcorporate actionscost basisspecial projectsfixed incomefitness centerfixed income derivativesnew hires