Operations Associate -Fixed Income Settlements

What You'll Be Doing

The Operations Associate is responsible for aiding in driving departmental results for the Fixed Income Settlements Team. This position requires the ability to gain a sound understanding of department subject matter, including reviewing open trades and ensuring proper exchange of money and securities occurs. This role will require collaboration among team members to execute departmental objectives under direct supervision while following established procedures.

• Accurately perform job duties as provided by leadership while adhering to departmental procedures and guidelines.
• Proficiently process, create, and enter data into systems to be utilized by Financial Advisors and branch staff.
• Identify potential problems or issues and elevate to department leadership if necessary.
• Develop effective communication skills within the department.
• Provide timely updates on the progression of job responsibilities to leadership.
• Demonstrate the ability to work collaboratively within a team.
• Maintain accurate records of unsettled trades and proactively follow up until settlement is confirmed.
• Inquire about trades with other departments to determine reasons for delayed settlement.
• Obtain foundational knowledge of fixed‑income settlement regulations and complete all required trade documentation in compliance with regulatory standards.

• Demonstrate ability to attain a general understanding of industry rules, regulations, and Stifel policies that pertain to the department.
• Strong attention to detail to minimize risk to the firm.
• Initiative and self‑direction when performing tasks, with the ability to organize and prioritize effectively to meet deadlines.
• Ability to handle large workloads that vary during heavy volume periods.
• Ability to work autonomously throughout the day based on performance criteria provided by leadership.

• Minimum
  
  Required:
  
  Bachelor’s Degree or equivalent experience.
• Minimum
  
  Required:
  
  0-2 years of professional business‑related experience.

• Proficient in Microsoft Office Suite, including Outlook, Word, Excel, and PowerPoint.

Stifel offers an entrepreneurial environment and a comprehensive benefits package that includes health, dental, and vision care, 401’k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.