Investment Banking, Capital Markets Operations, Securities Transfer & Settlement (Associate​/Vic[

Investment Banking, Capital Markets Operations, Securities Transfer & Settlement (Associate/Vice President)

Job Purpose:

BTIG is seeking a Capital Markets Operations Associate / Vice President focused on securities transfers and transaction settlement in support of Capital Markets activity and trading. This role is responsible for the end-to-end management of transfer workflows—primarily
DWAC and DRS transfers
—to ensure timely, accurate settlement of transactions across issuers, transfer agents, clearing firms, clients, and internal stakeholders.

The position requires deep familiarity with restricted securities processing, documentation standards, and close coordination with issuer and fund counsel to facilitate settlements. The role also supports critical “flow of funds” coordination for Capital Markets transactions, wire transfer authorization workflows for Venture Capital and Private Equity trading clients, and related clearing firm journals and settlement support.

Duties & Responsibilities :

DWAC / DRS Transfers – Primary Ownership

• Own the operational processing and oversight of
  DWAC (Deposit/Withdrawal at Custodian)and
  DRS (Direct Registration System)transfers for
  all Capital Markets transactions and trading-related settlement
  .
• Manage transfer timelines and status tracking end-to-end; identify and resolve breaks and escalations to protect settlement dates.
• Coordinate transfer initiation, approvals, and delivery requirements across internal teams, clearing firms, and transfer agents.

Transfer Agent Relationship Management

• Serve as the primary point of contact for
  transfer agents
  , maintaining strong working relationships to facilitate efficient processing.
• Manage service expectations and escalation paths with transfer agents; ensure consistent communication and accountability on aged items.
• Partner with internal stakeholders to standardize transfer workflows and documentation expectations by agent and security type.

Documentation Management for Securities Transfers & Restricted Stock

• Collect, review, and manage documentation required to process transfers and restricted securities, including (as applicable):
• Corporate issuer instructions and supporting transfer documentation
• Ensure documentation packages are complete, accurate, and aligned with transfer agent and clearing firm requirements; drive resolution of NIGO items.
• Maintain organized, audit-ready records of transfer requests, approvals, and supporting materials.

Counsel Coordination (Issuer & Fund-Level) to Support Timely Settlement

• Liaise directly with
  corporate issuer counsel
  and
  fund-level counsel
  (VC/PE and other institutional clients) to ensure legal deliverables are coordinated and settlement timelines are met.
• Track open legal items impacting settlement (opinions, legends, representations, required forms) and drive to closure through proactive follow-up and escalation as needed.

Capital Markets “Flow of Funds” & Settlement Coordination

• Manage the
  flow of funds process
  for Capital Markets transactions, partnering with Operations and Finance to ensure appropriate cash movements, settlement readiness, and internal controls.
• Coordinate key settlement milestones and operational readiness across Capital Markets, Syndicate, Trading, Finance, and clearing firms.

Wire Transfer LOA Process (Venture Capital / Private Equity Trading Clients)

• Administer and control the
  wire transfer LOA (Letter of Authorization) process
  for VC and PE trading clients, including intake, validation, and routing per firm policy and required approvals.
• Ensure wire instructions are handled with strong controls and documentation discipline; coordinate with Finance/Operations for timely execution.
• Process and track
  journal requests
  with BTIG’s clearing firms in support of settlement and client servicing needs.
• Investigate and resolve journal-related breaks, mismatches, or timing issues impacting settlement or client positions.

Ongoing Restricted Stock Settlement Management

• Own ongoing restricted stock settlement workflows, liaising with clients, clearing firms, and transfer agents to ensure timely delivery and receipt of securities.
• Monitor aged restricted settlements, proactively identify bottlenecks,…