Associate- Deposit Operations

Associate – Deposit Operations

We’re seeking an Associate for Private Banking Operations‑Collateral Middle Office to provide operational support by completing items that encompass a wide range of operational, credit and market risk management responsibilities within securities‑based lending collateral management.

The role operates within the Operations division, partnering with business units across the firm to support financial transactions, devise and implement effective controls, and develop client relationships. This analyst‑level position within Product Support & Services is responsible for transaction support and managing post‑execution processes.

• Process transactions/tasks within coverage area
• Respond to client requests with accuracy and speed, ensuring compliance with all policies and procedures
• Follow escalation framework, taking responsibility for identifying, escalating and preventing issues
• Raise issues, question others and offer solutions/ideas
• Analyze large datasets to identify risk, exposure, and anomalies
• Develop strategic solutions for new products and controls to support reporting, stress testing, and risk mitigation
• Collaborate with Margin Managers, Credit Risk, Technology, and field teams
• Interpret new FINRA directives and assess their impact on firm policies and procedures

• Ability to build trust and find innovative ways to improve teamwork, functions/processes, and create a positive work environment
• Understanding of the supported business area, client requirements, and importance of not compromising controls to comply with client requests
• Cultural carrier across Operations, embracing the firm’s core values
• 1–2 years of relevant experience
• Proven track record of achievement and the ability to take initiative in a dynamic environment
• Familiarity with financial markets and the current regulatory landscape
• Strong written and verbal communication skills, with the ability to convey complex information to diverse audiences
• Adaptability to multiple functions, including line work, projects, and process improvement initiatives
• Ability to drive process enhancements and efficiency improvements
• Proficiency in Microsoft Office Suite, particularly Excel and Power Point
• Strong proficiency in Python
• Growth mindset with a commitment to continuous learning
• Ability to perform under pressure and meet deadlines
• Excellent organizational and time‑management skills
• Self‑motivated with a strong sense of accountability
• Positive attitude and collaborative approach

We are an equal opportunity employer committed to diversifying our workforce (M/F/Disability/Vet).