Client Settlements Specialist

Wedbush Securities is one of the largest securities firms and investment banks in the nation.

We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions.

Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.

Our Client Settlement Division is looking to add a Settlement Specialist to our Pasadena team.

include but not limited to:

• Certify receipts for deposit to Depository Trust & Clearing Corp (DTCC) or foreign depositories/custodians (i.e., Euroclear, Canaccord, Bank of America Merrill Lynch, and Citicorp)
• Facilitate the timely and accurate processing of all Mutual Fund trades, corrections, cancellation, rebills, and transfers of accounts
• Assist in handling incoming and outgoing physical certificates for deposit, Vault control, re-registration in Wedbush Street name and break down for delivery needs
• Cross-train across all departmental functions and achieve full proficiency in each role and area of responsibility
• Contact brokers and resolve settlement problems
• Perform other tasks and duties as required and assigned
• Bachelor's Degree from an accredited university preferred
• 2+ years of settlement experience required
• Hands-on experience with DTCC settlement functions, Refinitiv BETA and FIS P3 system experience required
• Familiarity with 144 Legend Removal (SEC Non-Registered Securities)
• Maintain a high degree of accuracy and attention to detail in a constantly changing, deadline-driven environment
• Ability to prioritize competing priorities while working effectively both independently and as part of a team
• Ability to quickly learn and adapt to swings in workload volume and changes in assignments
• Strong verbal and written communication skills
• Experience with and expert knowledge of the depositories/custodians listed above is a plus
• Experience with SunGard Phase 3 and BETA are a plus