The Securities Services Analyst is a part of the Institutional Banking Shared Services group, which provides operational support across multiple business lines.   With specific exposure to securities settlement and currency movements, the team develops deep subject-matter expertise in trust and custody operations.

 

This role is responsible for the daily settlement of ETF creation and redemption baskets, collateral management, tracking and resolving fails, and clearing trade discrepancies. The team works closely with authorized participants (APs), clearing firms, and internal contacts partners to ensure accurate and timely processing and settlement.

 

The position requires strong knowledge of custody operations and securities settlement.  Prior experience working with the DTCC, Fed, and global trade settlement is a plus. 

How you’ll spend your time:

• Process and settle ETF creation and redemption baskets, including both in-kind and cash components.

• Coordinate with authorized participants, clearing firms, and internal teams to ensure accurate and timely ETF basket settlement.

• Manage daily collateral movements related to ETF activity.

• Perform daily reconciliation of securities positions, cash balances, collateral accounts, and ETF basket activity to ensure accuracy across systems and counterparties.

• Investigate and resolve settlement breaks, fails, and discrepancies in a timely manner.

We are excited to talk with you if:

You possess a college degree 

You have at least two years of financial services or custody operations experience.

You have experience with securities settlement, ETF processing, collateral management, or reconciliation functions.

You demonstrate strong analytical skills and are comfortable working within a market deadline environment.

You have strong communication skills and can effectively partner with internal and external stakeholders.

OR any combination of education and experience that provides an equivalent background

Compensation Range:

$49,510.00 - $95,170.00

The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

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