Job summary
Job post source
This job is directly from Oppenheimer & Co. Inc.
Job overview
The Jr. Operations Specialist (DTC) at Oppenheimer supports the daily functions of the DTC department, ensuring accurate settlements and record-keeping in a fast-paced financial services environment.
Responsibilities and impact
The role involves managing DTCC settlements, reconciling positions and cash against company records, generating reports, navigating Participant Web, assisting the department manager, and adhering to policies and escalation protocols.
Compensation and benefits
The salary range for this New York City role is estimated between $55,000 and $60,000, with eligibility for discretionary bonuses.
Experience and skills
Candidates should have experience or knowledge of DTCC, financial services background, proficiency in MS Office, and bank loan or syndicate experience is a plus; college education is preferred but not required.
Work environment and culture
The position requires working independently and collaboratively in a fast-paced environment, emphasizing multitasking and effective communication.
Company information
Oppenheimer & Co. Inc. is a historic middle-market investment bank and broker-dealer founded in 1881, offering a broad range of financial services including brokerage, investment banking, research, and asset management.
Team overview
The candidate will join the DTC department in the New York office, working closely with the section manager and department manager.
Job location and travel
The job is located in Oppenheimer's New York office.
Unique job features
The role involves direct interaction with DTCC processes and systems, providing a specialized operational function within a leading financial services firm.
Company overview
Oppenheimer & Co. Inc. is a leading investment bank and full-service investment firm that provides financial services and advice to high-net-worth individuals, families, corporate executives, businesses, and institutions. The company generates revenue through a variety of channels including wealth management, capital markets, and investment banking services. Founded in 1950, Oppenheimer has a rich history of growth and acquisitions, including the notable merger with Fahnestock Viner Holdings in 2003, which significantly expanded its capabilities and market presence.
How to land this job
Tailor your resume to highlight any familiarity or experience with DTCC operations, settlements, and reconciling financial positions, as this is central to the Jr. Operations Specialist role at Oppenheimer & Co. Inc.
Emphasize your ability to work effectively in fast-paced environments, multitasking skills, and strong communication abilities, as these traits are specifically sought after in the job description.
Apply through multiple channels including Oppenheimer's official corporate careers page and LinkedIn to maximize your chances of being noticed by recruiters.
Connect with current employees or team members in Oppenheimer's Operations or DTC departments on LinkedIn, using ice breakers like asking about their experience navigating Participant Web or how they manage daily DTCC reconciliation tasks.
Optimize your resume for ATS by incorporating keywords such as 'DTCC settlements,' 'financial reconciliation,' 'Participant Web,' 'multitasking,' and 'financial services,' ensuring your resume passes initial automated screenings.
Use Jennie Johnson's Power Apply feature to automate and optimize your application process by tailoring your resume, applying through multiple job portals, and identifying relevant LinkedIn contacts, so you can focus more on preparing for interviews and networking.
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