The Huntington Securities, Inc. (HSI) Trade Allocation Specialist is responsible for ensuring timely and accurate trade allocations and corrections for institutional clients. This role involves close coordination with internal teams, clients, and external counterparties to manage risk and maintain compliance with regulatory requirements.
Requirements
- 2 or more years of Broker Dealer trade allocations experience or comparable experience
- FINRA Series 7
- Bloomberg/TOMS/CTM
- Strong understanding of securities markets and trading systems
- Experience working with MBS products, including TBA and Pools
- Knowledge of securities regulations, compliance, and industry standards.
- Complete in-depth investigations into all trade corrections, both internally and with clients to create timely resolutions
Responsibilities
- Manage daily trade allocation process
- Identify and work with clients sending manual trade allocations to meet regulatory allocation requirements
- Work with internal teams and clients to facilitate trade corrections
- Process timely and accurate trade corrections
- Conduct thorough research and analysis for all trade corrections
- Utilize a strong understanding of financial markets to identify and mitigate potential operational risks
- Stay up to date on industry regulations and compliance requirements related to trade allocations, corrections, and settlement
Other
- Bachelor’s Degree
- Collaborate with team members to ensure accurate and timely securities trade processing
- Resolve operational or trading issues by coordinating with other departments and external parties
- Ability to manage multiple priorities in a fast-paced environment; adaptive to change
- Ability to create and foster strong partnerships with business partners and work well in a team environment
