What You'll Do:
The Trade Corrections team processes mutual fund trade corrections in Select accounts and to all trades in Advisory Solutions and Guided Fund accounts. As a Senior Trade Corrections Analyst, you will Participate, lead and own project or other work regarding regulatory reviews, system enhancements, new systems, or changes. As an extension of leadership, you will communicate with stakeholders and leaders of other areas as problems arise, collaboration is needed, or complex issues arise.

Here are a few of the key responsibilities you will be a part of:Acting in capacity as General Securities Principal with supervisory responsibility over reviewing, approving, and processing of trade cancels, rebills, or corrections. This includes but is not limited to Mutual Funds, Equities, Fixed Income, UIT securities, and Managed/Fee-Based AccountsAssessment and timely rejection/approval notifications of trade cancels and rebills involving additional complex systems (of all products listed above that are in addition to the Trade Correction Analyst), all of which require strong technical knowledge and creates financial and/or regulatory risk if delayed or completed incorrectly. The trade error corrections include cancels, quantity, symbol, and buy to sell/sell to buy changes as well as account number, account type, commission, and as of correction requests.Requires in-depth understanding of the firm's systems, trading processes/procedures, trading systems, trade reporting requirements, regulatory guidelines, and fund company trading or third-party administrators (e.g. Surpas).Completing trade error correction requests timely and accurately in all product and account types utilizing the appropriate error account based on product type to ensure appropriate reporting to Finance, weekly 17a-5 reporting, and mitigate risk for the firm for strong books and records.Initiates and leads collaboration efforts with internal business areas outside the division independently, which includes Compliance, Field Supervision, Trading, and Service while also understanding the impacts to these areas.Coach and educate branch teams on trade error correction requests, best practices, and complex client situations.Adapts to changing and complex regulatory and reporting requirements in a fast-paced environment to ensure trade error corrections are handled accurately.Proactively, and in response to situations that arise, independently deepen knowledge across all corrections functions/ teams including principal review items and calculating Gain/Loss.Consultative approach in evaluating complex corrections spanning all Trade corrections functions/teams to determine the best solution and order of operation for the correction. Including but not limited to identifying and implementing an alternate solution while sharing knowledge and explaining the outcome.