Ops and Fees Specialist VP

Ops and Fees Specialist VP

Chicago – Hybrid – 3 Days in office / 2 Days out of office

About The Role:

You will support the Corporate and Investment Banking division, specifically within the GBTO/EQD/LRD Reconciliation Department, which oversees exchange trade break reconciliations and manages the allocation of fees, cash, and general ledger items. The team ensures timely reconciliation, analysis, and resolution of discrepancies.

What You’ll Do:

• Supervise and validate offshored processes related to fees and general ledger management across multiple systems.
• Oversee and ensure the accuracy of offshored processes involving exchange trade reconciliations, intercompany, and third-party reconciliations.
• Respond to ad hoc trade reconciliation inquiries from the Client Facing Team.
• Prepare and analyze reconciliations for exchange fee processes.
• Train and mentor offshore operations teams, providing guidance as needed.
• Maintain expertise in listed derivatives products to support reconciliation and process validation.
• Manage workflows for equity option exchange fees, broker charges, and third-party broker payments.
• Reconcile general ledger balances to ensure accuracy and compliance.
• Monitor activities and facilitate communication with internal and external stakeholders.
• Ensure adherence to policies, procedures, best practices, and organizational objectives in daily operations.
• Demonstrate the ability to propose and implement constructive process improvements.
• Collaborate on project teams aimed at enhancing controls and operational efficiency.
• Identify improvement opportunities and work with management to implement changes.
• Partner with Corporate Reporting to ensure the accuracy of regulatory filings.

What We’re Looking For:

• Experience: 6–10+ years in reconciliation and reporting within the financial industry.
• Controls Expertise: Comprehensive understanding of environments with robust “checks and balances” controls.
• Accounting Background: Some experience in accounting, particularly balance sheet or suspense account reconciliations.
• Independent Contributor: Capable of independently reviewing new processes, documenting procedures, and training others effectively.
• Technical Proficiency: Advanced knowledge of Microsoft Excel, Access, Windows, Word, and PowerPoint.
• Desired Skills: Familiarity with Excel macros, GMI, Microsoft Access, and Oracle SQL Developer is a plus.
• Analytical and Detail-Oriented: Demonstrates strong analytical skills with a keen eye for detail.
• Organizational Skills: Exceptional time-management, multi-tasking, and organizational abilities.
• Attention to Detail: Experience working in environments requiring meticulous attention to detail, independent problem-solving, and compliance with strict standards.
• Communication Skills: Strong verbal, written, and documentation skills to effectively communicate across teams.
• Collaborative Teamwork: Proven ability to partner across organizational boundaries and contribute as a team player.

OOJ – 1408G