Operations Specialist (Liquidity Shift)

  • Competitive
  • Iselin, NJ, USA
  • Permanent, Full time
  • CLS UK Intermediate Holdings Ltd.
  • 14 Dec 17 2017-12-14

To provide full operational and processing support to CLS Services. In conjunction with the London Operations team, provide Operational support for all CLS services and participants, including Members, Vendors and other key Stakeholders. Ensure the highest level of Quality Assurance to minimize the risk of errors that cause an extension to the operational timeline, financial losses, or an impact to credibility or confidence in CLS. The Liquidity Shift operates Sunday to Thursday 16:00 – 00:00 EST.

Essential Functions

Major duties and responsibilities of the job

Operational 

  • Ensure the timely completion of scheduled operational tasks and system events as per the daily operational checklist. 
  • Escalate any failure of any of the Core systems and its packages, any of the business systems, any of the communications networks (SWIFT FIN, SWIFT NET and IBM Global Network) and any of the data feeds. 
  • Supporting the testing and trialing activities as required for on-boarding of new services, products and Members 
  • Monitor key deadlines, including opening / closing of RTGS systems and Same Day Settlement specific timeline activities, ensuring successful completion against expectations 
  • Adhere to the CLS policies & procedures including Compliance guidelines and maintaining a thorough knowledge of OFAC and AML requirements 
  • Support the CLS test services in-line with current live operational procedures, working closely with other departments to ensure all User Acceptance Testing and project work is performed and delivered on time. 
  • Develop strong relationships with other key departments within CLS. This will include Operations Management, our London counterparts, Risk, Compliance, Legal and Relationship Management. Produce and distribute regular internal and external facing reports in various formats, e.g. Word/Excel/Email.

Strategic 

  • Provide support and Operational input to the key CLS Strategic Initiatives as required 
  • Follows established policies and procedures and contributes to establishing new policies and procedures as required
  •  Following the occurrence of a service related incident, works to enhance controls and improve ability to deliver against the CLS timeline
  • Contribute to the successful execution of the Operations Strategy and Continuous Improvement Plan

Essential Qualifications

Experience, education and any certifications as necessary for successful job performance

  • Strong academic background, preferably in Finance, Economics or Math
  • Experience providing key operational services, preferably in a global environment
  • Will have worked in a high volume, high value, time critical processing environment.

Desired Qualifications

Experience, education and any certifications as necessary for successful job performance

  • Bachelor’s degree, preferably in a business or finance related subject
  • Extensive experience in a banking environment, preferably encompassing all aspects of front, middle and back office processing.