Job Description

Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and families, family offices, endowments, foundations, and institutions. Unlike other firms, our investment managers, tax and estate planning professionals work together to develop holistic strategies to optimize clients portfolios while mitigating the impact of taxes on their wealth. As a fiduciary, the guidance we provide is always in the best interests of our clients, without conflict or competing benefits. We offer boutique customization and deep expertise in specialized investment, tax and planning strategies alongside sophisticated technology and custody platforms.Fiduciary Trust International is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, youll get exposed to different cultures, people, and business development happening around the world.What is Fiduciary - Security Services Team responsible for?Security Services Team provides operations support to the Global Markets Business of Fiduciary Trust International. Key Business activities include back office and middle office operations related to securities, derivatives, futures, options, and currencies (fx). Key functions include Trade Settlements, Inventory Management, Asset Services, Collateral Management and Reconciliation.:Settlements Teams are responsible for trade confirmation, settlement, fails monitoring and communicating with brokers, custodian, front office, and other internal departments for timely settlement.The qualifying associates will work within the Settlements Teams and should possess the knowledge and skill sets required to work at a high level of competence within agreed protocols and with clearly defined lines of accountability for the assigned work.Responsibilities:Good understanding of Trade confirmation and Settlements (Equity, Fixed Income & Foreign Exchange).Should have basic knowledge of trade life cycle.Should have better understanding of different types of Corporate Actions events and their impacts.Ensure transactions are processed on timely basis and understand the criticality of different market cut-off.Responsible to work on unmatched trades and fail trades.Responsible to process Free Deliver and Free Receives transactions within internal accounts as well to/from various custodians.Should have a good understanding on the cost basis information and will be responsible to process the same to stock holdings post receipt of assets.Responsible for clearing the daily exception queues.Responsible for daily reconciliation of cash balances and positions between accounting records and custodians and work with various counterparts and ensure breaks are resolved at earliest.Working with various Operations, Technology, Legal, & front office teams during your day-to-day responsibilities.Coordinate with internal stakeholders to answer questions on documents and analysis.Ensure any escalations and issues are flagged immediately to supervisor.What ideal qualifications, skills & experience would help someone to be Successful?Masters degree in business administration, Commerce or related field, or equivalent combination of education and experienceFinancial Services experience, especially in trade settlement is required1-2 years of related experienceJob Level - Individual ContributorWork Shift Timings - 6:30 PM - 3:30 AM ISTExperience our welcoming culture and reach your professional and personal potential!Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, theres a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for lifes adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.*Most benefits vary by location. Ask your recruiter about benefits in your country.Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation or adjustment to search for or apply for one of our positions, please send an email to . In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.