Investment Banking Specialist

Lead Institutional Investment Operations Specialist

Hybrid – Charlotte, NC

3-6 Month Contract-to-Hire (W2), Weekly Pay (40 hours/week)

Desired

Start Date:

ASAP

Calculated Hire is in search of a Lead Institutional Investment Operations Specialist for a Fortune 100 Financial Services company. This role sits within Corporate Investment Banking Operations and supports the Settlement Operations team, with responsibility for day-to-day operational leadership, complex issue resolution, and oversight of settlement and buy-in activities across domestic and international markets.

• Serve as a primary point of contact for the Settlements Manager, providing real-time status updates and leading day-to-day settlement operations.
• Provide hands-on leadership for daily settlement and fail control processing across all domestic product types.
• Lead resolution of complex, multi-faceted operational issues across multiple teams and stakeholders.
• Monitor internal and external settlement systems with a focus on trade clearance, exceptions, and operational risk mitigation.
• Act as a liaison between Settlements and internal and external partners including Middle Office, Sales, Securities Finance, Compliance, Repo/Funding desks, counter parties, and vendors.
• Maintain a high standard of service and collaboration across supported functional areas.
• Lead projects and industry-related initiatives, ensuring timely execution and delivery.
• Monitor, manage, and act on regulatory buy-in processes including Rule 204, Reg T, and MSRB requirements.
• Reduce firm risk by leveraging buy-in processes to remediate fail obligations and segregation deficits.
• Monitor CNS obligations and liabilities and partner with Securities Lending to resolve short positions and fails to receive.
• Manage buy-in notices through Smart/TRACK and communicate directly with counter parties to resolve open obligations.
• Provide coverage for international buy-in obligations across global markets.
• Maintain and enforce firm policies and procedures related to street buy-in practices.

• Advanced knowledge of institutional settlement operations and buy-in processes.
• Proven ability to lead day-to-day operations and resolve complex operational issues.
• Strong risk awareness with experience mitigating settlement, clearance, and regulatory risk.
• Advanced Excel skills for analytical and reporting purposes (pivot tables, VLOOKUPs, SUMIFs).
• Strong written and verbal communication skills with the ability to influence across teams.
• High attention to detail with the ability to manage time-sensitive, high-volume workflows.

• 7+ years of Institutional Investment Operations experience, or equivalent demonstrated through work experience, training, military experience, or education.

• 10+ years of experience in the securities industry with emphasis on buy-ins and international trade settlement.
• Expert-level knowledge of DTCC Smart/TRACK, OW, Settlement Web, BNY, and FINRA.
• Experience with Broadridge systems including GLOSS, Impact, and BPS.
• Strong knowledge of domestic buy-in rules including DTC, Fed, and physical clearance.
• Working knowledge of international buy-in rules including Euroclear, Clearstream, CREST, and local markets.
• Working knowledge of Prime Broker Operations.
• Bachelor’s degree in Finance or a related field.
• Basic PowerPoint skills for senior management reporting.
• Monday–Friday schedule with shifts between 6:00am–6:00pm.
• Hybrid work model with on-site requirements in Charlotte, NC.
• Flexibility to work additional hours as business needs require.
• This position is not eligible for visa sponsorship.

This position supports the Corporate Investment Banking Operations organization, specifically within the Settlement Operations team.