Senior Global Network Specialist

Description:
Job Summary:
Position is responsible for supporting a Network Unit Manager in maintaining subcustody relationships for 10 - 15 markets and for 2 - 4 department functions related to providing Global Custody service to clients. Responsible for several specific tasks associated with maintaining subcustodian service levels and mitigating risk to the bank.

Job Responsibilities:
1. Responsible for obtaining, monitoring and analyzing market news and developments on a daily basis from all of their assigned countries.

2. Responsible for condensing key market information and formulating Global News Updates for same day distribution to clients and internal departments. In conjunction with the publication of Global Updates, responsible for making necessary revisions to on-line Market Profiles.

3. Responsible for maintaining and analyzing changes to market practices information.

4. Responsible for obtaining all relevant account opening documentation from respective market authorities for each market and for maintaining instructions for completion. Must be responsive to all inquiries related to documents.

5. Responsible for identifying and obtaining required documents from subcustodians to ensure compliance with all U.S. regulations including SEC Rules 17f-5 and 17f-7.

6. Maintains complete documentation related to the use of Delivery Instructions by clients and internal operating departments and monitor on an on-going basis.

7. Reviews subcustodian Report Cards on a monthly basis to identify issues needing escalation and to identify trends.

8. Completes 2 - 4 department wide assigned responsibilities as directed by Department Head.

9. Travels approximately one week per year

10. Other duties as assigned.

Job Requirements:
Minimum of 4 years of Custody/Operations experience, or equivalent. Bachelor’s Degree Required. Excellent writing, presentation, communication and organizational skills are a must. Solid PC skills required. Language skills are beneficial but not required. Must have basic understanding of international custody processing.

An Equal Opportunity Employer M/F/D/V

Qualifications:
Please see job description.

Salary/Benefits: Salary commensurate with experience
We offer an excellent benefits package which includes Medical, Dental, Life Insurance and Disability. We also offer 401K Savings Plan, Employee Stock Purchase Plan, as well as 100% Tuition Reimbursement. We have several Employee Rewards programs, Referral Bonus Program, Discounted Subway and Bus Passes, as well as many other great benefits.

Job Location: Boston, MA

Job Number: IRC38713

Company URL: http://www.investorsjobs.com/

Company Profile:
Investors Financial Services Corp. is a bank holding company. Our primary operating subsidiary is Investors Bank & Trust Company. Through our subsidiaries, we provide a comprehensive range of services to financial asset managers, such as mutual fund complexes, investment advisors, banks and insurance companies. These services include our core services, global custody and multicurrency accounting, and our value-added services including mutual fund administration, securities lending, foreign exchange, cash management and institutional transfer agency services.

Since becoming a publicly traded company in 1995, we have experienced dramatic growth in revenues, earnings, and total assets processed for clients. One of our core strategies is to maintain our technological expertise, as we believe that technology, not scale, determines our success. The asset servicing industry requires the technological capability to support a wide range of global security types, currencies, and complex portfolio structures.

We strive to deliver superior and innovative client service. We believe service quality in client relationships is key to maintaining and expanding business as well as attracting new clients. We look at assets servicing from our clients' viewpoint and build our business around their needs. Unlike most of our competition, we are 100% focused on the business of securities processing. That means the complex needs of asset managers receive 100% of our attention.

We are an Equal Opportunity Employer M/F/D/V

******** Please note: Applicants must apply on-line at www.investorsjobs.com to be considered for employment. Thank you for your interest and cooperation. *********