Rate: $300/day

• Processing of all eligible securities through the DTCC processing system. Candidate must have thorough knowledge of the PTS (participant terminal service) system and all related functionality. This includes the following:
• Settle securities transactions by processing deliver orders (DOs)
• Collect marks-to-market on open contracts and money differences by processing Securities Payment Orders (SPOs)
• Pledge securities to pledgees for collateral through the collateral loan system
• Pledge securities to the Options Clearing Corporation (OCC) to meet OCC margin requirements
• Protect customer fully-paid-for positions and manage firm positions through the use of segregation and memo segregation procedures
• Call and confirm all pending and unmatched trades to ensure timely settlement.
• Reconciliation of securities positions and cash movements between DTCC & Phase3.