All our global custodian jobs are contained within this section.
As you may guess from the name, one of the most important functions of any job in global custody is guarding assets for customers, no matter whether they are mutual fund managers, private equity firms, broker/dealers or hedge funds.
In the past, this meant physically keeping certificates of stock and bond ownership for clients, but now these are stored electronically. Globally, the value of assets currently looked after by custodians reaches trillions of dollars.
Custodians also process and service financial products and portfolios on behalf of their clients. These services can range from the collection of income from a product like dividends or bond coupons or calculating the value of a fund held by the client.
Global custodians also provide securities lending. Often financial services companies borrow securities to guard against possible failed trades, fulfill their outstanding settlements obligations or simply use as collateral for other investments. In these cases, the custodian will act as the agent, matching clients to suitable borrowers and overseeing any transactions. They make money in these situations by charging a fee for their services.
Another important function for most large custodians is prime services. This includes capital introduction, which is trying to introduce funds to those who could invest in them, business consulting and providing education and training, among other services.
Fund accounting and fund administration are the most common global custody jobs. These are most often found in important centers of global custody like Luxembourg and Ireland.
These jobs involve running the books of the funds, checking that income accruals are validated and approved. Judging a fund's assets against its liabilities is called working out its Net Asset Valuation, a valuable skill in fund accounting.
There are many other functions within global custody careers related to post trade activity - tasks which arise after the trade has completed. These include settlements - ensuring the safe and quick delivery of securities to the buyer and payment to the seller; reconciliations - looking for errors or exceptions to trades to check that the securities purchased match the client's accounts; and corporate actions - making sure dividends and coupons are delivered on time.
Firms also offer sales jobs to bring in new business. These positions are a mix of sales and marketing. Job titles may include business development, client relationship management or simply sales manager.
Many global custody firms also rely on technology. They spend large amounts of money on systems to assist straight-through processing, where the whole transaction is conducted electronically without the need for re-keying or human intervention. Some of the simpler NAV calculations can also be automated. Many global custody firms hire a number of IT professionals to cover these needs.
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| Investment Assistant - Private Bank - Palo Alto, CA - Series 7 & 63 Required | J.P.Morgan. Competitive | Palo Alto, CA | 19 May 13 |
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See job description for details
| Vice President Product Specialist Securities Services | Ashton Lane Group Competitive Base & Bonus | New York City, NY | 17 May 13 |
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Business Development & Sales covering Collateral Management & OTC Valuation Services within a global bank
| CIB-Investor Services-Project Manager-Vice President-Boston | J.P.Morgan. Competitive | Boston, MA | 17 May 13 |
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See job description for details
| Client Associate - 7 & 63 or 66 Required - Boston | J.P.Morgan. Competitive | Boston, MA | 17 May 13 |
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See job description for details
| CIB-Investor Services-Custody/Cash Product Manager-VP/ED- New York | J.P.Morgan. Competitive | New York City, NY | 17 May 13 |
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See job description for details
| CIB-Investor Services-ERISA/Recordkeeping Oversight- Project Manager,-Vice President-New York | J.P.Morgan. Competitive | New York City, NY | 17 May 13 |
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See job description for details
| CIB - Clearance & Collateral Management-Senior Product Manager, Executive Director-New York | J.P.Morgan. Competitive | New York City, NY | 17 May 13 |
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See job description for details
| Senior Client Account Manager, Kaspick | TIAA-CREF Commensurate with experience | San Francisco, CA | 16 May 13 |
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Client Account Management
| FT-Telephone Banker-Start Date July 8th, 2013- Polaris Parkway, Columbus, OH (Shifts vary between 7:00am to midnight) | J.P.Morgan. Competitive | Columbus, OH | 16 May 13 |
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See job description for details
| Chief Auditor | Michael Page International - US Depends on Experience | New York City, NY | 15 May 13 |
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The Chief Auditor will provide an effective internal audit function for the New York Branch that meets industr...
| FT-Telephone Banker-Start Date July 8th, 2013- Polaris Parkway, Columbus, OH (Shifts vary between 7:00am to midnight) | J.P.Morgan. Competitive | Columbus, OH | 15 May 13 |
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See job description for details
| CIB-Investor Services-Custody/Cash Product Manager-VP/ED- New York | J.P.Morgan. Competitive | New York City, NY | 14 May 13 |
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See job description for details
| CIB-Investor Services-ERISA/Recordkeeping Oversight- Project Manager,-Vice President-New York | J.P.Morgan. Competitive | New York City, NY | 14 May 13 |
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See job description for details
| FINANCIAL REPORTING ANALYST | Brown Brothers Harriman TBD | Boston, MA | 13 May 13 |
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The Financial Reporting Analyst prepares drafts of annual, semi-annual and quarterly financial statements and ...
| Telephone Banker - June Class - San Antonio TX (Bilingual Spanish REQUIRED) - EV | J.P.Morgan. Competitive | San Antonio, TX | 13 May 13 |
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See job description for details
| Senior Auditor, Corporate Audit | State Street Not Specified | Boston, MA | 10 May 13 |
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The Senior Auditor will have Financial Service Audit experience in either Big 4 Public Accounting or Corporat...
| Telephone Banker - June Class - San Antonio TX (Bilingual Spanish Preferred) - EV | J.P.Morgan. Competitive | San Antonio, TX | 07 May 13 |
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See job description for details
| Investment Assistant - Private Bank - Palo Alto, CA - Series 7 & 63 Required | J.P.Morgan. Competitive | Palo Alto, CA | 01 May 13 |
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See job description for details
| Audit Manager, Corporate Audit | State Street Not Specified | Boston, MA | 30 Apr 13 |
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The Audit Manager will have Financial Service Audit experience in either Big 4 Public Accounting or Corporate...
| Audit Manager, Corporate Audit | State Street Not Specified | Boston, MA | 29 Apr 13 |
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The Audit Manager will have Financial Service Audit experience in either Big 4 Public Accounting or Corporate...
| Sales Officer - Trade Finance Solutions - Global Transaction Banking | Deutsche Bank - US competitive | New York City, NY | 29 Apr 13 |
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Deutsche Bank "Best Global Investment Bank 2010" A Passion to Perform. It's what drives us. More than a cl...
| Assurance Senior | State Street Not Specified | Boston, MA | 28 Apr 13 |
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The candidate will have Financial Service Audit experience in either Big 4 Public Accounting or Corporate Int...
| IT Auditor, Integrated Audit | State Street Not Specified | Boston, MA | 28 Apr 13 |
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Corporate Audit's Integrated Audit team is responsible for engagements that focus on business risk and relate...
| Inbound Customer Service - May 27th, 2013- SpringfieldMO - CARDSVCS | J.P.Morgan. Competitive | Springfield, MO | 25 Apr 13 |
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See job description for details
| Marketing Analyst - Fixed Income | Professional Staffing $80K | Boston, MA | 23 Apr 13 |
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We have an immediate need to hire a full-time Marketing Analyst to start as soon as possible joining an indust...
| Client Analyst - Reporting Team | Professional Staffing $95K | Boston, MA | 23 Apr 13 |
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Client Analyst - Reporting Team - $95K
| Information Technology Senior Auditor | State Street Not Specified | Boston, MA | 19 Apr 13 |
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State Street's Corporate Audit Department At State Street, our people are our most valuable -- and valued -- r...
| Category Cnslt,AVP | State Street $ | Boston, MA | 18 Apr 13 |
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Our Company State Street Corporation (NYSE: STT) is the world''s leading provider of financial services to i...
| Information Technology Auditor, Application and Integrated Audit | State Street Not Specified | Boston, MA | 17 Apr 13 |
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Corporate Audit's Integrated Audit team is responsible for engagements that focus on business risk and relate...
| Senior Auditor, Corporate Audit | State Street Not Specified | Boston, MA | 12 Apr 13 |
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The Senior Auditor will have Financial Service Audit experience in either Big 4 Public Accounting or Corporat...