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For Companies At a Glance
- Tasks: Join our Underwriting team to deliver exceptional client experiences and improve operational processes.
- Company: DTCC, a leader in financial market innovation with a commitment to employee growth.
- Benefits: Competitive salary, comprehensive health insurance, flexible work model, and generous paid time off.
- Why this job: Make an impact in the financial industry while developing your skills in a supportive environment.
- Qualifications: 2 years of experience preferred; strong communication and teamwork skills are essential.
- Other info: Diverse workplace with excellent training and career advancement opportunities.
The predicted salary is between 21500 - 22500 £ per year.
Overview
DTCC is at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed, fostering a thriving internal community and creating a workplace that looks like the world we serve.
Pay and Benefits:
- Salary range £25000-£27000 per annum with bonus
- Comprehensive health and life insurance and well-being benefits
- Pension
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee)
Impact of the role
As a member of the Underwriting team you will excel in delivering a range of tasks and procedures and in providing a high-quality client experience. A keen eye for detail, a focus on excellent customer service, and the ability to handle a multifaceted workload are essential qualities for a successful specialist.
Underwriting is the entry point for securities to be made eligible for DTC services. An eligible security is freely tradable, qualified to be held at DTC, and serviced through DTC\’s electronic book-entry system. The program includes the New Issue Eligibility Program which allows underwriters, DTC participants or Issuer Paying Agents to submit eligibility requests for new and secondary security offerings and to create and service Money Market Instruments (MMI). Securities eligible for DTC receive the full set of Asset Services. Securities that do not meet DTC\’s standards for eligibility can qualify for Custody Eligibility, enabling DTC Participants to leverage the DTC vault to secure and track physical certificates and participate in a subset of Asset Services products.
The Global Business Operations (GBO) organization is responsible for all operations and asset services supporting the following DTCC businesses: The Depository Trust Company (DTC), National Securities Clearing Corporation (NSCC), Fixed Income Clearing Corporation (FICC) – Government Securities Division (GSD) & Mortgage-Backed Securities Division (MBSD), Wealth Management Services (WMS), Insurance & Retirement Services (I&RS), Solutions Operations – Global Service Bureau (GSB). GBO’s mission is to provide the Securities Industry with superior operations processing and client services support in an environment that minimizes risk and cost while maximizing efficiency.
Primary Responsibilities
- Executes on operational processes by following documented procedures and job aides, able to make suggestions on improving process and efficiency. Processes specialized workflows, resolves exceptions, assists with complex inquiries.
- Takes ownership of workload, ensures deliverables are met in line with competing priorities.
- Builds knowledge of department controls. Aligns risk and control processes into day-to-day responsibilities to monitor and mitigate risk, escalates appropriately.
- Maintains a steadfast focus on client service, including responding to inquiries timely and accurately, resolving issues promptly.
- Builds and maintains positive relationships with internal and external partners to facilitate issue resolution, process improvements, and risk reduction.
Note: The Primary Responsibilities of this role are not limited to the details above.
Qualifications
- Bachelor\’s degree preferred but not essential
Talents Needed For Success
- Minimum 2 years of experience
- Collaborates well within and across teams
- Communicates openly with team members and others
- Works with the team to review deliverables and ensure quality and accuracy
- Adheres to established rules and procedures when performing work
We offer top-class training and development to help you be an asset in our organization.
Equal Opportunity
We are an equal opportunity employer and value diversity. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We provide reasonable accommodations to participate in the job application or interview process, perform essential job functions, and receive benefits. Please contact us to request accommodation.
About Us
With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. DTCC supports flexible work arrangements and encourages diverse opinions and teamwork. Learn more about Clearance and Settlement by visiting our site.
About the Team
Enterprise Services comprises multiple business platforms including Client Services, Global Business Operations, Business Architecture, Data Strategy and Analytics, and Digital Services. These platforms report to the Chief of Enterprise Services and enable optimized delivery, efficiency, resilience, and consistency in the business digitization strategy, processes, and end-to-end best practices.
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Underwriting Administrator employer: DTCC
Contact Detail:
DTCC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Administrator
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching DTCC and understanding their values and services. Tailor your answers to show how your skills align with their mission and how you can contribute to their success.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your responses. The more comfortable you are, the better you'll perform when it counts.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest job openings right there, making it super easy to stay updated.
We think you need these skills to ace Underwriting Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Administrator role. Highlight relevant experience and skills that match the job description, like attention to detail and customer service. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you a great fit. Keep it concise but engaging – we love a good story!
Showcase Your Skills: In your application, don’t forget to showcase your skills in handling complex inquiries and managing competing priorities. We’re looking for someone who can juggle tasks while maintaining a high-quality client experience.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to see all the details about the role and our company culture. Let’s get started on this journey together!
How to prepare for a job interview at DTCC
✨Know Your Stuff
Before the interview, make sure you understand the basics of underwriting and the specific processes mentioned in the job description. Familiarise yourself with terms like 'eligibility requests' and 'Asset Services' so you can speak confidently about them.
✨Showcase Your Attention to Detail
Since this role requires a keen eye for detail, prepare examples from your past work where you successfully managed complex tasks or resolved issues. Highlight how your attention to detail improved outcomes or client satisfaction.
✨Demonstrate Client Service Skills
Be ready to discuss your approach to customer service. Think of specific instances where you went above and beyond to help a client or resolve an issue. This will show that you align with their focus on delivering a high-quality client experience.
✨Ask Smart Questions
Prepare thoughtful questions about the team dynamics, the tools they use, or how they measure success in the Underwriting department. This shows your genuine interest in the role and helps you assess if it's the right fit for you.