Cost Basis Specialist

• Dallas, Texas
• Operations
• 14482
• Hilltop Securities

Job Description

HilltopSecurities is currently looking to hire a The Cost Basis Specialist. The Cost Basis Specialist is responsible for maintaining the accuracy and completion of cost basis and tax lot reporting for all accounts maintained by HilltopSecurities.The Operations group is a collection of sub-departments which is responsible for everything after an account is opened or a trade occurs. The Operations group's responsibilities include opening customer accounts, account maintenance, receiving and delivering money and securities to customers, and many more.

Essential Functions

Send out the outgoing CBRS items that fail (manual and electronic ACAT cost basis reporting to the contra firms)
Update incoming CBRS items that fail (manual and electronic ACAT cost basis reporting from the contra firms)
Resolve reconciliation breaks
Assist with gifted/inherited updates, adding missing cost or custom pairing adjustments
Update Cost Basis due to Corporate Actions and Options
Perform Return of Capital adjustments due to Income Reallocations
Perform Internal Cost Movements
Review and explain fixed income cost basis adjustments
Assist with General Inquiries/Salesforce Cases
Reviews and maintains quality data in cost basis system to facilitate complete and accurate information reporting.
Under moderate to close supervision, performs routine or basic functions according to department guidelines.

Job Requirements

High school diploma or equivalent with at least 1 year industry experience in Financial Services Operations and/or Securities Operations
Familiarity with IRS Cost Basis regulations in relation to broker/dealer reporting a plus
Strong analytical and problem-solving skills
Customer focused with effective interpersonal and communication skills
Ability to work effectively both as part of a team and independently
Ability to interact effectively with branch, regional and corporate personnel
Experience using Microsoft Excel, Word, and Outlook
Quick learner and detail oriented with the ability to prioritize workload to meet daily deadlines
Able to work additional hours and/or flexible shift assignments when needed

The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.About the CompanyAt HilltopSecurities, we believe in building noble and collaborative relationships that enrich the financial future of individuals, businesses and communities. With an extensive portfolio of products, we deliver a broad range of investment banking and related financial services that help our clients achieve their definition of success.As a subsidiary of HilltopHoldings, which also encompasses PlainsCapital Bank and PrimeLending, we have the financial strength and stability that has withstood the test of time. Our nationwide presence in 400 locations across 44 states provides our associates with extensive opportunities to grow their careers in a diverse organization that truly values relationship capital above all else.

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Job Type: Full-time

Pay: $22.00 - $25.50 per hour

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Day shift

Ability to commute/relocate:

• Dallas, TX 75201: Reliably commute or planning to relocate before starting work (Required)

Experience:

• cost basis: 1 year (Preferred)

Work Location: Hybrid remote in Dallas, TX 75201

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