About this role

Ensure the accurate and timely settlement of securities transactions across multiple asset classes and markets
Fedwire processing, Equity Capital Markets settlement support, and Regulatory Trade Reporting
Monitor trade affirmations to comply with T+1 regulations
Ensure timely and accurate settlement of trades, while mitigating operational risk
Process and reconcile daily trade settlements in a timely and accurate manner
Monitor and manage trade exceptions, ensuring prompt resolution and escalation when necessary
Conduct thorough research and analysis to identify and resolve any discrepancies in trade settlements
Collaborate with various internal teams to ensure smooth settlement processes
Develop and maintain strong relationships with external clients and counterparties to facilitate efficient settlement processes
Create and maintain detailed documentation of settlement processes and procedures
Communicate with internal and external stakeholders to provide status updates and resolve any issues or concerns related to settlements
Provide support to other team members and assist with ad hoc projects as needed
Validate and reconcile MSRB, TRACE, and CAT regulatory trade reporting
Support Equity Corporate Buyback settlement
Work with audit or risk colleagues to provide information and test internal controls

Bachelor’s Degree
2 or more years experience in trade operations, settlements, or allocations
FINRA Series 7
An additional 5 years’ experience in product area may be considered in lieu of Bachelor’s degree
Experience working with mortgage products, including TBA and Pools
Knowledge of securities regulations, compliance, and industry standards
Ability to manage multiple priorities in a fast-paced environment; adaptive to change
Ability to create and foster strong partnerships with business partners and work well in a team environment
Detail oriented with strong organizational skills
Bloomberg/TOMS experience
Analytical, problem-solving, and communication skills

Trade Settlements Specialist

Key skills