Settlements Associate (Remote)

Job summary

The role involves managing the end-to-end global equity settlement process, ensuring accurate and timely settlements across various international markets. Responsibilities include monitoring daily settlement activities, investigating discrepancies, and performing cash and position reconciliations.

Qualifications

• Minimum of 3 years of experience in brokerage operations with a focus on global equity settlements.
• Strong understanding of securities settlement lifecycles within a broker-dealer or carrying firm.
• Experience with third-party clearing firms and global custodians.
• Knowledge of U.S. broker-dealer regulations and compliance requirements.

Responsibilities

• Own the global equity settlement process, partnering with custodians and stakeholders.
• Ensure accurate transaction recording and monitor settlement activities.
• Investigate and resolve settlement exceptions and trade discrepancies.
• Perform daily reconciliations of securities positions and cash balances.
• Ensure compliance with SEC, FINRA, and global market regulations.
• Produce operational reporting on settlement activities and recommend process improvements.

Skills

• Proficiency in SQL and reporting tools.
• Strong analytical and problem-solving skills.
• Excellent communication and collaboration abilities.

Education

• Relevant degree in finance, business, or a related field preferred.

Tools

• Familiarity with SWIFT, settlement platforms, and operational reporting tools.