Senior Clearing and Settlement Analyst
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Job Location:
Greenwich, CT - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Client seeks a detail oriented post trade operations professional with extensive experience supporting clearing settlement regulatory reporting and exception management across multiple asset classes. The ideal candidate has a strong background working within large financial institutions managing control frameworks validating trade activity coordinating with custodians and counterparties and supporting regulatory and risk oversight functions. This role is operations focused and requires hands on experience in reconciliation confirmations and post trade settlement controls.
The Operations Consultant is responsible for overseeing daily operations to ensure efficiency accuracy and full compliance with regulatory requirements and internal policies. The key role in regulatory reporting audit coordination anti-money laundering compliance and customer service.
Key Responsibilities
- Ensure all operations and transactions are processed in a timely accurate and compliant manner including authorization of services
- Conduct testing to determine the validity and operating effectiveness of transactions.
- Audit confirmations; accommodate requests and inquiries during audits compliance testing and regulatory inspections.
- Implement and comply with AML requirements in daily operations including timely reporting of Cash Transaction Reports (CTR) and Suspicious Transaction Reports (STR) to the Compliance Department.
- Ensure accurate and timely submission of regulatory reports to regulators and relevant internal departments.
- Perform Nostro account reconciliation and intraday liquidity management; monitor and control suspense accounts.
Qualifications & Skills - Minimum of 5 years experience in the Financial industry
- Strong knowledge of operational procedures and local regulatory requirements including MORB Manual of FX
- Familiarity with domestic clearing and payment systems and SWIFT messaging.
- Experience in
- Treasury back-office operations
- Trade finance and settlement (e.g. L/G L/C)
Prior experience working on FIS Production systems a plus
| Skill / Competency Area | Description (Aligned to JD) | Years of Experience |
|---|---|---|
| Operational Processing & Controls | Ensuring daily operations authorizations control execution workflow supervision | |
| Regulatory Reporting | SEC reporting QA regulatory controls MI reporting CTR/STR escalation experience | |
| Audit Coordination & Compliance Support | Supporting internal/external audits providing confirmations exception packages compliance testing responses | |
| Transaction Testing / Validation | Testing validity of transactions break resolution exception remediation | |
| AML / KYC / Sanctions | AML adherence (HSBC) sanctions screening transaction monitoring support | |
| Cash / Nostro / Liquidity Reconciliation | Daily fail reports reconciliation of OTC cash TMPG claims P&L exposure monitoring | |
| Suspense Account Monitoring | Exposure reporting exception clearing control remediation | |
| Domestic Clearing & Payment Systems | DTCC RAD approvals settlement workflows DVP/RVP | |
| SWIFT Messaging | Settlement messaging confirmations cash movements | |
| Treasury Back Office Support | Margin calls collateral movements cash reporting | |
| Trade Finance & Settlement (L/G L/C equivalent exposure) | Margin workflows approvals DVP deliverables | |
| FIS Production System Monitoring | Production system & operational platform experience (Barclays HSBC) | |
| Risk & Control Framework Development | RCSA creation QA reviews control-gap mitigation | |
| Exception / Break Management | Fail management exception remediation reconciliation differences | |
| Regulatory Manuals & Local Market Requirement Familiarity | SEC BCBS IOSCO MRUD AML frameworks (parallel to MORB/MFX expectations) | |
| Customer / Counterparty Service | Vendor oversight counterparty communication audit interactions | |
| Process Improvement / Testing / SOP Creation | BRD writing workflow redesign control enhancement |
Brandon Consulting Associates Inc. is an EQUAL OPPORTUNITY EMPLOYER and has been in business for 29years.
