Settlements and Cash Specialist

Candidate Success Factors:

Candidates will be measured on the following four performance drivers that will dictate how individual impact is considered on the Americas platform:

• Results and Impact
• Leadership and Collaboration
• Client Customer and Stakeholder Focus
• Compliance Culture and Conduct

Responsibilities:

• Status (before on and post contractual settle date) troubleshoot and settle transactions with service partners external clients agents/depository and/or counterparties towards trade fail mitigation
• Daily monitoring and deadline driven processing of incoming and outgoing transactional instructions from/to client and to/from agent/depository
• Adherence to client Service Level Agreements/Descriptions (SLA/SLD)
• Inquiry management with attention to established timelines
• Strict observance of Daily checklist procedural and internal/regulatory/compliance/operation risk controls
• Status and resolve cash and/or stock breaks between custody and client or agent/depository and custody along with any additional risk data as assigned by team lead/manager
• Elevate potential risk client counterparty reputational financial regulatory etc. to team leads/manager with immediacy
• Review OFAC/Sanction blocks of transactional activity and complete Compliance/Regulatory/Continuing Education ahead of assigned deadlines
• Develop solutions with peers service partners and IT to continually improve quality of service delivery reporting and transactional flows with attention towards cost effectiveness automation system enhancements new products/services and efficiency.
• Involvement in client/agent/depo asset migrations system UAT industry changes business continuity support audits or significant productions changes (note: will include some weekend coverage across the year in each location)
• Actively participate and contribute to personal development and career development alongside the team lead/manager training courses research Client initiatives etc.
• Enrich fail trade status and/or client reporting and communicate with service partners towards delivering premier services developing relationships and improving the client experience; locally and with global peers across client facing and operational teams
• Cross train with peers across global and US activities covered within the Settlements and Cash team for seamless solution delivery
• Actively participate in projects independently with team/partners and regionally

Minimum Required Qualifications:

• College/University degree
• Experience in the financial services industry at a bank/broker service provider or as a custodian
• Familiarity with the trade lifecycle and industry participants to the process flow
• Fed direct participant experience 1 years or more

Preferred Qualifications:

• SWIFT messaging - securities cash reporting and FX message types
• Client or Operational support experience for global agent network
• Background in project lifecycle participation delivery and reporting
• Fedwire or CHIPs funds transfer experience
• DTC experience (or global depository ICSD)