Associate, Settlements

Role Description Ensure timely execution of day-to-day settlement activities Investigation of settlement-related issues such as unrecognized/unmatched trades and payment disputes Fail Management – daily affirmation of fails and focus on clearing them ASAP Work with Treasury and Cash Operations teams to settle margin requirements by deadline Fulfill Triparty shells at end of each night and ensure they are properly collateralized until they roll off Proactive management and timely escalation of emerging risks/issues Preparation of metrics and other reports as required Proactive mitigation of risk by reviewing and strengthening procedures and identifying opportunities for process enhancement Partner with the New York Securities Operations team to ensure an environment of tight controls, regulatory compliance and continuous product and process education Assistance with projects/initiatives related to enhancing current processes and controls, including planning and implementation Qualifications and Skills Core Competencies/Skills Excellent verbal and written communication skills with ability to articulate concepts and ideas to diverse audiences Strong organizational skills High level customer service mindset with a commitment to supporting key stakeholdersAbility to work under pressure and deliver results within tight timelines Ability to identify and assess problems, determine the root cause and propose recommendations and/or solutions Ability to utilize independent judgement and decision making Ability to multitask and deliver high quality results in a fast-paced environment Qualifications 5+ years of experience in Financial Services 2+ years of experience working in Security Settlements Comfort with FED, DTC, and/or Euroclear Settlement Platforms BA/BS preferably in Accounting, Finance or Economics (Strong Preference) Proficiency in Bloomberg TOMS, ALERT, FICC, Euroclear, Broadridge IMPACT Proficiency in Microsoft Office applications EOE, including Disability/veterans #J-18808-Ljbffr SMBC