Fixed Income DTC Settlement Analyst

Work Location New York, New York, United States of America Hours 40 Line Of Business TD Securities Pay Detail

$95,000 - $115,000 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job‑related knowledge, geographic location, and other specific business and organizational needs. Role Summary The Fixed Income DTC Settlement Analyst is responsible for the end‑to‑end settlement of U.S. fixed‑income securities through the Depository Trust Company (DTC). The role focuses on ensuring timely settlement, minimizing fails, managing inventory and funding impacts. Key Responsibilities Manage daily DTC settlement of fixed‑income securities, including DVP/RVP, free of payment, institutional deliveries, REPO, Reverse REPO, and Stock Loan – Loanet. Ensure timely settlement in a T+1 environment while meeting all market cut‑offs. Monitor and manage DTC settlement queues using Settlement Web / PTS. Escalate high‑risk exposures and aged fail items. Drive resolution with counterparties, custodians, and internal trading desks. Partner with funding/treasury teams to ensure sufficient liquidity. Perform daily reconciliation of DTC positions vs. internal ledgers and cash balances. Identify and resolve breaks with a strong control mindset, ensuring adherence to operational risk and control frameworks. Act as key liaison between Fixed Income Trading Desks, Middle Office / Confirmations, Funding & Treasury teams, external counterparties and custodians, providing clear, timely updates on settlement risks and issues. Ensure compliance with SEC, FINRA, and internal policies; support audits, inquiries, and control reviews. Identify opportunities to automate manual processes and improve STP rates; participate in system upgrades, testing, and platform migrations; drive operational scalability and risk reduction initiatives. Experience & Qualifications 5+ years of experience in fixed‑income securities operations. Strong hands‑on expertise with DTC settlement workflows. Required exposure to repo, Stock Loan, and DTC Settlement. Bachelor's degree in finance, business, or related field. Experience at a broker‑dealer or primary dealer environment (preferred). Systems & Tools DTC platforms (Settlement Web, PTS/PBS). Settlement systems (e.g., Broadridge). Stock Loan system (Loanet). Skills & Competencies Strong analytical and problem‑solving capabilities. High attention to detail with a risk & control mindset. Ability to perform in a high‑volume, time‑sensitive environment. Effective communication with trading desks and senior stakeholders. Key Performance Indicators (KPIs) Timely resolution of exceptions and reconciliation breaks. Accuracy of DTC positions and cash balances. Improved settlement efficiency and STP rates. Strong audit and control outcomes. Additional Information TD Bank is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran, or any other characteristic protected under applicable federal, state, or local law. If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at View email address on click.appcast.io. #J-18808-Ljbffr TD Securities