FX Settlements Analyst

FX Settlements AnalystGlobal Investment FirmBoston, MA or Charlotte, NC onsite 3 times a week, remote 2 days a week$65,000-85,000 annual salary plus a bonusDirect HireW2 onlyRequired Skills: MUST HAVE specific Fixed Income and/or FX Settlements experienceBachelor's Degree1+ years experience of hands on Trade settlement experience DescriptionAs a key member of a newly formed team apart of this Operations team, you will be responsible for the delivery of US operational services relating to Transaction Management processes covering equities, public fixed income products and FX, reporting to Senior Manager of Transaction Management based in US.You will work closely with both internal partners (trading, portfolio management, compliance, counterparty management etc.) and relevant external parties (counterparties, custodians).You will join the team of dedicated professionals responsible for performing all aspects of equities, fixed income and FX post execution processing, ensuring that effective processes and controls are in place.You will demonstrate credibility with a proven competency and knowledge of the operational and trading activities, as well as drive efficiency and accuracy to reduce risk in our processes.Responsibilities:Focus on accurate and timely transaction processing of Equities, Public Fixed Income products and FX, ensuring tasks are prioritized accordingly to meet processing deadlinesWork closely with front office and business partners to provide daily operational support included but not limited to trade capture, trade matching and confirmation, settlements, failed trade management, claims management, transfers in kind, cancel/correct processing and reconciliationAct as a subject matter expert on firm's operational workflows and processes for equities, fixed income and FX including liaison with Senior Manager of Transaction Management in relation to any enhancements to Aladdin to support new business initiatives.Assist Senior Manager of Transaction Management with any Regulatory Change projects impacting Public Fixed Income products, Equities and FX e.g. Shorten Settlement Cycle initiativeTake responsibility and provide proactive communication while troubleshooting and resolving issues related to equities and public fixed income trade capture, trade matching, confirmation, settlements and trade related claims.Identify risk issues and use good judgement in communicating issues to management attention and escalating matters when warrantedDevelop strong client relationships and partner with front office and IT to realize the full potential of operational workflowsActively ensure upward and downward communication of developments and issuesQualifications and Skills:Full understanding of different types of products and processing requirements for treasuries, corporate and sovereign bonds, munis, ABS/MBS, pools, TBAs, structured credit products, FX, money market instruments and repos.Understanding of the lifecycle of the trade from execution to settlementSolid understanding of operational risks and controlsKnowledge of post execution through notification and settlement protocols (e.g. FIX, SWIFT, CTM)Knowledge of Order Management Systems, in particular AladdinAnalytical ability to evaluate the root causes of the problems and aptitude to understand complex workflowsAble to manage heavy workload, understand urgency, multitask and prioritize to meet deadlinesStrong teamwork ethic whilst also having the ability to function without explicit direction, challenge yourself to learn new things and continually improveEffective communication skills, both written and verbalExperience:3+ years' experience in financial servicesRecent and relevant experience in Trade OperationsStrong knowledge of equities, FX and fixed income productsSolid understanding of post execution processing protocolsEducation:Bachelor's degree in Accounting, Economics, Finance or related field

Created: 2024-11-17