DTCC Settlements Specialist

Rate: $300/dayProcessing of all eligible securities through the DTCC processing system. Candidate must have thorough knowledge of the PTS (participant terminal service) system and all related functionality. This includes the following:Settle securities transactions by processing deliver orders (DOs)Collect marks-to-market on open contracts and money differences by processing Securities Payment Orders (SPOs)Pledge securities to pledgees for collateral through the collateral loan systemPledge securities to the Options Clearing Corporation (OCC) to meet OCC margin requirementsProtect customer fully-paid-for positions and manage firm positions through the use of segregation and memo segregation proceduresCall and confirm all pending and unmatched trades to ensure timely settlement.Reconciliation of securities positions and cash movements between DTCC & Phase3.

Created: 2025-01-14