Job Description:

Settlements AssociateAssociate Director - Domestic and International - NYC - Hybrid!!!Key Responsibilities:-Execute and monitor the settlement of trades in accordance with established timelines and procedures, ensuring timely resolution of any settlement-related issues.-Manage the reconciliation of trade confirmations, trade bookings, and settlement instructions to ensure accuracy and completeness.-Coordinate with brokers, custodians, counterparties, and clearing houses to facilitate the smooth settlement of domestic or international trades.-Handle the resolution of failed trades, discrepancies, and trade breaks efficiently, working closely with internal and external stakeholders.-Stay updated with industry regulations, market practices, and technological advancements affecting settlements processes, including DTC rules or international settlement protocols.-Collaborate with trading desks, middle office, and other relevant teams to streamline settlements workflows and enhance operational efficiency.-Conduct investigations into settlement discrepancies and implement corrective measures to prevent reoccurrence.-Monitor and manage collateral requirements for settlement obligations, ensuring compliance with regulatory and risk management guidelines.-Participate in projects aimed at enhancing settlements processes, automation initiatives, and system enhancements.-Provide support during audits, regulatory examinations, and internal control assessments by ensuring adherence to regulatory requirements and internal policies.Required Qualifications:2+ years of experience in settlements operations within the financial services industry.-Specialized expertise in either DTC settlements or international settlements processes.-Strong understanding of trade lifecycle, clearing, and settlement processes across various asset classes.-Proficiency in using settlements systems and platforms such as DTC, SWIFT, or similar.-Excellent analytical skills with the ability to identify and resolve settlement discrepancies effectively.-Strong communication and interpersonal skills, with the ability to collaborate with internal and external stakeholders.-Detail-oriented approach with a commitment to accuracy and compliance in settlements processing.-Knowledge of regulatory requirements governing settlements operations, including Dodd-Frank, EMIR, and CSDR.Preferred Qualifications:-Previous experience working in a brokerage firm, investment bank, asset management firm, or financial institution.-Professional certifications such as Certified Securities Operations Professional (CSOP) or Certified Securities Operations Specialist (CSOS).-Familiarity with securities lending, repo, and collateral management processes.-Experience with implementing settlements automation solutions or process improvements.-Multilingual proficiency, especially in languages relevant to international settlements operations.