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3 days ago
Job Title:
Reconciliation & Settlements Specialist
Job Summary:
Responsible for daily reconciliation of cash, positions, and transactions for various asset classes including equity, corporate bonds, MBS, derivatives, repo, bank loans, and private securities.
Key Responsibilities:
- Daily reconciliation of cash, positions, and transactions
- Analysis of security & cash position differences related to reconciliations
- Break resolution coordination with clients, prime brokers, counterparties, and internal departments
- Trade capture and upload in trade capture tool either manually or through auto loading of files received from managers/prime brokers
- Trade confirmation with counterparties
- Corporate actions tracking
- Fail trade monitoring and settlement
- Leadership of a team of professionals working on issues of diverse scope or coordinating department activities
- Exercising wide latitude to make decisions within established policies to meet business objectives
- Advice to staff and partners with cross-functional teams to meet project schedules and develop solutions to issues
- Accountability for department results
- Establishment of procedures and recommendation of changes to policies
Requirements:
Master's degree and 4 years of related experience, or Bachelor's degree and 6 years of related experience, or high school degree and 8 years of related experience.
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