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SMBC Group · 3 days ago

Settlements

White Plains, NY

Full-time

Hybrid

Mid, Senior Level

5+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. The Associate of SMBC Capital Markets Settlements will support daily settlements processes for the derivative trading business and collaborate with various teams to achieve business objectives.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Ensuring timely and accurate settlement of Derivative, FX, and securities settlements

Pre-settlement payment affirmation and post-settlement investigations inclusive of compensation claims processing

Investigations of failed settlements from detection to resolution

Mitigation of operational risk and timely escalation

Understand and ensure compliance with relevant regulatory requirements

Proficiency using various industry-standard settlement platforms as well as the firm’s proprietary systems

Identify opportunities for business process improvements and implement changes to enhance efficiency, scale and accuracy

Contribute to and test projects related to system enhancements and new industry initiatives and products

Ensure compliance with internal policies and procedures

Preparation of metrics and other KRI reports to create transparency

Business Continuity testing

Qualification

Settlement experienceDerivativesWorking knowledge of SWIFTFinancial services experienceAttention to detailProcess improvementDegree in FinanceTime management

Required

5-10+ years of experience in financial services

3+ years of experience working in Settlement capacity

Acute attention to detail

Understanding of Derivatives and FX

Working knowledge of SWIFT

BA/BS required

Effective time management skills and ability to manage priorities with accuracy

Forward thinker who seeks to improve business processes that deliver better services and controls

Preferred

Degree in Finance, Accounting or related discipline is preferred

Company

SMBC Group

Glassdoor3.5

SMBC Group is a top-tier global financial group.

Founded in 1590

New York, New York, USA

10001+ employees

https://www.smbcgroup.com/americas

H1B Sponsorship

SMBC Group has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (160)

2024 (87)

2023 (73)

2022 (44)

2021 (29)

2020 (26)