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SMBC Group · 4 days ago

Settlements

White Plains, NY

Full-time

Hybrid

Senior Level, Lead/Staff

$132K/yr - $170K/yr

10+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. They are seeking a VP of Capital Markets Settlements to lead a team responsible for the timely and accurate settlement of Derivative and FX cashflows while ensuring compliance with regulatory requirements.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Lead a high-performing team of Settlements professionals ensuring timely and accurate settlement of Derivative and FX cashflows

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

Risk mitigation discipline

Identification and escalation of settlement breaks as needed

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

Actively contribute and test projects related to system enhancements and new industry initiatives and products

Maintain accurate documentation for all group-owned controls and processes

Ensure compliance with internal policies and procedures

Act as a liaison for senior management on settlement-related issues

Produce management KRIs

Promote a culture of credibility and accountability

Qualification

Settlement experienceDerivativesPeople management skillsWorking knowledge of SWIFTTime management skillsDegree in FinanceDegree in AccountingBusiness process improvementEffective communication

Required

10+ years of experience in financial services

3+ years of experience working in Settlement capacity

Strong people management skills

Understanding of derivatives and FX

Working knowledge of SWIFT

BA/BS required

Effective time management skills and ability to manage priorities and resources

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

Preferred

Degree in Finance, Accounting or related discipline is preferred

Benefits

Annual discretionary incentive award

Competitive portfolio of benefits

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

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Trends of Total Sponsorships

2025 (160)

2024 (87)

2023 (73)

2022 (44)

2021 (29)

2020 (26)