Altruist · 2 days ago

Senior Settlements Analyst

Dallas, TX

Full-time

Hybrid

Senior Level

$79K/yr - $107K/yr

3+ years exp

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Asset ManagementFinancial Services

Comp. & Benefits

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Responsibilities

Provide clearing back office support to investment advisors and their clients

Support escalations to resolution and provide feedback to management and product partners for continuous improvement

Reviews daily trade reports generated from the back-office clearing platform FIS/Phase 3 as well as external communications from counterparties, rectifying breaks and issues identified.

Utilize the FIS/Phase 3 system to process trade comparisons and corrections.

Conduct comparisons of fixed-income trades in FICC CMU and report fixed income transactions in FINRA TRACE and MSRB RTRS Web.

Identify, investigate, and resolve trade, cash, and position reconciliation issues to ensure accurate transaction recording in appropriate systems and facilitate successful settlement.

Support Depository Trust and Clearing Corporation (DTCC) Settlement functions and related processes such as Buy-Ins, Obligation Warehouse, and RECAPS.

Review fail exposure & accurately report to senior regulatory management teams

Reconcile daily possession and control issues

Participate in the creation and maintenance of a centralized security information database, including ticker symbols, ISIN codes, CUSIP numbers, and other relevant identifiers.

Ensure data accuracy, consistency, and completeness across various systems and databases.

Collaborate with other teams to address and rectify any data-related problems promptly.

Collaborate with IT teams to implement and enhance systems that support security master functions.

Stay abreast of technological advancements and assess their applicability to improve data management processes.

Maintain documentation of processes and procedures.

Other duties as assigned

Qualification

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Back office operationsTrade clearanceSettlementsBroker-dealerDTCNSCCObligation WarehouseSMART TrackDTCC suite applicationsFail controlSeg experienceData setsFINRA Series 7FINRA Series 99CommunicationProblem-solvingCoachingIndependenceAdaptabilityMultitaskingPressure handlingBack Office System Knowledge FIS PHASE 3BloombergSQLAdvanced Excel knowledge