Our Client, a Global Investment Bank, is seeking a Settlements Analyst in their New York, NY location.
Responsibilities
- Manage and oversee all derivative cash flow settlements across derivative entities.
- Enter and verify settlement instructions in the company's system, including client callback instruction verification.
- Agree, process, and reconcile netting based on counterparty instructions.
- Investigate and resolve CLS discrepancies, reconciling and posting CLS funding.
- Track, investigate, and recover non-receipt of funds.
- Reconcile balance sheet and nostro breaks in coordination with Finance and Bank staff.
- Process settlements using systems such as GTSS, Finastra, Bloomberg CMS, FXall, and 360T.
Requirements
- Bachelor's degree required.
- 1–3 years of experience in settlements or related financial operations.
- Proficiency in settlement systems such as GTSS, Finastra, Bloomberg FXSS, FXall, and 360T.
- Knowledge of SWIFT formatting and wire entry setup for USD and foreign currencies is highly preferred.
- Strong investigative skills to track and resolve non-receipts of funds and reconcile discrepancies.
- Familiarity with CLS cash flow management, balance sheet, and nostro break investigations.