Trade Settlement Analyst (Chicago, IL)

Trade Settlement Analyst

Lewis James Professional is a woman-owned staff augmentation, project consulting and direct hire search and placement firm. We are currently seeking a Trade Settlement Analyst for a direct hire opportunity with a financial services client.

Responsibilities:

• Manage daily trade allocation process and work with clients to meet the regulatory allocation time frames
• Monitor trade affirmations to comply with T+1 regulations
• Ensure timely and accurate settlement of trades, while mitigating operational risk
• Process and reconcile daily trade settlements in a timely and accurate manner
• Monitor and manage trade exceptions, ensuring prompt resolution and escalation when necessary
• Conduct thorough research and analysis to identify and resolve any discrepancies in trade settlements
• Collaborate with various internal teams to ensure smooth settlement processes
• Develop and maintain strong relationships with external clients and counterparties to facilitate efficient settlement processes
• Utilize a strong understanding of financial markets to identify and mitigate potential operational risks
• Stay up to date on industry regulations and compliance requirements related to trade settlements
• Create and maintain detailed documentation of settlement processes and procedures
• Communicate with internal and external stakeholders to provide status updates and resolve any issues or concerns related to settlements
• Provide support to other team members and assist with ad hoc projects as needed
• Validate and reconcile MSRB, TRACE, and CAT regulatory trade reporting

Qualifications:

• Bachelor’s Degree
• 2-5 Years experience in trade operations, settlements, or allocations
• FINRA Series 7
• Work together with team members to ensure accurate and timely securities trade and settlement processing
• Resolve operational or trading issues by coordinating with other departments and external parties
• Execute on in-depth investigations for all trade exceptions, both internally and with a clearing firm, to create timely resolutions
• Experience working with mortgage products, including TBA and Pools
• Examine life cycle of MBS Securities
• Manage successful settlement of DTCC, FICC and Fedwire trades
• Handle daily margin activity and collateral exchange
• Experience with regulatory trade reporting
• Knowledge of securities regulations, compliance, and industry standards.
• Ability to manage multiple priorities in a fast-paced environment
• Ability to create and foster strong partnerships with business partners
• Bloomberg/TOMS experience
• Strong understanding of securities markets and trade settlement processes

For immediate consideration, please click “Apply” and use Job Code BHJOB11837_4307. You may also send a copy of your resume to: resumes@lewisjamesprofessional.com and enter only the following job code in the subject line: BHJOB11837_4307. Lewis James Professional is an Equal Opportunity Employer. M/F/D/V