Senior Settlements Administrator

Job Summary

A company is looking for a Senior Settlements Administrator to manage trade processing, clearance, and settlement of complex domestic trades and derivative instruments.

Key Responsibilities

• Ensure proper trade flow from the Front Office system to the Accounting System and confirm trades with counterparties
• Investigate and resolve discrepancies with brokers, custodians, and traders while monitoring failed trades
• Set up security master files and derivative instruments in the accounting system, and reconcile margin cash movements

Required Qualifications

• Bachelor's degree in Accounting, Finance, or related field, or equivalent experience
• Three years of directly related experience in investment administration within a financial industry firm
• Two additional years of experience required if no degree is held
• Strong knowledge of securities and derivative products and settlement methods
• Intermediate to advanced proficiency in MS Office, especially Excel