Global Settlement Admin
Job description
Our client is looking for a Global Settlements Administrator to join their team. This person is responsible for supporting the domestic and equity investment process. This includes, but is not limited to, providing timely and accurate support to Traders, Portfolio Managers, Analysts and Client Services.
Resolution of Settlement Problems – Work with brokers and custodians to ensure timely settlement of trades. Resolve any settlement problems and/or settlement failures in order to avoid monetary or trading sanctions.
Research – Coordinate and provide information regarding shares available for sale and outstanding trade issues.
Trade Matching – Monitor internal systems to ensure that block trades and allocations match properly and that trade settlement instructions are accurately communicated to brokers and custodian banks. Verify that affirmations/confirmations have been processed and delivered to brokers and custodian banks. Research and correct any mismatched trades by verifying internal trade data with our trading area and verifying data with brokers as necessary. Maintain files of matched trades as required by internal standards and regulatory requirements.
Trade Notification – Monitor internal systems to be sure SWIFT notifications are correctly sent to custodian banks. Ensure proper notification of all non-SWIFT trades through affirmations or faxes.
Qualifications:
Bachelor’s degree in business, finance, accounting or management. Two to three years experience in an investment operations department or similar role.
- Knowledge of equity securities and/or some exposure to fixed income securities
- Strong interest in securities operations and investment management
- Proficiency in standard office automation packages such as MS Excel, MS Word, MS Access, Lotus Notes
- Strong communication skills
- Experience with SWIFT, ALERT, Heliograph, Charles River, GTSS preferred
Dexian is a leading provider of staffing, IT, and workforce solutions with over 12,000 employees and 70 locations worldwide. As one of the largest IT staffing companies and the 2nd largest minority-owned staffing company in the U.S., Dexian was formed in 2023 through the merger of DISYS and Signature Consultants. Combining the best elements of its core companies, Dexian’s platform connects talent, technology, and organizations to produce game-changing results that help everyone achieve their ambitions and goals.
Dexian’s brands include Dexian DISYS, Dexian Signature Consultants, Dexian Government Solutions, Dexian Talent Development and Dexian IT Solutions. Visit https://dexian.com/ to learn more.
Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.
