Fixed Income Settlements Analyst

Mission Staffing; Jersey City (NJ); On-site; USD 70,000 - 100,000; Full time

Job summary

Mission Staffing's client in Jersey City seeks a Fixed Income Settlements Oversight Analyst to monitor daily outsourced settlement activity and challenge the vendor. You will work closely with the team lead and receive hands-on training from a senior member of the team, focusing on preventing issues and driving process improvements.

The role requires 2+ years in fixed income operations, familiarity with Fed/DTC/Tri-Party settlements, and strong Excel skills.

Qualifications

• 2+ years of experience in fixed income operations, clearance or settlements.
• Experience with Fed, DTC or Tri-Party settlements and understanding of the others.
• Experience at a bank, broker-dealer or fund; buy-side candidates encouraged.
• Strong Excel skills (lookups, pivots); automation is a plus.
• Comfort with AI tools and process automation.

Responsibilities

• Oversee the outsourced fixed income settlements process, monitoring daily activity, fails and exceptions.
• Review vendor output and ensure service levels and quality standards.
• Investigate and resolve settlement breaks and discrepancies; escalate when needed.
• Support clearance and settlement flows across Fed, DTC, and Tri-Party.
• Communicate with internal teams, custodians, counterparties and the provider on open items.
• Use Excel and other tools to analyze data, build reports and identify trends in fails.
• Identify process gaps and opportunities to improve controls, efficiency and automation.
• Document procedures and support training within the team.

Skills

Fixed income operations knowledge

Problem-solving

Independent decision making

Clear communication

Tools

Excel

Job description

Our client, a financial institution, is seeking a Fixed Income Settlements Oversight Analyst to join its operations team in Jersey City, NJ. This is an operational role within fixed income settlements, but the day-to-day processing is outsourced to a third-party provider. The role is oversight: monitoring settlement activity, challenging the vendor, resolving exceptions, and escalating issues before they become problems.

The ideal candidate knows settlements well enough to spot when something is wrong, thinks on their feet, and is comfortable making decisions independently. The role will work closely with the team lead and receive hands‑on training from a senior member of the team.

Responsibilities:

• Oversee the outsourced fixed income settlements process, monitoring daily settlement activity, fails and exceptions
• Review vendor output and hold the provider accountable to service levels and quality standards
• Investigate and resolve settlement breaks, fails and discrepancies, and escalat when needed
• Support clearance and settlement flows across Fed, DTC and Tri-Party
• Communicate with internal partners, custodians, counterparties and the outsourced provider on open items
• Use Excel and other tools to analyze data, build reports and identify trends in fails and exceptions
• Identify process gaps and opportunities to improve controls, efficiency and automation
• Document procedures and support training and knowledge transfer within the team

Requirements:

• 2+ years of experience in fixed income operations, clearance and settlements, or a closely related area
• Working experience in at least one of Fed, DTC or Tri-Party settlements, with an understanding of how the other two work
• Experience at a bank, broker‑dealer or fund. Buy‑side candidates who have overseen settlements are encouraged to apply
• Strong Excel skills (lookups, pivots, data analysis); comfort with macros or other automation is a plus
• Comfort with changing technology, including AI tools and process automation
• Strong problem‑solving skills and the confidence to make decisions without waiting for direction

Clear, professional communication and the ability to work with vendors and internal team