Hybrid Trade Settlement Operations Associate

PowerToFly; Boston (MA); Hybrid; USD 70,000 - 140,000; Full time

Job summary

Morgan Stanley Parametric is seeking a Trade Settlement Operations Associate to ensure timely and accurate settlement of domestic and international trades. The role involves working with brokers, custodians, and internal teams to identify and resolve at-risk trades and to support end-to-end post-trade processes.

The position requires a self-starter with meticulous attention to detail and the ability to work under tight deadlines.

Qualifications

• Bachelor’s degree. Concentration in business administration, finance, or accounting preferred.
• 4+ years of work experience in Financial Services, wealth or investment management preferred
• Competent in Microsoft Office programs, strong Excel skills necessary
• APX and Bloomberg experience a plus
• Must have strong professionalism and communication skills
• Displays excellent organization, time management and planning skills
• Ability to manage multiple tasks effectively
• Displays high attention to detail, accuracy, thoroughness and thoughtfulness.
• Commitment to meeting identified quality and efficiency standards.
• Working knowledge of the settlements process and the lifecycle of a trade is a plus
• Knowledge of DTCC Alert, CTM, TradeSuite and SWIFT messaging or other relevant systems preferred

Responsibilities

• Research and resolve complex problems relating to country specific trade and settlement issues.
• Ability to self-manage in a high volume, fast-paced environment with strict deadlines. Settling trades for over 200,000+ accounts and trade volumes of an average daily range of 500,000+
• Responsible for the entire post trade process, including transmission of trades to counterparties, matching/confirmation/affirmation of trades, and resolution of exceptions.
• Coordinate daily with counterparties and third-party venders to expedite timely settlement of trades.
• Evaluate and improve existing operational processes and procedures to reduce risk and increase efficiency.
• Aware of broader market events that could impact trading and settlement.
• Effectively communicate issues and challenges to larger team.
• Contribute to the creation and maintenance and of written procedures.
• Maintain day-to-day relationships with a wide range of brokers, custodians, and vendors.
• Recordkeeping/maintenance of client/broker records and files.
• Perform daily and monthly audits as required.
• Participate in technology development efforts as needed.
• Work independently with minimal supervision.
• Other duties as assigned.

Skills

Financial services experience

Strong communication skills

Attention to detail

Multi-tasking

Time management

Education

Bachelor's degree in business/finance/related field

Tools

Microsoft Excel

APX

Bloomberg

DTCC Alert

CTM

TradeSuite

SWIFT messaging

Job description

Morgan Stanley Parametric is seeking a Trade Settlement Operations Associate to ensure timely and accurate settlement of domestic and international trades. The role involves working with brokers, custodians, and internal teams to identify and resolve at-risk trades and to support end-to-end post-trade processes.

The position requires a self-starter with meticulous attention to detail and the ability to work under tight deadlines.