Securities Clearing – Equity Financing

Groupe BPCE; New York (NY); Hybrid; USD 140,000 - 180,000; Full time

Benefits offered by this job

Discretionary incentive award

Job summary

Natixis is seeking a Securities Clearing Specialist (VP) in New York to lead the daily lifecycle events of principal trading activities, including fixed-income and equity transactions. You will work closely with Front Office and institutional clients, performing complex settlements, reconciliations, and risk mitigation with high attention to accuracy and deadlines.

The role requires a bachelor’s degree, Series 99 license, and 7+ years in clearing operations.

Qualifications

• Bachelor’s degree in finance or a related field and extensive operational experience in clearing/settlement.
• Active Series 99 registration is required.
• Strong analytical, troubleshooting, and communication skills, with ability to manage high-volume workflows.

Responsibilities

• Post-Trade Lifecycle Controls: perform rigorous controls on post-trade lifecycles for securities trading and repos.
• Intraday Reconciliation: execute complex reconciliations between internal systems and clearing accounts.
• Risk Mitigation and Resolution: research and resolve complex transaction discrepancies to avoid failed trades.
• Settlement Functions: complete daily settlement, including intraday borrowing and pair-offs.
• Exposure Monitoring: monitor positions and cash movements to minimize exposure during settlements.
• Inquiry and Audit Response: provide detailed responses to institutional inquiries and audit requests.

Skills

Analytical skills

Troubleshooting

Communication

Data analysis

Education

Bachelor's degree

Series 99 registration

Tools

Summit

Fidessa

Loanet

Job description

At Natixis, we co-create smart, innovative, and sustainable financial solutions with our clients. As a global financial services firm, we foster a culture of collaboration, agility, and excellence. Joining Natixis means partnering with diverse, high-performing teams to support dynamic global markets while expanding your professional horizons.

Summary of Position

We are seeking an experienced and highly technical specialist to join our team as a Securities Clearing Specialist (VP). Operating as a senior individual contributor, you will run and support the platform’s equity and fixed-income clearing activities. In this role, you will work closely with the Front Office as the dedicated, high-level Operations resource for complex transactions.

You will be responsible for the daily execution of the lifecycle events of the firm’s principal trading activities, including syndicated fixed-income private placements, fixed-income repurchase agreements (repos), and equity stock borrow loan transactions. These lifecycle events include advanced deal pre-matching, trade settlement, and complex daily reconciliations and controls. This position requires frequent, direct professional interaction with our Front Office deal teams and the firm’s institutional client base.

Essential Duties and Responsibilities

Post-Trade Lifecycle Controls: Perform rigorous controls on product post-trade lifecycles for security trading and repos, including Treasuries, Agencies, Corporates, Medium-Term Notes (MTNs), and GSCS Global Markets.

Intraday Reconciliation: Execute complex intraday reconciliations between internal Natixis systems and the firm’s clearing accounts to ensure absolute data alignment.

Risk Mitigation and Resolution: Research and resolve complex transaction discrepancies and exceptions to proactively avoid expensive failed trade scenarios.

Settlement Functions: Complete the daily settlement function, including executing intraday borrowing of securities from clearing banks, initiating pair-offs where applicable, and resolving complex open items.

Exposure Monitoring: Monitor bank screens for position and cash movements to guarantee the lowest possible exposure during settlements.

Inquiry and Audit Response: Prepare detailed technical responses to institutional customer inquiries, internal investigations, and audit requests.

Qualifications and Requirements

Education and Experience: A bachelor’s degree, paired with extensive, hands-on operational experience within the financial services industry, specifically focusing on clearing and settlement.

Licensing: An active Series 99 registration is required.

Technical Proficiency: High proficiency in Microsoft Word and Microsoft Excel for data analysis and reporting.

System Experience: Strong technical familiarity with institutional fixed-income and equity trading systems, such as Summit, Fidessa, and Loanet.

Professional Competencies: Strong analytical, troubleshooting, and communication skills, with the ability to manage high-volume transactional workflows independently under tight daily deadlines

The salary range for this position will be between $140,000 - 180,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance

.• College degree, 7 years minimum experience in listed clearing operations with an emphasis on equities, options and futures.
We are seeking a Global Markets Operations manager to oversee the Listed Clearing team which is responsible for the settlements, controls, cash management and client service of all listed equity products. This will require a strong focus on DTC Cash Equity settlements, Stock Borrow/Loan (US & Foreign), Options clearing in OCC. The ideal candidate will possess strong communication skills and a proven track record of building collaborative relationships across the broader operational community. The candidate must have working knowledge of everything listed above.