Senior Settlements Associate (Hybrid)

Broadridge Financial Solutions; Edgewood (NY); On-site; USD 48,000 - 55,000; Full time

Job summary

Broadridge Financial Solutions seeks a Senior Settlement Associate to support outsourced operational settlement tasks. You will ensure timely DTC settlements, manage discrepancies, and coordinate with clients and internal teams to uphold service levels.

The role emphasizes precise balance reconciliation, issue resolution, and process improvements in a fast-paced environment.

Qualifications

• 3-5 years of DTC Settlements experience.
• Bachelor's degree or equivalent experience.

Responsibilities

• RAD Management DK's Free receives Resolve DVP/RVP differences SPO processing.
• Pair offs as required - directed by M/O and counterparty interaction.
• EOD Balancing and Funding.
• Buy-in processing.
• Fail Control & Reporting.
• FINRA Extension filing.
• RegSho 204 Reporting Obligation.
• Warehouse activities including Recaps.
• Stock & Cash breaks reconciliation.
• New Issue processing - strictly settlement processing and fails management.
• ETF Settlement Processing.
• Deposit and Withdrawal at Custodian (DWAC) for Buybacks and Conversions.

Skills

DTC Settlements

Communication

Self-motivated

Process improvement

Learning mindset

Education

Bachelor's degree

Job description

At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you’re passionate about developing your career, while helping others along the way, come join the Broadridge team. Broadridge is hiring! We’re seeking a Senior Settlement Associate to join our stellar team! You will have the opportunity to provide outsourced operational/transactional business process support for clients. You will ensure quality service and operational performance within the parameters of both the client needs and contract.

Responsibilities

• RAD Management DK's Free receives Resolve DVP/RVP differences SPO processing
• Pair offs as required - directed by M/O and counterparty interaction
• EOD Balancing and Funding
• Buy-in processing
• Fail Control & Reporting
• FINRA Extension filing
• RegSho 204 Reporting Obligation
• Warehouse activities including Recaps
• Stock & Cash breaks reconciliation
• New Issue processing - Strictly settlement processing and fails management
• ETF Settlement Processing
• Deposit and Withdrawal at Custodian (DWAC) for Buybacks and Conversions

Qualifications

• 3-5 years of DTC Settlements experience
• Bachelor's degree/equivalent experience
• A driven individual who is looking for self and process improvement
• A willing learner who is open to new ideas and concepts
• Ability to meet and deliver positive work on strict deadlines
• Ability to strengthen bonds and communicate effectively and clearly with both colleagues and clients.
• Ability to review processes and come up with ways to improve the processes
• Self-motivated individual who wants to push themselves towards excellence
• BPS, IMPACT, DTC Settlements Web, DTCC Portal: Smart Track, Clearing Dashboard, Obligation Warehouse as a benefit

Compensation Range

The salary range for this position is between $35/hr to $40/hr. Broadridge considers various factors when evaluating a candidate's final salary including, but not limited to, relevant experience, skills, and education.

Bonus Eligible Benefits Information

Please visit www.broadridgebenefits.com for more information on our comprehensive benefit offerings #LI-PP1

We are dedicated to fostering a collaborative, engaging, and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates do their best when they feel safe, understood, and valued, and we work diligently and collaboratively to ensure Broadridge is a company—and ultimately a community—that recognizes and celebrates everyone’s unique perspective.

Use of AI in Hiring

As part of the recruiting process, Broadridge may use technology, including artificial intelligence (AI)-based tools, to help review and evaluate applications. These tools are used only to support our recruiters and hiring managers, and all employment decisions include human review to ensure fairness, accuracy, and compliance with applicable laws. Please note that honesty and transparency are critical to our hiring process. Any attempt to falsify, misrepresent, or disguise information in an application, resume, assessment, or interview will result in disqualification from consideration.

US applicants: Click here to view the EEOC 'Know Your Rights' poster.

Disability Assistance

We recognize that ensuring our long-term success means creating an environment where everyone is welcome, where everyone's strengths are valued, and where everyone can perform at their best. Broadridge provides equal employment opportunities to all associates and applicants for employment without regard to race, color, religion, sex (including sexual orientation, gender identity or expression, and pregnancy), marital status, national origin, ethnic origin, age, disability, genetic information, military or veteran status, and other protected characteristics protected by applicable federal, state, or local laws. If you need assistance or would like to request reasonable accommodations during the application and/or hiring process, please contact us at 888-237-7769 or by sending an email to [e-mail].

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in equities, fixed income, and other securities globally. A certified Great Place to Work, Broadridge is part of the S&P 500 Index, employing over 15,000 associates in 21 countries.

Broadridge is committed to creating an engaging workplace for the most talented associates in our industry. We are dedicated to fostering a collaborative, inclusive, and healthy environment that promotes flexibility and accountability. As a leading provider of technology, communications, and data and analytics solutions to businesses around the world, it is critical that we understand, embrace, and operate in a multicultural environment. Every associate has unique strengths, which, when fully appreciated and embraced, allow individuals to perform at their best, leading to our success. We believe that our associates are our most important asset. Encouraging professional development opportunities is a core part of our culture. Broadridge provides educational opportunities, including formal classes, training programs and events. To enable learning in our hybrid working model, Broadridge has redesigned all development programs for 100% virtual delivery. Our associates have access to 8,500+ online courses covering business, leadership, technical, and function-specific topics through our LinkedIn Learning program.