Settlements Analyst

TEKsystems; Chicago (IL); Hybrid; USD 125,000 - 150,000; Full time

Job summary

An established industry player is seeking a detail-oriented Settlements Analyst for a dynamic hybrid role in Chicago. This position offers a unique opportunity to support High Priority Clients within the Federal System. The ideal candidate will have a solid foundation in Fixed Income Settlements, strong analytical skills, and proficiency in Excel. You will play a crucial role in ensuring the accurate processing of financial transactions and collaborating with various stakeholders. Join a forward-thinking company that values your contributions and offers a competitive hourly wage along with a comprehensive benefits package.

Benefits

Medical, dental & vision insurance

401(k) with pre-tax and Roth options

Life Insurance

Short and long-term disability

HSA and transportation benefits

Employee Assistance Program

PTO, vacation, and sick leave

Qualifications

• At least 1 year of experience in Settlements, specifically Fixed Income.
• Strong analytical skills and proficiency with data in Excel.

Responsibilities

• Ensure smooth processing of financial transactions related to securities.
• Collaborate with stakeholders for efficient settlement processes.

Skills

Settlements experience

Analytical skills

Excel proficiency

Ability to work in fast-paced environment

Tools

BONY BDC

CDS

DTCC

Clearstream

Broadridge Impact

Fed system Settlements (NSS)

Macros

Job description

Brief Summary

This Clients Fixed Income Securities Operations group is seeking a Settlements Analyst for a 12-month contract, with potential extension or conversion to a permanent role. This hybrid position is based in Chicago, IL, and requires a detail-oriented professional to support High Priority Clients within the Federal System (NSS).

Responsibilities

• Ensure the smooth and accurate processing of financial transactions related to securities, trades, or loans.
• Analyze data, reconcile accounts, and investigate discrepancies to facilitate timely settlement of financial obligations.
• Identify issues, provide analytical input, and recommend process improvements.
• Collaborate with internal and external stakeholders, including front office teams, clients, brokers, and clearing houses, to ensure efficient settlement processes.

Qualifications

MUST HAVES

• At least 1 year of experience in Settlements, specifically Fixed Income.
• Ability to work efficiently in a fast-paced environment.
• Strong analytical skills and proficiency with data in Excel.
• Experience with BONY BDC - Broker Dealer Clearing system is highly preferred.

NICE TO HAVES

• Experience with CDS, DTCC, Clearstream, or other depository systems.
• Familiarity with Broadridge Impact back-office system.
• Experience with Fed system Settlements (NSS), especially with High Priority Clients.
• Knowledge of Macros.

Pay and Benefits

The hourly pay range is $40.00 - $45.00. Eligibility for benefits depends on employment classification and duration, and may include:

• Medical, dental & vision insurance
• Critical Illness, Accident, Hospital coverage
• 401(k) with pre-tax and Roth options
• Life Insurance and Voluntary Life & AD&D
• Short and long-term disability
• HSA and transportation benefits
• Employee Assistance Program
• PTO, vacation, and sick leave

Workplace Type

This role is a hybrid position based in Chicago, IL.

Application Deadline

The position is expected to close on May 21, 2025.

About TEKsystems

TEKsystems is a leading provider of business and technology services, helping clients accelerate business transformation through strategy, design, and operational solutions. With 80,000 employees serving over 6,000 customers worldwide, including 80% of the Fortune 500, we are committed to delivering impactful business outcomes. TEKsystems and TEKsystems Global Services are part of Allegis Group. Learn more at TEKsystems.com.

The company is an equal opportunity employer, considering all applications regardless of race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, or genetic information.