Settlements Analyst

Northbound Executive Search; Jersey City (NJ); On-site; USD 80,000 - 120,000; Full time

Job summary

Northbound Executive Search client, a well-known Financial Services firm in Jersey City, is hiring a Settlements & Clearing Analyst to support clearing, settlement, and post-trade operations across fixed income, futures, and derivatives.

You will monitor margin activity, coordinate cash movements, and work with trading desks, clearing brokers, and counterparties to resolve operational breaks and improve workflows.

Qualifications

• Experience in financial services operations, particularly clearing, settlements, futures, derivatives, or post-trade processing.
• Understanding of trade lifecycles, clearing and settlement processes, margin management, and cash movements.
• Exposure to futures, listed derivatives, exchange-traded derivatives, or fixed income products.
• Experience with margin processing, wire payments, cash management, collateral management, or client clearing is preferred.
• Familiarity with clearinghouses such as CME, LCH, or ICE Clear is a plus.
• Experience with systems such as GMI, FIS GMI, Calypso, or Murex is beneficial.

Responsibilities

• Support clearing, settlement, and post-trade operations across fixed income, futures, and derivatives products.
• Assist with operational readiness and implementation efforts for new clearing requirements across cash and repo markets.
• Monitor and process daily margin activity, including initial margin, variation margin, and margin calls.
• Coordinate cash movements, wire payments, and settlement activity to ensure timely and accurate processing.
• Work with trading desks, internal operations teams, clearing brokers, and external counterparties to resolve operational breaks and discrepancies.
• Investigate issues related to trade processing, clearing, settlement, margin, and collateral management.
• Support client clearing activities and maintain accurate records in accordance with established procedures and controls.
• Identify process gaps and contribute to workflow improvements, system enhancements, and implementation projects.

Tools

GMI

FIS GMI

Calypso

Murex

Job description

Our client, a well-known Financial Services firm in Jersey City, is looking for a Settlements & Clearing Analyst to join its team.

Responsibilities:

• Support clearing, settlement, and post-trade operations across fixed income, futures, and derivatives products.
• Assist with operational readiness and implementation efforts for new clearing requirements across cash and repo markets.
• Monitor and process daily margin activity, including initial margin, variation margin, and margin calls.
• Coordinate cash movements, wire payments, and settlement activity to ensure timely and accurate processing.
• Work with trading desks, internal operations teams, clearing brokers, and external counterparties to resolve operational breaks and discrepancies.
• Investigate issues related to trade processing, clearing, settlement, margin, and collateral management.
• Support client clearing activities and maintain accurate records in accordance with established procedures and controls.
• Identify process gaps and contribute to workflow improvements, system enhancements, and implementation projects.

Qualifications:

• Experience in financial services operations, particularly clearing, settlements, futures, derivatives, or post-trade processing.
• Understanding of trade lifecycles, clearing and settlement processes, margin management, and cash movements.
• Exposure to futures, listed derivatives, exchange-traded derivatives, or fixed income products.
• Experience with margin processing, wire payments, cash management, collateral management, or client clearing is preferred.
• Familiarity with clearinghouses such as CME, LCH, or ICE Clear is a plus.
• Experience with systems such as GMI, FIS GMI, Calypso, or Murex is beneficial.