Settlements Analyst

BizTek People; New York (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

A leading company seeks a Settlements Analyst to manage derivative cash flow settlements and ensure accuracy in settlement instructions. The ideal candidate will have a Bachelor's Degree and 1-3 years of relevant experience in finance and operations, contributing to cash flow management and reconciliation processes. This role involves collaboration with finance and bank teams to resolve discrepancies and ensure smooth settlement processes.

Qualifications

• Minimum 1-3 years of experience required.
• Investigate balance sheet and nostro breaks.
• Track and recover non-receipts of funds.

Responsibilities

• Manage derivative cash flow settlements.
• Enter and verify settlement instructions’ accuracy.
• Reconcile netting based on counterparty instructions.

Skills

Reconciling

CLS

Operations

Finance

CMS

Education

Bachelor's Degree

Job description

Requisition# 35552293

Settlements Analyst (0-3 YOE):Settlements Analyst (0-3 YOE)

Job Title: Settlements Analyst

Key Responsibilities:

Each team member works collaboratively to execute the following responsibilities on a daily and adhoc basis.

Job Description:

• Manage and oversee all derivative cash flow settlements across the derivative entities.
  

• Responsible for entering settlement instructions into the company’s system and checking them for accuracy, including completing client call back instruction verification.
  

• Agreeing, processing and reconciling netting based on counterparty instructions.
  

• Track, investigate & recover non receipts of funds.
  

• Tie CLS cash flows to the internal system. Investigate CLS discrepancies. Reconcile, agree and post CLS funding.
  

• Investigate balance sheet and nostro breaks with Finance and Bank staff members
  

• Processing occurs within the following external confirmation/Settlement Systems 360T, Bloomberg CMS, MiSYS, GTSS and FX All Settlement Center
  

Skills:

• minimum 1-3 years of experience required.
  

• Track, investigate & recover non receipts of funds.
  

• Tie CLS cash flows to internal system. Investigate CLS discrepancies. Reconcile, agree and post CLS funding.
  

• Investigate balance sheet and nostro breaks with Finance and Bank staff members.
  

Education:

• Bachelor's Degree
  

Skills:

• Required
  

• RECONCILING
  

• CLS
  

• OPERATIONS
  

• FINANCE
  

• CMS
  

Additional

• SETTLEMENTS
  

• BALANCE SHEET
  

• CONTENT MANAGEMENT SYSTEM
  

• CASH FLOW