Settlements Analyst Job Description

Settlements Analyst Job Description

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Settlements analyst provides customer formula price analysis support to Asset Manager with reference but not limited to market product and feedstock price trend.

Settlements Analyst Duties & Responsibilities

To write an effective settlements analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included settlements analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Coverage of duties for absent colleagues
Funding of settlement flows
Pre- Confirm cash flows with external counterpaties ensuring that amount, direction and standard settlement instructions are accurate
Instruct payments and receipts resulting from coupons, fees and other cash flows
Dispute resolution through close interaction with clients, experts on the desk, MO and other operations teams
Reviewing control reports to clear breaks, exceptions and escalate to senior management if unresolved
Where appropriate, takes action on own, without waiting for direction from others
Monitor failing trade activity based on internal and external reporting
Assess market changes and present the impacts / recommendations to the business and Operations Management
Protect the Firm and its clients from market penalties associated with Asset Servicing events and trading

Settlements Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Settlements Analyst

List any licenses or certifications required by the position: CPA

Education for Settlements Analyst

Typically a job would require a certain level of education.

Employers hiring for the settlements analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Accounting, Economics, Business/Administration, Financial Services, Education, Finance/Accounting, Communication, Mathematics

Skills for Settlements Analyst

Desired skills for settlements analyst include:

Securities transaction processing
But not limited to
Commercial item acquisitions
Common procurement business and industrial practices
Federal Acquisition Regulations and statutes
Firm fixed price
Indefinite delivery indefinite quantity
Independent contractor
Price analysis
ADP

Desired experience for settlements analyst includes:

Degree relevant to financial services and/or prior experience of financial services would be advantageous
The Investment Operations Certificate (issued by the Chartered Institute for Securities & Investment) is required for this role
Self-driven with excellent communication and interpersonal skills (written and oral), confident with interaction with all level of employees, and with both internal and external clients
Energetic and capable of multi-tasking in a fast-paced environment
Flexible team player and aptitude to working well under pressure, in order to deliver high quality work within strict daily deadlines
Good organisational skills and ability to prioritise workload

Settlements Analyst Examples

1

Settlements Analyst Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of settlements analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for settlements analyst
  • Understand and meet the evolving expectations of key clients of the firm, with a risk focused mindset
  • Identifying root causes of inefficiencies in the settlement process and working with others in the team Technology and our Clearing Agents/Depositories to address these
  • Verifying trades and processing with or without minimum supervision
  • To process all STP and Non STP trades with zero errors for smooth street side settlement
  • To process all Mint/Euclid instructions in accordance to the trade details and ensure accuracy in the instruction sent to Custodian
  • To ensure all trades are processed by EOD accurately
  • Exchanging of SSIs and finalization of settlement confirmation arrangements with brokers
  • To maintain and ensure that all trade documentation are properly filed and archived
  • Able to liaise with custodians/brokers/middle office to resolve trade disputes and discrepancies
  • The role also entails - Familiarize himself/herself with internal tool landscape, infrastructure and processes
Qualifications for settlements analyst
  • Experience within a deadline driven environment, with a proven record of attention to detail and controls
  • Desired - Experience of securities products, an operations background and client facing
  • Work independently with limited supervision and is self motivated
  • Risk & Control focus
  • Ability to handle a fast paced environment making quick and effective decisions
  • Basic trade service and support (any product)
2

Settlements Analyst Job Description

Job Description Example
Our company is looking for a settlements analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for settlements analyst
  • Perform thorough and complete business analysis on the demands, either on new strategic initiative, enhancement request or permanent fix for production issues coming from primarily from Operations or else initiated by technology, front office and finance across the Asia Pacific region
  • Key face-off to the business on scope requirements and translate these demands into technical implementable solutions
  • Design solution in line the enterprise architecture principles and strategic roadmap
  • For new changes, produce test strategy and cases for the testing phase, both SIT & UAT
  • Participate in resolution of high severity production issues/outages
  • Be an SME on debt products and debt trade processing lifecycle with a reasonable understanding of local market nuances and should have working this global topic/ theme such as reporting requirements, banking secrecy, data privacy
  • Showcase your attention to detail by ensuring all trades are settled accurately
  • Monitor daily risk reports and reconcile cash breaks
  • Handle daily securities settlement and corporation action activities
  • Responsible for day-end procedures and daily stock reconciliation
Qualifications for settlements analyst
  • Experience in working closely with internal teams linked to Trade Settlements such as Re-org, Reconciliations, Cash management and the Trading Floor
  • 3-5 years experience required in a Trade Settlement function
  • Superlative interpersonal and communication abilities
  • Asian language skills are an advantage, especially Japanese or Korean
  • University degree holder majoring in Accounting, Finance, Economics, or other related discipline
  • Two years' experience in Back Office or Middle Office in a banking environment
3

Settlements Analyst Job Description

Job Description Example
Our growing company is looking to fill the role of settlements analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for settlements analyst
  • All position, trade and cash reconciliations are performed, breaks are narrated and cleared as appropriate and passed for sign off on a daily basis
  • To ensure that all internal and external reporting (Failed trades, Non-Standard Settlement, CASS, Safe Custody Statements, CSA, FTT, Stamp) are delivered as appropriate on a daily, weekly or monthly basis
  • To ensure all daily tasks are completed in line with the department procedures
  • Maintain up-to-date procedures and flows in Prima
  • To manage residuals and stock transfers
  • To manage Stamp Duty process on a daily basis
  • Monitor and manage Crest fines
  • Monitor and co-ordinate Equity placements and IPO’s from Global Investment Banking
  • To assist the department head on projects and new business initiatives as requested
  • Continue to develop product and market knowledge, to ensure that processes are in place to minimize operational, settlement and market risks
Qualifications for settlements analyst
  • Other TA areas, such as Dealing, Registration, and other internal areas such as
  • Strong experience at least 5 - 7 yrs as Business Analyst from Technical Standpoint
  • Demonstrate thorough understanding and knowledge on debt products (Fixed Income) and trade lifecycle
  • Strong understanding in Post-trade Settlements in Asia
  • Ability to adapt to new technologies, product lifecycles and working environments
  • Support all post confirmation processes associated with equity and debt instrument types
4

Settlements Analyst Job Description

Job Description Example
Our growing company is hiring for a settlements analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for settlements analyst
  • Reconciliation of cash positions and stock record between custodian/clearing agents/banks vs
  • Participate in enhancement projects
  • Demonstrate technical acumen and accuracy ensuring confirmations utilise the appropriate ISDA Definitions, Supplements and MCAs
  • Mitigate risk through maintaining accuracy and consistency around termsheets, risk bookings and confirmations
  • Proactively partner with internal groups (sales, trading, compliance) to execute confirmations
  • Design and initiate process improvements with thorough understanding of template architecture
  • Partner with the Legal Department to agree upon appropriate templates for new structures
  • Process Improvements – Champion reengineering programs with the goal of increasing efficiencies globally
  • Perform Risk Control Self Assessments, support Vendor Management and lead various risk initiatives
  • Participate in enhancement projects with Technology and other Operations colleagues, with an aim to improving scalability and efficiency of the confirmation process
Qualifications for settlements analyst
  • Use language that is specific, measurable (with numbers or observable criteria), and time-bound
  • Trade processing and confirmation
  • Margin asset servicing
  • Working to tight market deadlines
  • Support Japan market hours
  • Provide operational support to the Asian, London & New York based traders
5

Settlements Analyst Job Description

Job Description Example
Our growing company is looking to fill the role of settlements analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for settlements analyst
  • Showcase your attention to detail
  • Use your inquisitive mindset to identify control weaknesses and areas to improve efficiencies within the settlement lifecycle
  • Reporting failed trades
  • Reconciling trade flow between CRD and VPM
  • Setting up new accounts and brokers on the confirmation and clearing systems
  • Matching and confirming trades
  • Initiating wires for settlement
  • Confirming interest payments
  • Reconciling cash and positions post settlement
  • Monitor the effectiveness of the expiration and delivery process, to ensure timely and accurate publication of information to Members
Qualifications for settlements analyst
  • Strong focus on risk and controls
  • Flexible attitude to hours
  • Good service/client orientation
  • University graduate with at least 1 years of relevant professional experience
  • Familiar with local system/practices including CCASS operations
  • Excellent communication skills in both written and spoken English and Chinese, is a must

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