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Michael Page

Settlements Analyst - Prime Brokerage

Michael Page, Jersey City, New Jersey, United States, 07390


Experience with a Global Financial InsitutionOpportunity for long term employmentAbout Our Client

A global financial services firm that offers a wide range of both business and personal banking services.

Job Description

Trade Settlement:

Process and reconcile trades for various financial instruments, ensuring timely settlement in accordance with established deadlines.Prime Brokerage Services:

Collaborate with internal teams to facilitate the settlement of transactions related to prime brokerage services, including equity, fixed income, and derivatives.Reconciliation:

Conduct daily reconciliation of trade positions, cash, and securities, investigating discrepancies and resolving issues efficiently.Client Interaction:

Serve as a point of contact for clients regarding settlement inquiries, providing support and maintaining strong relationships.Risk Management:

Monitor settlement risks and implement measures to mitigate potential issues, ensuring compliance with regulatory requirements.Reporting:

Prepare and distribute settlement reports and metrics, analyzing data to identify trends and areas for improvement.Process Improvement:

Identify and recommend process enhancements to streamline settlement operations and improve efficiency.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Bachelor's degree in Finance, Business, or a related field.3+ years of experience in settlements or operations within a prime brokerage environment.Strong understanding of financial instruments, trade life cycles, and settlement processes.Proficient in settlement systems and reconciliation tools; familiarity with industry-standard platforms (e.g., Omgeo, SWIFT) is a plus.Excellent analytical skills with a keen attention to detail.Strong communication skills, both written and verbal, with the ability to collaborate effectively across teams.Ability to work under pressure and manage multiple priorities in a fast-paced environment.What's on Offer

Opportunity for long term employmentHybrid working scheduleCompetitive pay ratesHealth Benefits - Medical, Dental, Vision

Contact

Francesca Parra

Quote job ref

JN-092024-6544286