Social Capital Resources
Fixed Income Clearing Manager
Social Capital Resources, Greenwich, Connecticut, United States
Top-Tier Financial Services Firm in Stamford, Connecticut is seeking a Fixed Income Clearing Manager for a permanent position Responsibilities: Utilize in-depth knowledge of FIS and BNY BDC systems to ensure the timely settlement of client transactions. Monitor the firm's liquidity to mitigate potential overdraft charges within BNY. Track failed transactions (TMPG) and proactively follow up with counterparties to ensure fund settlements. Oversee client FICC activities and manage uncompared transactions, ensuring alignment with fund settlement requirements. Coordinate with clients’ trading desks on collateral movements across various BNY accounts. Identify and mitigate risks associated with high-value trades to minimize operational exposure. Escalate operational issues or client complaints to senior management as necessary. Foster strong working relationships with internal teams and clients’ trading desks to ensure seamless operations. Perform additional duties or responsibilities as required to support team and organizational goals. Qualifications: Minimum of 4 years of experience in Fed Settlement operations. Comprehensive understanding of FIS and BNY BDC systems. Familiarity with reconciliation processes between BNY and Impact. Deep knowledge of TMPG and FICC processes, including CFM. Strong functional and technical expertise in systems like IFIS, BNY BDC, and FICC. Ability to thrive in a collaborative, fast-paced, and dynamic environment. Excellent analytical and problem-solving skills, with a capacity to navigate complex operational challenges Solid understanding of Fed Settlement operations, products, and processes. Proven ability to recognize high-risk items and escalate appropriately to mitigate losses or breaks.