Fixed Income Settlements Manager

1 week ago


New York, United States Phaxis Full time

***We are seeking a highly skilled Fixed Income Settlements Manager to join our team- Hybrid NYC 40% Remote***


Responsibilities Include:


  • Oversee the fixed income settlement department, ensuring all accounts are balanced and settlement issues are promptly resolved throughout the day.
  • Ensure all tri-party agreements are accurately booked, matched, and fully allocated.
  • Perform journal entries and maintain balanced accounts.
  • Handle TMPG (Treasury Market Practices Group) claims efficiently.
  • Facilitate the settlement of securities, addressing issues, pair-offs, payments, and DKs (trade discrepancies).
  • Conduct tri-party clean-up and allocation processes.
  • Manage the team to expedite all settlements and minimize exposure.

Qualifications:

  • 5+ years of experience in Fixed Income settlements.
  • Prior work experience in the financial services industry.
  • FED experience


Base salary up to $150,000 + bonus - depending on experience


Please feel free to apply today



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