Settlements Specialist

5 days ago


White Plains, New York, United States SMBC Group Full time
Job Title: Settlements Specialist

SMBC Capital Markets, Inc. is a leading interest rates derivatives trading company based in New York City, with offices in London and Hong Kong. As a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC), one of the leading global banks in Japan, our Capital Markets business is an established derivatives dealer with a broad product portfolio, focusing on interest rates and foreign exchange.

Job Summary

The Settlements Specialist will be immersed in a fast-paced environment, responsible for daily settlement processing involving post-trade and pre-settlement reconciliation, including FX, Currency Swaps, USD Treasury, and CAD Treasury. This role will be located in our White Plains, NY office.

Responsibilities
  • Pre-settlement reconciliation and confirmation with a focus on settlement risk awareness and monitoring.
  • Payment processing for USD and FX, including payment instruction confirmation, USD and CAD Treasury trade confirmation, input, and clearance.
  • Broker fee reconciliation and payment.
Qualifications and Skills
  • Bachelor's Degree or equivalent in Accounting, Finance, Economics, or Mathematics.
  • 1+ years of relevant settlements experience preferred.
  • Settlements payment investigations and Swift experience a plus.
  • Team player ability with good analytical skills, attention to detail, time management skills, and ability to multi-task in a fast-paced environment.
What We Offer

SMBC offers a competitive portfolio of benefits to its employees, including a salary range of $65,000.00 to $80,000.00, with the specific salary offered based on individual qualifications, experiences, and market analysis. The role may also be eligible for an annual discretionary incentive award.



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