Senior Settlements Manager

1 week ago


White Plains, New York, United States Sumitomo Mitsui Financial Group, Inc. Full time
Job Title: Senior Settlements Manager

Join Sumitomo Mitsui Financial Group, Inc. as a Senior Settlements Manager and take on a challenging role in our Derivative Operations team. As a key member of our team, you will be responsible for ensuring timely settlement of cashflows, identifying and escalating settlement breaks, and maintaining accurate documentation for all group-owned controls and processes.

About the Role

The Senior Settlements Manager will lead a team of Settlements professionals in ensuring timely settlement of cashflows, including pre-settlement preparation and post-settlement reconciliation. You will work closely with Front Office, Back Office, and IT to deliver on business objectives and ensure compliance with relevant regulatory requirements.

Key Responsibilities
  • Lead a team of Settlements professionals in ensuring timely settlement of cashflows
  • Identify and escalate settlement breaks as needed
  • Understand and ensure compliance with relevant regulatory requirements
  • Proficiency using various industry-standard platforms as well as proprietary systems
  • Identify opportunities for process improvements and implement changes to enhance efficiency and accuracy
  • Actively contribute and test projects related to system enhancements and new industry initiatives and products
  • Maintain accurate documentation for all group-owned controls and processes
  • Ensure compliance with internal policies and procedures
  • Act as a liaison for senior management on settlement-related issues
Requirements
  • 7+ years of experience in financial services
  • 3+ years of experience working in Settlement capacity
  • BA/BS required
  • MBA a plus
  • Degree in Finance, Accounting or related discipline is preferred
About Us

Sumitomo Mitsui Financial Group, Inc. is a top-tier global financial group with a 400-year history. We offer a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. Our Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries.

We are an equal employment opportunity employer and welcome applications from diverse candidates. If you need a reasonable accommodation during the application process, please let us know at [redacted].



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