Senior Securities Settlement Specialist

4 weeks ago


San Francisco, California, United States Michael Page Full time
Job Description:

As a Senior Securities Settlement Specialist at Michael Page, you will play a crucial role in ensuring the timely and accurate settlement of securities transactions.

Key Responsibilities:

  • Monitor and facilitate the settlement of securities transactions: Ensure timely transfer of securities between buyers and sellers on the trade date or settlement date.
  • Reconcile trade details: Compare and verify trade data between brokers, custodians, and other counter parties to ensure accuracy.
  • Resolve discrepancies: Investigate and address any mismatches or errors in trade details, involving communication with relevant parties to resolve issues.
  • Maintain compliance with regulations: Ensure all transactions comply with regulatory standards, internal policies, and market rules.
  • Liaise with internal and external stakeholders: Communicate with traders, brokers, custodians, and other financial institutions to ensure smooth settlement processes.
  • Perform daily reconciliation and reporting: Review settlement status and provide daily reports on pending, settled, or failed transactions.
  • Manage failed trades: Investigate and resolve failed transactions, coordinating with all involved parties to correct issues.
  • Process corporate actions: Handle and process any corporate actions, such as dividends, stock splits, and mergers, related to securities being settled.

Requirements:

  • 3-5 years of relevant experience
  • Working knowledge of DTC systems
  • FIS Phase 3 knowledge a plus
  • Bachelors Degree preferred
  • Ability to work in a team environment
  • Strong communication skills

What We Offer:

  • Competitive salary: $80,000 - $110,000 per year
  • Opportunity for long-term employment
  • Hybrid working model
  • Health Benefits (Medical, Dental, Vision)

Michael Page is an equal opportunities employer. We welcome applications from diverse candidates.



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