Markets Support Analyst - Fed Settlements

Fed Settlements Analyst

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The Fed Settlements Analyst is an integral position within the financial services sector, responsible for ensuring the smooth and efficient operation of the settlement process for transactions executed through the Federal Reserve by the trading desk. In today's rapidly evolving financial landscape, the importance of precise and timely settlements cannot be understated. The analyst will engage with various teams, including daily engagements with the trading and sales desks, operational teams, and regulatory bodies to facilitate optimal settlement practices. Furthermore, this role will involve resolving discrepancies in transaction records, ensuring compliance with regulatory standards, and implementing best practices to enhance settlement processes. The ideal candidate will be adept at leveraging analytical skills to interpret data, predict potential settlement issues, and develop strategies to mitigate risks. This position offers the opportunity to contribute to the wider financial ecosystem, enhance professional development, and participate in initiatives that drive process improvement and operational excellence.

Responsibilities

• Manage the settlement process for Fed transactions, ensuring accuracy and timely processing.
• Monitor and resolve discrepancies related to settlement reports and confirm settlements with counterparties.
• Liaise with various departments, including trading, finance, and compliance, to ensure alignment on settlement protocols.
• Conduct regular analysis of settlement data to identify trends, risks, and areas for process improvement.
• Assist in the development and execution of testing for new systems or enhancements related to settlement functions.

Required Skills

Other Qualifications

Enterprise description overview :

This job is responsible for providing operational support for securities, loans, exchange traded derivatives, and over the counter derivatives across multiple lines of business through the lifecycle of a trade. Key responsibilities include handling trading and operational activities before deadlines, maintaining internal systems, and providing operational support to internal partners. Job expectations include maintaining a high degree of accuracy with customers and data to ensure compliance with regulations and policies.