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Clearing and Settlement Analyst
Ref No.: 20-00419
Location: New York, New York
The Clearing and Settlement Analyst is accountable for managing the end-to-end clearing and settlement process; ensuring smooth and timely market settlement of securities and cash transfers between the bank and its counterparty. This includes clearing and settlement through primary and secondary markets, or direct payment to clients and banks.

The Clearing and Settlement Analyst supports interfaces with different internal and external stakeholders (front office, clients, brokers, nostro agents, exchanges and clearing houses) involved in the clearing and settlement process chain, according to the market standards. The role is responsible for trade date to settlement date processes (pre-matching and confirmation, trade processing, cash transfer, instruction routing, depot and inventory management, funding and settlement monitoring) and post-settlement date processes (fails management).

Transaction management of the firm's US Listed Options portfolio across all participating our Client franchise desks.
Timely and accurate processing of exercises and assignments into firm systems.
Ensure delivery of assignment notices to internal clients so they are aware of their actual positions before the opening tick.
Reconciling internal position balances vs. open positions recognized by the Options Clearing Corp (OCC).
Ensure full control over end-to-end processes with a key focus on our regulatory, risk and control landscape.
Effectively trigger escalation protocol and highlight issues to all relevant stakeholders at their point of identification.