Senior Operations - Trade Settlements


Financial Services


New York, New York

Employment Type



Top-tier Distressed Fund in NYC is looking to fill an experienced role overseeing trade settlements across all their funds/strategies. This person will get great exposure on a fairly lean team. 

Compensation : $100000 - $130000
Job ID : 19903

Job Functions:  

  • Communicating, confirming, settling/funding and reconciling derivative trades (CDS, IRS, Futures, OTC) and support responsibilities utilizing Markitwire, MTM, DTCC and FCM applications
  • Communicating, confirming, settling/funding and reconciling securities trades and allocations; working with traders, counterparties, clearing brokers, and clearing houses
  • Primarily support long/short investments in multi-currency fixed income securities in global high yield, structured products and emerging markets settling at DTC, Euroclear and local countries
  • Hands on w/ Prime Broker/Custodian Web Sites, Omgeo Alert, CTM & Oasys to manage the confirmation, allocation and trade flow
  • Reporting failed trades
  • Resolving trade issues
  • Reconciling trade flow between CRD and VPM
  • Setting up new accounts and brokers on the confirmation, clearing and trade communication systems
  • Matching and confirming trades
  • Initiating wires for settlement
  • Reconciling cash and positions post settlement
  • Extracting data/enhancing reports using data warehouse
  • Working with IT and management on application enhancements and new application implementation
  • Cross-train and backup all derivative (CDS, IRS, Futures, OTC) support responsibilities utilizing Markitwire, MTM, DTCC and FCM applications

Job Requirements:  

  • Buy side experience
  • Strong Excel skills and high aptitude to learn new applications
  • Good understanding of trade matching, confirmation and clearance process
  • Strong attention to detail, very good analytical and problem-solving skills
  • Must be a team player and possess a strong desire to resolve issues as they occur
  • Excellent communication, relationship-building, and interpersonal skills
  • Individual should have a high energy level and be a creative thinker in a changing environment
  • Knowledge of Charles River OMS (CRD) and VPM Accounting System a plus
  • Bachelor's Degree in either Finance or Accounting


Disclosure:  The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.