Senior Administrator – Settlements

This is a fully remote position, open to applicants in India.

📋 Description

• Execute, clear, and finalize intricate domestic and international securities transactions and derivative instruments.

• Facilitate the entire trade lifecycle from front-office execution to accounting, settlement, security master maintenance, derivative support, and exception management.

• Confirm trades with counterparties and inform custodian banks about upcoming settlements.

• Oversee failed trades, settlement queues, cash and position discrepancies, and high-risk or high-value transactions.

• Investigate and resolve complex settlement discrepancies and exceptions involving brokers, custodians, traders, counterparties, and internal partners.

• Conduct manual trade entry and manage structured-security factors and broker cash settlements.

• Establish, review, maintain, and validate Security Master Files utilizing Bloomberg, IDC, OnBase, custodians, and internal systems.

• Investigate security reference data, corporate actions, pricing, identifiers, settlement instructions, and market information using Bloomberg Terminal.

• Set up and settle OTC derivatives, reconcile margin cash flows, and process swap payments.

• Fund private placements and open global custody accounts for international portfolios.

• Handle sub-advised trades, including dollar rolls and TBA transactions.

• Monitor institutional trade matching, affirmations, and settlement statuses using DTCC CTM TradeSuite.

• Maintain Standing Settlement Instructions via DTCC ALERT.

• Ensure adherence to settlement deadlines, market conventions, and regulatory standards.

• Engage in settlement-system testing, implementation, enhancements, automation, and process improvements.

• Assist with month-end, quarter-end, and year-end operational tasks.

• Maintain operating procedures and support audit, compliance, and internal control requests.

• Escalate operational risks and settlement challenges.

• Foster working relationships with traders, portfolio managers, custodians, brokers, counterparties, Legal, Treasury, Accounting, Compliance, and other business partners.

⛳️ Requirements

• Bachelor's degree in Accounting, Finance, Business, or a related field, or equivalent professional experience.

• A minimum of three (3) years of relevant experience in investment operations, trade settlements, investment administration, or similar financial services.

• An additional two (2) years of directly related experience is required if lacking a degree.

• Comprehensive knowledge of securities, fixed income, mortgage-backed securities, derivatives, and institutional settlement processes.

• Proficient in managing the trade lifecycle from execution through settlement and reconciliation.

• Experience using Bloomberg Terminal for security research, reference data, and Security Master maintenance.

• Familiarity with DTCC CTM TradeSuite, DTCC ALERT, or comparable institutional trade matching and settlement platforms.

• Proven experience in maintaining Security Master Files and validating investment reference data.

• Understanding of domestic and global market settlement practices and conventions.

• Experience collaborating with multiple global custodians, brokers, counterparties, and external investment managers.

• Intermediate to advanced proficiency in Microsoft Excel.

• Ability to juggle multiple priorities and meet critical deadlines in a dynamic operational environment.

• Strong analytical, problem-solving, organizational, and communication abilities.

• Exceptional attention to detail and a commitment to accuracy.

🏝️ Benefits

• Flexible work environment.

• Fluid career paths and internal mobility.

• Emphasis on purpose, well-being, and work-life balance.

• Inclusive and welcoming workplace culture.

• Opportunities for volunteering.

• High-speed internet with a wired connection is required for remote positions.

• Necessary computer equipment will be provided.