NewYorkRecruiter Since 2001
the smart solution for New York jobs

Operations Settlements/Analyst Risk Retention

Company: Nearwater Capital
Location: New York
Posted on: May 6, 2021

Job Description:

Company Overview: Nearwater Capital is a specialty finance company that is focused on providing asset-based financing solutions.--Our business is segmented into two core business lines: Risk Retention Solutions, and Liquid Markets.Role: Operations and Settlements supporting the Risk Retention business for settlement of purchases and sales of securities, invoicing and other reporting requirements.Job Description:The role is directly responsible for ensuring the accurate and timely settlement of security purchases and sales, repo transactions, invoicing and other reporting requirements.--This will require coordinating between our third-party custodian bank, counterparties and trading teams. Duties will include but not be limited to:* Communicating with securities custodians to affect purchase of securities, wires and other related securities settlement and administrative activities* Monitor all trade settlements and coordinate with custodian and counterparties to address any settlement issues* Confirm security settlements and cash flows with custodian bank and counterparties* Ensure management is apprised of current settlement status and escalate issues as needed* Coordinate with accounting team to ensure all required information to book transactions* Ensure invoices are sent to clients on a timely basis* Work with service providers to ensure regulatory reporting requirements are met* Monitor bank accounts for incoming payments and follow up with counterparties for missing/ late payments* Provide trading desk with end of day positions* Special ProjectsIn addition, the role will provide back up support to the settlement process for the Risk Retention business. Skills and Experience:* Bachelor's degree or equivalent background / experience* 2-5 years of direct experience in a financial services organization performing fixed income operations and settlements* Experience with DTC, Euroclear and fed wire settlements a plus* Excellent organizational skills and superior problem-solving capabilities* Strong verbal and written communication skills* Team player* Must be detail oriented with ability to multi-task and prioritize appropriately* Advanced knowledge of Microsoft office and PC applications.

Keywords: Nearwater Capital, New York , Operations Settlements/Analyst Risk Retention, Professions , New York, New York

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest New York jobs by following @recnetNY on Twitter!

New York RSS job feeds