Financial Analyst II - Settlements and Cash Specialist

About

Immediate need for a talented Financial Analyst II - Settlements and Cash Specialist. This is a 07+months contract opportunity with long-term potential and is located in Chesterbrook, PA (Hybrid).

Key Responsibilities:

• Status (before, on, and post contractual settle date), troubleshoot and settle transactions with service partners, external clients, agents/depository, and/or counterparties towards trade fail mitigation
• Daily monitoring and deadline driven processing of incoming and outgoing transactional instructions from/to client and to/from agent/depository
• Adherence to client Service Level Agreements/Descriptions (SLA/SLD)
• Inquiry management, with attention to established timelines
• Strict observance of Daily checklist, procedural and internal/regulatory/compliance/operation risk controls
• Status and resolve cash and/or stock breaks between custody and client or agent/depository and custody along with any additional risk data as assigned by team lead/manager
• Elevate potential risk – client, counterparty, reputational, financial, regulatory, etc. to team leads/manager with immediacy
• Review OFAC/Sanction blocks of transactional activity and complete Compliance/Regulatory/Continuing Education ahead of assigned deadlines
• Develop solutions with peers, service partners and IT to continually improve quality of service delivery, reporting, and transactional flows with attention towards cost effectiveness, automation, system enhancements, new products/services and efficiency.
• Involvement in client/agent/depo asset migrations, system UAT, industry changes, business continuity support, audits or significant productions changes (note: will include some weekend coverage across the year in each location)
• Actively participate and contribute to personal development and career development alongside the team lead/manager – training courses, research, initiatives, etc.
• Enrich fail, trade status, and/or client reporting and communicate with service partners towards delivering premier services, developing relationships, and improving the client experience; locally and with global peers across client facing and operational teams
• Cross train with peers across global and US activities covered within the Settlements and Cash team for seamless solution delivery
• Actively participate in projects – independently, with team/partners, and regionally

Key Requirements and Technology Experience:

• Key Skills; Trade Lifecycle & Settlements
• SWIFT Messaging & Payment Systems
• Risk, Compliance & Regulatory Controls
• College/University degree
• Experience in the financial services industry at a bank/broker, service provider or as a custodian
• Familiarity with the trade lifecycle and industry participants to the process flow
• Fed direct participant experience – 1 years or more
• SWIFT messaging - securities, cash, reporting and FX message types
• Client or Operational support experience for global agent network
• Background in project lifecycle participation, delivery and reporting
• Fedwire or CHIPs funds transfer experience
• DTC experience (or global depository, ICSD)

Benefits

• health insurance (medical, dental, vision)
• 401(k) plan
• paid sick leave (depending on work location)