Top-Tier Financial Services Firm in Stamford, Connecticut is seeking a Fixed Income Clearing Manager for a permanent position!
Responsibilities:
- Utilize in-depth knowledge of FIS and BNY BDC systems to ensure the timely settlement of client transactions.
- Monitor the firm's liquidity to mitigate potential overdraft charges within BNY.
- Track failed transactions (TMPG) and proactively follow up with counterparties to ensure fund settlements.
- Oversee client FICC activities and manage uncompared transactions, ensuring alignment with fund settlement requirements.
- Coordinate with clients’ trading desks on collateral movements across various BNY accounts.
- Identify and mitigate risks associated with high-value trades to minimize operational exposure.
- Escalate operational issues or client complaints to senior management as necessary.
- Foster strong working relationships with internal teams and clients’ trading desks to ensure seamless operations.
- Perform additional duties or responsibilities as required to support team and organizational goals.
Qualifications:
- Minimum of 4+ years of experience in Fed Settlement operations.
- Comprehensive understanding of FIS and BNY BDC systems.
- Familiarity with reconciliation processes between BNY and Impact.
- Deep knowledge of TMPG and FICC processes, including CFM.
- Strong functional and technical expertise in systems like IFIS, BNY BDC, and FICC.
- Ability to thrive in a collaborative, fast-paced, and dynamic environment.
- Excellent analytical and problem-solving skills, with a capacity to navigate complex operational challenges
- Solid understanding of Fed Settlement operations, products, and processes.
- Proven ability to recognize high-risk items and escalate appropriately to mitigate losses or breaks.