Supervisor Daily Settlement Activities
White Plains, NY
Client is seeking New York based Supervisor to join their US Clearance, Settlements, and Custody Operations Group. The role consists of supervision of daily settlement activities for buy and sell side clients trades settling through DTC and Client (treasury and agency securities). Monitoring and resolution of aged failing trades with special attention to transactions subject to Re-Sho rules, including but not limited to buy-ins and Client extensions. Communication with Middle Office and Trading Desk to close aged failing trades. The role will also include creation and compiling of oversight documentation, and sample testing of audit controls under SOX, Client and SEA Compliance Rule 17a-5.
" Candidate will have a bachelor's degree. Candidate must have a minimum of 3-5 years' experience supervising DTC Settlements, Buy-In, Reg-Sho, and Government Settlements. Additionally, candidate must have full knowledge of possession and control regulations under SEA Rule 15c-3-3 and knowledge of oversight and supervisory requirements under SOX, Client, and SEA Compliance rule 17a-5.
" Skills: Medium skill level ability in Microsoft EXCEL and WORD
" Special Knowledge: Knowledge of BPS CAGE III application preferred, but not necessary.