Job Description

Clearing and Settlements Specialist
Job Number: 21-08118
Help drive change! Eclaro is looking for a Clearing and Settlements Specialist for our client in Chicago, IL
Eclaro’s client is a leading global bank stimulating change and innovation in the industry by offering top-notch financial products and services for a wide-range of clients worldwide. If you’re up to the challenge, then take a chance at this rewarding opportunity!
Position Overview:
  • The job involves leading a team working for client Hedge Fund Services, a Global fund administrator, specializing in administering assets of complex hedge funds
  • The position requires good experience and back ground in financial markets and back office functions
  • Understanding of all processes related to daily trade break resolution for all listed products - equities, and fixed income\bonds
  • Liaison between NT, clients, vendors, prime brokers, exchanges and counterparties to ensure efficient completion of projects from start to end
  • Manage, facilitate, and document all projects for the Clearing and Settlements and Bank Debt Teams
  • Preparation of presentation materials for various meetings and ability to lead and present
  • Understanding of trade posting processes and systems
  • Work with multi-functional teams to bring ideas to fruition coding, testing, production deployment in a way commensurate with SDLC practices
  • Cross train and understand all areas within Clearing and Settlements and Bank Debt
  • At the direction of senior management, responsible for the successful implementation and interpretation of plans, policies and procedures for operations business
  • Perform other related duties as required
  • Minimum 5 years' experience with knowledge of middle office, clearing/settlements
  • Experience in exchange traded securities settlement operations
  • Knowledge of basic accounting principles and procedures, thorough understanding of financial markets and instruments as well as the settlement of them
  • Proficiency in Excel and Microsoft Word (or related software), and experience with working in a database
  • Excellent English, grammar, written and oral communication skills
  • Bachelor’s degree
Preferred Qualifications:
  • Knowledge of Bank Debt operations
  • Additional experience with Bank Debt Operations is not needed, but will need to be learned
  • Experience with OASYS Global, Central Trade Manager is needed, and Wall Street Office (WSO)
  • Strong knowledge of settlement procedures, financial markets and instruments
  • CFA (or similar certification)
If interested, you may contact:
Elland Bondoc
Elland Bondoc | LinkedIn
Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Application Instructions

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