Job Description

Settlement Analyst
Job Number: 22-00262
Help drive change! Eclaro is looking for a Settlement Analyst for our client in Jacksonville, FL.
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:
  • As an Analyst in the Asset Services team, will be responsible for receiving, acknowledging and executing Client instructions to effect non-expiring Ad-Hoc conversions pertaining to both fixed income and equity securities, inclusive of Mandatory Corporate Actions and Income processing.
  • In addition, documenting analytical processing data for upstream reporting and participating with upcoming run the bank and change the bank initiatives within the Asset Services team processing landscape.
  • Stakeholders include Global Markets, Asset Wealth Management middle office teams as well as the Asset Services team, Technology teams, and Embedded Risk Team

  • Responsible for processing non-expiring Ad-Hoc conversions and 144a to Reg S exchanges as part of Client's Asset Servicing Department and Mandatory Corporate Actions.
  • Execute instructions via SWIFT and book-entry form via DTCC, Euroclear; as well as, Physical securities processing via US Agents.
  • Balance transactions for events and resolve exceptions. This entails the calculation and reconciliation of books and records.
  • As part of the election process, candidate is required to make decisions on how to apply obligations against available inventory. Elections can be applied against proprietary inventory, street obligations or short positions. This has a reputational and relationship impact as related to the level of business conducted with each counterpart.
  • Ensure timely and effective escalation takes place to Asset Services management when confronted with transactions that can lead to risk for both Clients and the Firm.
  • Build and manage relationships with Asset Services local and Global staff and management, as well as colleagues across other functions within the Bank.
  • Facilitate communication between various groups within the Bank, Agents, Depositories and take on initiatives pertaining to Asset Services innovation strategies, UAT planning, user training, implementation and production verification.
  • Act as a role model for new employees, providing help and support to facilitate early integration in their new environment.
  • Will quickly work to develop detailed business knowledge of the various teams and processes with the Services group. This will include but not be limited to the following: Mandatory and Voluntary Corporate Actions, Dividends, Custody and Tax Utility teams.

  • Bachelor's Degree from an accredited college or university (or equivalent)
  • Three years of experience in a banking or financial services processing environment
  • Expert-level analytical skills, flexible regarding production problem solving
  • Excellent communication skills, fluent in written/verbal) as appropriate
  • Excellent team leader, able to work in virtual global teams and a matrix organization
  • Ability to work in fast paced environment, keep pace with technical innovation and maintain a broad understanding of the product offering.
  • Open minded, able to share information, knowledge and expertise with peers & team members.
  • Relationship management and influencing/negotiation skills to be able to manage relationships with team members including those located remotely.
  • Experience processing voluntary instructions and detailed knowledge of Corporate Actions processing via DTC, Euroclear and Agents.

If hired, you will enjoy the following Eclaro Benefits:
  • 401k Retirement Savings Plan administered by Merrill Lynch
  • Commuter Check Pretax Commuter Benefits
  • Eligibility to purchase Medical, Dental & Vision Insurance through Eclaro
If interested, you may contact: 
Adrian Miranda   
Adrian Miranda | 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

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

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