Senior Associate, Settlements

• Perform DTC equity settlement functions, including ACAT and non-ACAT customer transfers, pair-offs, SPO charges, RAD management, and fail reporting
• Manage fails and buy-ins, including issuance of broker-to-broker buy-in notices and monitoring through DTC’s Obligation Warehouse
• Handle regulatory and operational settlement processes, including FINRA extensions, DK reporting, new issue processing, ETF settlements, obligation warehouse activity, and EOD balancing
• Perform daily reconciliation of cash, position, and suspense accounts and resolve breaks in a timely manner
• Execute and document daily key controls in accordance with internal policies and regulatory requirements
• Ensure compliance with applicable regulations, including Reg SHO, Reg T, and SEC Rule 15c3-3
• Identify, design, and implement automation opportunities to improve reporting accuracy, operational efficiency, and risk mitigation
• Develop and maintain Standard Operating Procedures (SOPs to support training, incident response, and operational continuity)
• Participate in cross-training and knowledge sharing to drive process improvement, scalability, and team effectiveness

• 3+ years of experience at a financial institution, preferably in DTC settlements or custody operations
• Willingness to obtain the SIE and Series 99 licenses
• Strong risk and control mindset with experience operating in regulated environments
• Proven experience working with large data sets and performing operational reconciliations
• Ability to work independently with minimal supervision while managing competing priorities
• Experience in a fast-paced, multifaceted broker-dealer, clearing, or custody operations environment
• Strong analytical and problem-solving skills with a proactive approach to identifying issues and implementing process improvements

Experience in ACAT related transfers is a strong plus

• competitive compensation packages
• company equity
• 401k matching
• gender neutral parental leave
• full medical, dental and vision insurance
• lunch stipends
• fully stocked kitchens
• happy hours