What are the responsibilities and job description for the Clearing Operations Specialist position at Natixis?
Poste et missions
Natixis boasts a robust global trading business, and we are seeking a skilled individual to join our team as a Securities Trading Support Specialist. This role primarily focuses on supporting Repo and Securities Lending transactions, both bilaterally and through Tri-party platforms. The successful candidate will be responsible for facilitating US Securities trading activities originating from and settling in Natixis Paris clearing accounts. This includes managing transaction settlements and collateral movements in collaboration with the Natixis Paris Clearing teams during the New York morning hours, as well as addressing outstanding issues after the Paris working day until the close of US Securities Markets (DTCC-Fed). Daily interactions with external clients and our Front Office trading teams are essential to ensure that all parties are informed about the status of incomplete transactions and open exposures.
Essential Duties and Responsibilities:
- Manage Repo/Securities Lending transaction settlements, including confirming settlements and pair-offs with counterparties, researching and resolving delivery shortfalls, and collaborating with front office partners when their actions are needed.
- Keep Front Office trading partners and customer excellence support teams informed about the status and trends of problematic transaction settlements and flows.
- Produce daily status reports and monthly summaries of failed transaction settlements, including root cause analyses.
- Identify workflow inefficiencies and propose potential solutions to enhance operational efficiency.
- Create and maintain operating procedures for the functions covered. Provide cross-training to US-based teammates to ensure consistent support in your absence.
- Collaborate with other members of the US Clearing team to provide cross-functional support.
- Assist in responding to customer inquiries and audit request
The salary range for this position will be between $125,000 - $140,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.
Profil et compétences requises
Bachelor’s degree preferred.
Minimum of 5 years of experience in Securities Clearing.
Proficiency in Microsoft Excel is desirable.
Bilingual (French) skills are not required but would be beneficial.
Familiarity with BONY Clearing Systems and the AccessEdge platform is advantageous.
Knowledge of the Summit application is a plus.
Highly motivated, proactive individual with a demonstrated ability to take initiative, identify issues, propose solutions, and implement change.
Strong attention to detail combined with a results-oriented mindset.
Self-starter capable of thriving in a fast-paced, results-driven environment; adept at multitasking, adapting to shifting priorities, and working both independently and collaboratively within a team.
Excellent skills in Excel and PowerPoint.
SIE and Series 99 licenses are required.
Postuler directement
Salary : $125,000 - $140,000
