DTC Settlement Associate

Employment Type: W-2

Duration: 6 months contract (with potential to extend)

· A self-starter with keen attention to detail

· Ability to work under tight deadlines and multi-task

· Extensive (DTCC) Settlement experience

We are seeking a DTC Settlement Associate (Consultant) to join our Newark, New Jersey team.

We are made up of high performing teams that meet in person to learn and collaborate as needed. This role is considered hybrid, which means you’ll be coming to the company’s office in Newark 2-3 times per week and given the flexibility to work remotely the rest of the week.

Responsibilities:

· Support Depository Trust and Clearing Corporation (DTCC) Settlement functions and related processes such as Buy-Ins, Prime Broker and Vault.

· Facilitate development of company’s Settlement tools such as Global Framework (GFW), company’s Exception Event System (BEES) and Universal Dashboard by providing operational expertise and conducting user acceptance tests (UAT).

· Participate in onboarding new clients onto company’s product suite such as ‘Brokerage Processing Services’ (BPS) for equity trade settlement and ‘Impact’ for Fixed Income trade settlement.

· Conduct internal and external training programs on company’s products such as GFW, impact, BuyIns System and Universal Dashboard that are heavily used within the Settlements department.

· Limit market exposure for clients by monitoring unsettled trades with high Mark to Market (MTM) exposure and by monitoring suspense account activities.

· Identify and implement Robotic Process Automation (RPA) on processes within the DTC Settlements area to deliver value-add services to the clientele.

· Develop and maintain Standard Operating Procedures (SOP) for training purposes, for reference during critical issues and for seamless operations.

· Coordinate and communicate with support functions such as HR, IT and Finance for system related, project related and team related functions.

Qualifications:

· A self-starter with keen attention to detail

· Ability to work under tight deadlines and multi-task

· Extensive Depository Trust and Clearing Corporation (DTCC) Settlement experience

· Quick-learner that can adapt to a growing business

· Ability to maintain a positive relationships with clients and internal associates alike

· Excellent verbal and written presentation skills

· Proven knowledge of operations products and processes

· Strong customer service orientation & strong prioritization and interpersonal skills

· Proficient in MS Office Suite

About US Tech Solutions:

US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit www.ustechsolutions.com.

US Tech Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Recruiter Details:

Name: Nil

Email: nil@ustechsolutionsinc.com

Internal Id: 25-29126