What are the responsibilities and job description for the Settlements Analyst position at Veterans Sourcing Group?
Title - Settlements Analyst
Location - New York, NY
Duration - 6 months contract position
Work Schedule: Hybrid (2 days onsite, 3 days remote)
Key Responsibilities:
This position is as a part of the team responsible for Settlements in respect of Capital Markets derivative business
Each team member works collaboratively to execute the following responsibilities on a daily and ad-hoc basis.
Manage and oversee all derivative cash flow settlements across the derivative entities.
Responsible for entering settlement instructions into the company’s system and checking them for accuracy, including completing client call-back instruction verification.
Agreeing, processing, and reconciling netting based on counterparty instructions.
Track, investigate & recover non-receipts of funds.
Tie CLS cash flows to the internal system. Investigate CLS discrepancies. Reconcile, agree, and post CLS funding.
Investigate balance sheet and nostro breaks with Finance and Bank staff members
Processing occurs within the following external confirmation/Settlement Systems 360T, Bloomberg CMS, MiSYS, GTSS, and FX All Settlement Center
Salary : $48 - $50
