Settlement Analyst Details

Settlement Analyst

Federated Hermes - Pittsburgh, PA

Employment Type : Full-Time

Job Details

Job Title Settlement Analyst Job ID 8278

Location
Pittsburgh

Full/Part Time Full-Time

Favorite Job

Regular/Temporary Regular

JOB OPENING #: 8278

POSITION TITLE: SETTLEMENT ANALYST

DEPARTMENT: IMO - TRADING OPERATIONS

POSITION SPECIFICATIONS:

• Bachelor’s degree in Business-related field or equivalent relevant experience required; Bachelor’s degree preferred
• 2 years’ financial series industry experience; or one-year Federated experience, including middle office operation
• 3 years of financial services experience in trade settlement operations preferred
• Knowledge of domestic equity and fixed income settlement functions required; knowledge of global equity settlement cycle and derivative processing activities preferred
• Excel skills required
• Familiarity with order management systems such as Charles River and Bloomberg preferred as well as trade confirmation and settlement applications such as Omgeo Connect, FXall and FailStation

MAJOR DUTIES:

This position completes global and domestic settlement and derivative operations functions and provides operational support to multiple trading desks.

• Performs responsibilities for global and domestic settlement cycle, including: electronic trade date confirmation, web based settlement instructions maintenance, resolution of unmatched market trades, repurchase agreement collateral processing, currency netting, and fail trade tracking, resolution and reporting.
• Processes derivative activity (futures, swap, options, currency forwards, non-deliverable forwards, short selling), including: trade confirmation, trade communication, three way position reconciliation, daily mark-to-market calculation validation, collateral monitoring, internal asset segregation, cash movement preparation, and reporting.
• Monitors internal and external trade routing and delivery, including; trade delivery to custodians/record keepers (swift, fax, flat file) and trade recapture reporting generation and delivery.
• Regularly interacts with Senior Settlement Analyst regarding oversight and escalation of operational issues.
• Works and communicates with all levels of Trade Support Team

HOURS/LOCATION:

• 8:30 a.m. 5:00 p.m. (Overtime as required)
• Federated Hermes, Inc. - Pittsburgh, PA 15222

EXPLANATORY COMMENTS:

• Excellent interpersonal and communication skills with ability to work in a team environment
• Demonstrate decision making, problem solving, mathematical and time-management skills with a strong attention to detail
• Ability to provide a high level of accuracy and accomplish tasks in a timely mannerDemonstrated ability to multitask with limited direction and supervision

COMMENCEMENT DATE: 10/04/2021

Federated Hermes is committed to providing equal employment opportunities to qualified individuals without regard to the following criteria: race (including physical characteristics such as hairstyles), color, national origin, religion, sex (including pregnancy), sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any applicable local, state or federal law applicable to Federated Hermes.

To review Federated Hermes’ California Privacy Notice go to https://www.federatedinvestors.com/corporate/careers.do and select CA Applicant Notice.