We are currently looking for a contractor to support our client in the Securities Group & FICC business. This is a six month contract to start with the potential to turn permanent.
In this fast-paced role, we are recruiting for a team member with familiarity of DTC and FED settlements who will be responsible for handling the whole life cycle of a trade.
From prematching trades, monitoring funding requirements, advising on shorts and resolving failing transactions, you will receive great exposure to various industry/market practices, processes and procedures. You will be the main liaison with custodians, clearers, middle office, collateral desk, traders, counterparties and other internal divisions daily providing great inter-personal communication and networking experience. Your strong numeracy skills will see you undertake the daily stock and cash reconciliations, as well as a responsibility in the fails management, reporting and escalation.
Your position will be to cover the North American markets with the standard working day from 8am to 6 PM.
To succeed in this role, you will need
At least three years of working experience in settlements processing at a Bank or Brokerage House
Exposure and experience in US equity settlements
Exposure and experience in US bond settlements
Familiarity with DTC and NSCC is preferred
Attention to detail and good organisational skills
Strong analytical and problem solving skills
Strong teamwork and communication skills
Ability to handle fast-paced and high pressure situations
Ability to work flexible hours when needed
Strong computer skills are required, exposure to SWIFT, DTC, Broadridge/BPS will be highly favoured
Specific technical experience in US/CAD/Mexican market would be preferred. While not necessary, exposure and understanding of the products which we support will be looked highly upon, which includes securities lending, equity markets, ADR conversions, US treasuries, US bonds, institutional client agency trades, international cross-border settlement.
Princeton Information is one of the nation's top five privately-held IT consulting firms, in business since 1985. Princeton Information services a clientele of primarily Fortune 500 companies nationwide. With annual revenues over $120 million, Princeton Information operates across the US from multiple regional offices.
Our Commitment to Our Consultants
As a privately held company, Princeton Information is solely committed to the success of clients and consultants - not to any shareholders. PI's success is grounded in the relationships we build with our consultants. We seek the best people; provide career path counseling; as well as the most challenging opportunities in business and in IT. As part of its culture of loyalty and commitment to its consultants, Princeton Information is committed to doing all we can to ensure our consultants have the best possible search, placement and work experience possible.
Our Services
Working with one Princeton Recruiter will gain you access to over 500 open requirements with the top clients in the US across all industries (finance, insurance, pharmaceutical, commercial, telecom, media, manufacturing) nationwide. Our local recruiters have in-depth knowledge of our clients and opportunities. They will work with you to find you the best possible opportunities for you and your career.
Our Relationships
Our relationships with our clients, as well as our consultants, are critical to our success! We have a robust sales organization that ensures that Princeton has the inside track on what attributes a person needs in order to be successfully placed and engaged at our clients. We know the technical and non-technical skills that our clients are looking for and we ensure that you are educated about the client prior to your interview with them. Princeton is committed to going above and beyond to ensure that each meeting you have with a client is a successful one!