Equity Settlements Analyst

Job description

Analyst will be responsible to oversee the daily functions of domestic settlements. Review the fail report on a daily basis. Ensure that all trades are instructed to settle on a timely basis. Reconcile daily stock record/DTC/client breaks.

Primary Responsibilities/Essential Functions:
· Follow supervisory framework designed to minimize risks/losses.
· Ensure departmental DIMS are current and fit for purpose.
· Ensure transactions are correctly recorded in appropriate systems facilitating successful settlement.
· Investigation and resolution of failing transactions.
· Investigate & resolve cash and stock reconciliation issues.
· Maintain excellent client service skills (Internal & External clients).
· Address settlement discrepancies and engage Settlement Supervisor for prompt resolution.
· Adhere to all rules, regulations and procedures that governs this role and organization.
· Be aware of Operational Risk and escalate to Manager at all times.
· Able to multi-task and work well under pressure.
· Review possible buy-ins.
· Knowledge of REG SHO /15c3.
Decision-Making Responsibility:
· Independent decision making abilities while engaging Senior Management at all times.
· Ability to apply Industry practices / mandates into BAU functions.
· Identify high risk functions ensuring strong controls are in place to mitigate risks.
Management of Risk
· Each employee must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations.
· Each employee must ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
· Each employee must promote an environment that supports diversity and reflects the HSBC brand.
Observation of Internal Controls
· Each employee must maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Any failures to comply with the above should be reflected in year-end performance assessments.
· Each employee must understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.

Desired profile

Qualifications :

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

·  Computer literacy, knowledge of Excel and Word.
·  Detail oriented, good problem solver.
·  Good communication skills.
·  An overall knowledge of Equities products.
·  Aggressive and quick learner who is able to multi-task.
·  Knowledge of Broadridge, ADP, DTC, Buy Ins, RegSho.
·  Minimum of 3-5 years of Settlement experience.
·  Minimum of a BA/BS degree or equivalent industry experience

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.