Fixed Income Back Office Settlement and Clearance Specialist with BONY BDC Experience & FIS Phase3 System Experience & Helix Front End Experience"A MUST"

ACG Consulting Group LLC • New York, NY

22h • Onsite

About The Position

Our client, a top-tier financial services firm, is seeking a Fixed Income/Fed Settlements specialist to join their growing team. This is a full-time, onsite opportunity located in Connecticut. A strong understanding of BONY BDC, FIS Phase3, and Helix systems is required.

Requirements

• BONY BDC system experience
• FIS Phase3 System Experience
• Helix Front End Experience
• Minimum of 4+ years of experience in Fed Settlement operations.
• Comprehensive understanding of Impact and BNY BDC systems.
• Familiarity with reconciliation processes between BNY and Impact.
• Deep knowledge of TMPG and FICC processes, including CFM.
• Strong functional and technical expertise in systems like Impact, BNY BDC, and FICC.
• Ability to thrive in a collaborative, fast-paced, and dynamic environment.
• Excellent analytical and problem-solving skills, with a capacity to navigate complex operational challenges.
• Solid understanding of Fed Settlement operations, products, and processes.
• Proven ability to recognize high-risk items and escalate appropriately to mitigate losses or breaks.

Responsibilities

• Utilize in-depth knowledge of Impact and BNY BDC systems to ensure the timely settlement of client transactions.
• Monitor the firm's liquidity to mitigate potential overdraft charges within BNY.
• Track failed transactions (TMPG) and proactively follow up with counterparties to ensure fund settlements.
• Oversee client FICC activities and manage uncompared transactions, ensuring alignment with fund settlement requirements.
• Coordinate with clients' trading desks on collateral movements across various BNY accounts.
• Identify and mitigate risks associated with high-value trades to minimize operational exposure.
• Escalate operational issues or client complaints to senior management as necessary.
• Foster strong working relationships with internal teams and clients' trading desks to ensure seamless operations.
• Perform additional duties or responsibilities as required to support team and organizational goals.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed