Senior Settlements Analyst

Altruist•Dallas, TX

13h•$79,000 - $107,000•Hybrid

About The Position

As Altruist enters an expansion phase for our revolutionary product offering, we’re seeking an experienced Senior Settlements Operations Analyst to help position us for future growth and success. As a Senior Settlements Operations Analyst will be responsible for the comparison and reconciliation of securities transactions with street side counterparties and settling those transactions timely and accurately while adhering to policies, procedures, and regulatory guidelines.

Requirements

3+ years of experience working within back office operations, specifically in trade clearance and settlements for a self clearing broker dealer
FINRA Series 99 (or ability to obtain in 90 days)
Expert knowledge with DTC, NSCC, Obligation Warehouse, SMART Track, and other DTCC suite applications
Settlement, buy-in, fail control, and/or seg experience
Exceptional communication skills with the ability to easily convey complex matters in an easy to understand manner
Ability to build a team. Strong coaching skills
Strong self-starter with ability to work independently
Strong communication and analytical skills
Ability to effectively prioritize and adapt to changing environment
Able to multi-task and work under pressure

Nice To Haves

Back Office System Knowledge

Responsibilities

Provide clearing back office support to investment advisors and their clients
Support escalations to resolution and provide feedback to management and product partners for continuous improvement
Reviews daily trade reports generated from the back-office clearing platform FIS/Phase 3 as well as external communications from counterparties, rectifying breaks and issues identified.
Handle P&S Inquiries and corrections
Processes trade comparisons and corrections using the FIS/Phase 3 system. You will also perform comparison of fixed income trades in FICC CMU and the reporting of fixed income transactions in FINRA TRANCE and MSRB RTRS Web.
Identifying, investigating, and resolving trade, cash, and position reconciliation issues to ensure transactions are correctly recorded in appropriate systems facilitating successful settlement
Support Depository Trust and Clearing Corporation (DTCC) Settlement functions and related processes such as Buy-Ins, Obligation Warehouse, and RECAPS.
Review fail exposure & accurately report to senior regulatory management teams
Reconcile daily possession and control issues
Maintain excellent client service skills
Adhere to all rules, regulations and procedures that govern this role and organization
Be aware of Operational Risk and escalate to Manager at all times
Other duties as assigned

Benefits

A hybrid work schedule for most positions to promote strong, in-person collaboration.
Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity.
Competitive pay and equity for eligible positions.
Premium healthcare, dental, and vision insurance plans (HMO and PPO).
401k savings plan with a 4% match and immediate vesting.
16 week paid parental leave after one year of employment.
Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee.
Company perks program (includes discounts on pet insurance, fitness, cell phone plans, and travel, etc.).
Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.).
One month work from anywhere policy (with the exception of a few countries).
Total compensation includes a competitive benefits package, along with equity in the form of Stock Options (ISOs) for eligible roles.