Settlements Analyst

GMO•Boston, MA

1d•Onsite

About The Position

The Settlements Analyst is responsible for Equity, Fixed Income and FX settlement monitoring. The analyst’s primary responsibility will be to maintain high service levels while improving and strengthening our operational infrastructure. The position will provide the successful candidate with the opportunity to learn about all stages of the investment process, from idea generation and trade building to implementation and trading. The team takes a proactive approach, beginning on trade date and following through until successful market settlement. The analyst will liaise between brokers, custodians, and GMO’s Trading team to mitigate risk due to failing trades and identify and resolve any settlement issues. The team also manages the review and signing of all OTC Derivative trades executed by GMO. This position offers exposure to GMO’s various investment, operational and technology groups, and an opportunity to enhance individual analytical & technical skills.

Requirements

Minimum of one to three years of industry experience directly supporting the lifecycle of both listed securities and derivatives.
Strong analytical skills - the Settlements Analyst must have the ability to explain and/or resolve exceptions.
Strong work ethic and attention to detail—the day-to-day responsibilities will require focus and dedication to problem solving. Ownership is the key. Issues must be resolved in a timely manner and seen through to completion.
General understanding of the lifecycle of a trade from implementation through settlement with a demonstrated understanding of the various settlement cycles and the nuances of global markets.
Excellent communication skills with an ability to effectively communicate with multiple internal and external counterparts to resolve operational issues (for example, direct communication with GMO Compliance, GMO Trading, and external brokers.)
Demonstrated ability to multi-task and prioritize between multiple deadlines.
Working knowledge of SWIFT messaging.
Ability to work under pressure and independently.

Nice To Haves

Familiarity with generative AI tools (e.g., MS Copilot, ChatGPT, Claude) and prompt engineering.
Knowledge of Aladdin, TradeNexus, and Alert is a plus.

Responsibilities

Monitor trade settlement of equity, fixed income, and derivative transactions
Maintain accurate custodian and broker settlement instructions
Demonstrate understanding of the various settlement cycles and the nuances of the global markets
Ensure timely receipt, detailed review, signoff, and storage of all OTC derivative confirms
Evaluate and issue claims as necessary to recover fees from brokers or custodians
Assist on ad hoc projects and contribute to process improvement initiatives that strengthen the teams operational infrastructure