Settlements

Sumitomo Mitsui Banking Corporation • City of White Plains, NY

9d • $67,000 - $80,000 • Hybrid

About The Position

The Settlements Analyst will be immersed in a fast-paced environment in daily settlement processing involving post trade and pre-settlement reconciliation including the following products: FX, Currency Swaps, USD Treasury and CAD Treasury.
Derivatives Operations handles operations for the Capital Markets business. This ranges from management of cash and liquidity, the settlement cycle of all products across Capital Markets and collateralization. Settlements is a fast-paced environment in daily settlement processing in FX, Interest rate swaps, Caps, non-deliverable FX and swaps as well securities including US Treasuries and Canadian Treasuries. The team actively manages pre- and post- settlement inquiries while monitoring settlement risk. There is a focus on staying current with industry standards and regulations and an emphasis on related projects.
This position will be located in our White Plains, NY office.

Requirements

• Bachelor’s Degree or equivalent in Accounting, Finance, Economics, or Mathematics
• 1-3 years of relevant Settlements experience required
• Excellent verbal and written communication skills with ability to articulate concepts and ideas to diverse audiences
• Team player ability with good analytical skills and attention to detail; time management skills and ability to multi-task in a fast-paced environment
• SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location.

Nice To Haves

• Settlements payment investigations and Swift experience a plus

Responsibilities

• Daily processes will include pre-settlement reconciliation and confirmation with an emphasis on awareness and monitoring of settlement risk
• The Settlements Analyst will also be involved with payment affirmations and instruction management
• Forward thinker who seeks to improve business processes that deliver better service to stakeholders

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees