Settlements Specialist, Fixed Income Settlements

mthree Recruiting Portal•Montreal, QC

7d•Hybrid

About The Position

The Fixed Income Settlements team is part of Operations under Global Banking. The team manages settling a high volume and wide range of securities, including bonds, repos, and mortgage‑backed products. The individual joining this team is responsible for performing all daily settlement tasks. This includes but is not limited to settlement of Fixed Income transactions settling through Indeval/Banxico, BNY Mellon and Euroclear. They will be responsible for settling repo transactions, DVP & RVP trades, cash movements, end of day balancing and reconciliation.

Requirements

Bachelor’s degree in relevant field
Attention to details, accuracy, reliability, initiative, working under pressure, respecting deadlines and good communication skills.
Strong written and verbal communication skills
Comprehensive research skills
Assertive follow up to outstanding payments and discrepancies.

Nice To Haves

Good knowledge of Back Office Operations, specifically Fixed Income Securities preferred.
Knowledge of repo/reverse trade processing is a plus, including calculation of interest.
High Level of Excel skills preferred.

Responsibilities

Ensure timely settlement of Mexican Bonds & Repo trades.
Ensure timely settlement of Fed transactions for BNP Paribas Sec Corp and Paris entities.
Ensure proper reconciliation of box positions and Bonds & Repos trades.
Ensure fail control.
Perform trade research and investigation.
Daily monitoring of APEX, ICI and Calypso trade monitors
Perform daily cash movements.
Monitor / resolve breaks
Liaise with Front Office, trade support, APS teams, custodian, and clients.