Trade Settlement Analyst

Description

The Huntington Securities, Inc. (HSI) Trade Settlement Analyst is responsible for ensuring the accurate, timely allocation and settlement of securities transactions across multiple asset classes and markets. This role involves close coordination with internal teams, custodians, clearing firms, and external counterparties to resolve trade discrepancies, manage risk, and maintain compliance with regulatory requirements.

Duties & Responsibilities:

Monitor trade affirmations to comply with T+1 regulations

Ensure timely and accurate settlement of trades, while mitigating operational risk

Process and reconcile daily trade settlements in a timely and accurate manner

Monitor and manage trade exceptions, ensuring prompt resolution and escalation when necessary

Conduct thorough research and analysis to identify and resolve any discrepancies in trade settlements

Collaborate with various internal teams to ensure smooth settlement processes

Develop and maintain strong relationships with external clients and counterparties to facilitate efficient settlement processes

Utilize a strong understanding of financial markets to identify and mitigate potential operational risks

Stay up to date on industry regulations and compliance requirements related to trade settlements

Create and maintain detailed documentation of settlement processes and procedures

Communicate with internal and external stakeholders to provide status updates and resolve any issues or concerns related to settlements

Provide support to other team members and assist with ad hoc projects as needed

Validate and reconcile MSRB, TRACE, and CAT regulatory trade reporting

Performs other duties as assigned

Basic Qualifications:

Bachelor’s Degree

An additional 5 years’ experience in product area may be considered in lieu of Bachelor’s degree

2 or more Years experience in trade operations, settlements, or allocations

FINRA Series 7

Preferred Qualifications:

Collaborate with team members to ensure accurate and timely securities trade and settlement processing

Resolve operational or trading issues by coordinating with other departments and external parties

Complete in-depth investigations for all trade exceptions, both internally and with a clearing firm, to create timely resolutions

Experience working with mortgage products, including TBA and Pools

Monitor life cycle of MBS Securities

Oversee successful settlement of DTCC, FICC and Fedwire trades

Manage daily margin activity and collateral exchange

Experience with regulatory trade reporting

Knowledge of securities regulations, compliance, and industry standards.

Ability to manage multiple priorities in a fast-paced environment; adaptive to change

Ability to create and foster strong partnerships with business partners and work well in a team environment

Detail oriented with strong organizational skills

Bloomberg/TOMS experience

Strong understanding of securities markets and trade settlement processes

Analytical, problem-solving, and communication skills

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)Yes

Workplace Type:Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:70,000.00 - 140,000.00 Annual

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

R0067395