DTCC Settlements Senior Associate (Hybrid - Flexible Options)
$85,000–$95,000 year
HybridNewark, New Jersey, United States or Edgewood, New York, United States
Job Summary
Support DTCC settlement functions including Buy-Ins, Prime Broker, and Vault operations while facilitating the development and enhancement of Global Framework and Exception Event System tools. Perform user acceptance testing for new functionality, manage daily operational escalations, and monitor unsettled trades with high mark-to-market exposure. Conduct internal and external training sessions, perform quality control reviews against Written Supervisory Procedures, and implement Robotic Process Automation opportunities. Coordinate with support functions on system-related initiatives and maintain Standard Operating Procedures for operational continuity. Work hybrid two days a week in Newark or Edgewood with a salary range of $85,000–$95,000.
Required Qualifications
- Bachelor's degree or equivalent experience
- 3+ years of experience supporting settlement functions
- 1+ years of supervisory experience
- Experience in client support, including oversight of processes and escalations
- Background in financial industry back-office operations
- Strong knowledge of settlement operations and post-trade processes
- Ability to support operational systems, process enhancements, and testing initiatives
- Strong client service skills with the ability to manage escalations effectively
- Excellent verbal and written communication skills
- Strong organizational skills and attention to detail
- Ability to identify process improvement and automation opportunities
- Experience creating and maintaining process documentation and training materials
- Ability to collaborate cross-functionally with operations, technology, HR, finance, and clients
- Supervisory capability with a focus on process oversight, quality control, and team support
Desired Qualifications
- DTCC experience preferred
- Experience onboarding new clients preferred
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