Global Settlements Associate 1
Core
Own end-to-end global equity settlement process, ensuring accurate recording, monitoring, and resolution of settlement exceptions across multiple international markets.
Role type
Global Settlements Associate
Builds
Timely and accurate global equity settlements for Alpaca's institutional clients
Domain
Financial Services / Securities Settlement / Brokerage Operations
Deliverable
client delivery
Required skills
Global equity settlement lifecycle, third-party clearing firm operations, global custodian management, U.S. broker-dealer regulations, BNY Nexen platform, SWIFT MT54x messaging, Euroclear/DTCC systems, international market settlement (Europe/Asia), cash and position reconciliations, trade mismatch investigation, SQL, Metabase
Preferred skills
DTCC U.S. equity settlement, tokenized securities/digital asset settlement, AI productivity tools
Technologies
BNY Nexen, SWIFT, Euroclear, DTCC, SQL, Metabase, Cursor, ChatGPT
Responsibilities
Monitor daily settlement activity and identify at-risk transactions; Investigate and resolve trade discrepancies and failing transactions; Perform daily reconciliations of securities positions and cash balances; Ensure compliance with SEC/FINRA regulations and Rule 15c3-3; Produce operational reports on settlement activity and reconciliation breaks; Partner with Engineering/Product to automate manual workflows.
Seniority
Associate, hands-on IC