Global Settlements Specialist
Payden & Rygel, Los Angeles, CA, United States
Please send resume to : Careers@Payden.com
Reference:
GSSLA0326-AHA Subject:
(Your Name , Position Title, and Reference) We offer competitive compensation comprised of salary, discretionary bonus, and 401k/profit-sharing based on level of experience and skills brought to bear as well as full range of benefits including medical, dental, vision, and life insurance. Our employees work together in our downtown Los Angeles office, benefiting from our collaborative, team-oriented culture that has been the foundation of our success. We have always been a firm that has awarded flexibility to our employees. Payden & Rygel is one of the largest independently-owned global investment management firms. We offer a full array of investment strategies and products, including fixed income, equity, and balanced portfolios, as well as U.S. and offshore commingled funds, to a varied client base around the world. While we have grown and expanded considerably since our inception in 1983, we remain committed to our mission of providing customized investment management solutions that focus on each client\'s specific needs and objectives. JOB DESCRIPTION
Complete daily settlements tasks which include monitoring, settling, updating and maintaining time-sensitive information related to trade life cycle events, such as trade matching, trade release, identify and investigate failed trades, etc. Ideal candidate thrives in a fast-paced environment, is self-motivated, works collaboratively with others and has an appreciation of risk processes. Success in this role requires strong attention to detail and ability to prioritize effectively. RESPONSIBILITIES
Ensure accurate and timely settlement of foreign securities. This includes confirming trade terms are matched and that instructions are accurate and transmitted appropriately. Affirm and release currency trades in trade management systems. Calculate gains/losses on currency forward rolls and confirm the pair-off amounts with FX brokers, liaise with FX traders as needed. Manage security and cash delivery instructions in databases, communicate with front office accordingly Review CSDR reports regularly, work on claims as appropriate and bring items to full resolutions. Identify and report any settlement issues, determine if manager escalation is necessary. Communicate with traders, portfolio architects and other teams internally to resolve settlement inquires and trade discrepancies; externally communicate with custodian banks and broker-dealers. Validate and resolve outstanding claims from custodians and brokers in a timely manner. Consistently on-site and ready to begin work at the scheduled start time of 6:30am. Working hours are 6:30am to 3:30pm. QUALIFICATIONS
Bachelor’s degree, preferably in finance Finance or asset management experience preferred Strong communication skills necessary, verbal and written Effective organizational and analytical skills Ideal candidate has familiarity with Bloomberg, FailStation, DTCC Omgeo Alert, CTM and/or TradeNeXus (GTSS) EDUCATION
EQUAL EMPLOYMENT OPPORTUNITY
Payden & Rygel is an equal opportunity employer, which means we comply with all federal, state, and local laws that prohibit discrimination when making all decisions about employment. Payden does not make employment decisions on the basis of race, color, ethnicity, national origin, ancestry, citizenship, religion, creed, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. If you have a disability, and require reasonable accommodations in the application process, contact Human Resources at careers@payden or 213-625-1900.
#J-18808-Ljbffr
GSSLA0326-AHA Subject:
(Your Name , Position Title, and Reference) We offer competitive compensation comprised of salary, discretionary bonus, and 401k/profit-sharing based on level of experience and skills brought to bear as well as full range of benefits including medical, dental, vision, and life insurance. Our employees work together in our downtown Los Angeles office, benefiting from our collaborative, team-oriented culture that has been the foundation of our success. We have always been a firm that has awarded flexibility to our employees. Payden & Rygel is one of the largest independently-owned global investment management firms. We offer a full array of investment strategies and products, including fixed income, equity, and balanced portfolios, as well as U.S. and offshore commingled funds, to a varied client base around the world. While we have grown and expanded considerably since our inception in 1983, we remain committed to our mission of providing customized investment management solutions that focus on each client\'s specific needs and objectives. JOB DESCRIPTION
Complete daily settlements tasks which include monitoring, settling, updating and maintaining time-sensitive information related to trade life cycle events, such as trade matching, trade release, identify and investigate failed trades, etc. Ideal candidate thrives in a fast-paced environment, is self-motivated, works collaboratively with others and has an appreciation of risk processes. Success in this role requires strong attention to detail and ability to prioritize effectively. RESPONSIBILITIES
Ensure accurate and timely settlement of foreign securities. This includes confirming trade terms are matched and that instructions are accurate and transmitted appropriately. Affirm and release currency trades in trade management systems. Calculate gains/losses on currency forward rolls and confirm the pair-off amounts with FX brokers, liaise with FX traders as needed. Manage security and cash delivery instructions in databases, communicate with front office accordingly Review CSDR reports regularly, work on claims as appropriate and bring items to full resolutions. Identify and report any settlement issues, determine if manager escalation is necessary. Communicate with traders, portfolio architects and other teams internally to resolve settlement inquires and trade discrepancies; externally communicate with custodian banks and broker-dealers. Validate and resolve outstanding claims from custodians and brokers in a timely manner. Consistently on-site and ready to begin work at the scheduled start time of 6:30am. Working hours are 6:30am to 3:30pm. QUALIFICATIONS
Bachelor’s degree, preferably in finance Finance or asset management experience preferred Strong communication skills necessary, verbal and written Effective organizational and analytical skills Ideal candidate has familiarity with Bloomberg, FailStation, DTCC Omgeo Alert, CTM and/or TradeNeXus (GTSS) EDUCATION
EQUAL EMPLOYMENT OPPORTUNITY
Payden & Rygel is an equal opportunity employer, which means we comply with all federal, state, and local laws that prohibit discrimination when making all decisions about employment. Payden does not make employment decisions on the basis of race, color, ethnicity, national origin, ancestry, citizenship, religion, creed, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. If you have a disability, and require reasonable accommodations in the application process, contact Human Resources at careers@payden or 213-625-1900.
#J-18808-Ljbffr