Trade Settlements Specialist

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
• Maintain thorough research and analysis to identify and resolve any discrepancies in trade settlements
• Collaborate with various internal teams to ensure smooth settlement processes
• 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
• Validate and reconcile MSRB, TRACE, and CAT regulatory trade reporting
• Support Equity Corporate Buyback settlement
• Work with audit or risk colleagues to provide information and test internal controls

Basic Qualifications

• Bachelor’s Degree
• 2 or more years experience in trade operations, settlements, or allocations
• FINRA Series 7

Preferred Qualifications

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

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.

Compensation Range

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. 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.