The ideal candidate for this Operations Specialist role at Parameta Solutions should possess excellent communication skills, a strong understanding of broker/customer dynamics, computer proficiency, and technical aptitude in Microsoft Office and DTCC systems. They should also have knowledge of counterparty and settlement risk, as well as trade reporting and netting and settlement of fixed income products. Relevant experience of 0-2 years in operations is required, along with a Bachelor's degree or equivalent combination of education and/or experience, and the Series 99 certification.

The Operations Specialist at Parameta Solutions will play a crucial role in processing and settling trades for a range of financial products, monitoring trade flow and resolving discrepancies, facilitating settlements through various systems, and managing failed trades and corporate actions. They will also be responsible for reconciling settlement accounts, handling P&I and fail claims, coordinating with auditors, and providing cross-functional coverage when needed.

Business, Operations & Strategy

United States

New York

Medium

We are a  leading global provider of OTC market data. From pre to post trade, our solutions help clients manage complex markets more effectively.


Finance

Parameta Solutions

<ul><li>As a settlement team member, work to facilitate the successful settlement of DTC and Euroclear eligible trades.&nbsp; Support competing businesses with professionalism and discretion.&nbsp; The role partners with Operations management, Risk, Finance, IT, GRD, and Client Onboarding, prioritizing risk aversion and regulatory compliance.&nbsp; The work of the settlement team directly impacts the funding capabilities of the firm, and the team has a responsibility to communicate issues effectively, thoroughly, and with all due transparency.&nbsp; </li></ul>

Bachelors

As a settlement team member, work to facilitate the successful settlement of DTC and Euroclear eligible trades.  Support competing businesses with professionalism and discretion.  The role partners with Operations management, Risk, Finance, IT, GRD, and Client Onboarding, prioritizing risk aversion and regulatory compliance.  The work of the settlement team directly impacts the funding capabilities of the firm, and the team has a responsibility to communicate issues effectively, thoroughly, and with all due transparency.  

Operations Specialist

Requirements

Responsibilities

Parameta Solutions

Mission & Purpose