November 30, 2022

Trade Settlement Associate

Location: Rosemont/Chicago, IL

Summary/Objective

KIS is searching for a Trade Settlement Associate that is responsible for the oversight and administrative functions for trade settlement, funding, issue resolution, and account maintenance. The ideal candidate is a self-starter with exceptional attention to detail and the ability to work under tight deadlines.

Duties and Responsibilities

• Ability to self-manage in a high volume, fast-paced environment with strict deadlines.
• Actively monitor trading system to ensure trades are promptly and accurately sent through downstream post-trade functions such as broker allocations, trade affirmations and posting trades to the portfolio accounting system.
• Proactively analyze trade allocation and affirmation discrepancies as needed and resolve accordingly
• Liaise with internal “clients” (portfolio managers, traders, and portfolio administrators) to provide trading support for all, including trade corrections and new account post-trade setup.
• Liaise with external “clients” (brokers and custodians) to ensure accuracy of their records for on-time trade settlement, including providing manual allocations to brokers as needed to keep failed trades to a minimum. Any delivery rejections (DKs) and/or fails must be resolved immediately.
• Construct custom trade reporting packages and review for accuracy prior to dissemination
• Tackle ad-hoc projects assigned from the CIO, Head of Investment Operations, and/or Portfolio Manager

Experience

• Bachelor’s degree in Accounting, Economics, Finance, or related fields
• 8-12 years industry experience preferred
• Competent in Microsoft Office programs, strong Excel skills necessary
• Previous supervisory experience a plus
• Bloomberg experience required
• Working knowledge of financial markets and investment vehicles including short term money markets
• Working knowledge of the settlements process and the lifecycle of a trade is a plus

Skills/Competencies

• Displays excellent organization, time management and planning skills; Ability to manage multiple tasks effectively
• Displays high attention to detail, accuracy, thoroughness, and thoughtfulness.
• Ability to balance big picture with details
• Commitment to meeting identified quality and efficiency standards.
• Commits to satisfying internal and external customers
• Strong interpersonal, verbal, and written communications skills
• Strong analytical and problem-solving skills
• Analytical mindset and ability to work effectively and lead cross-functional teams
• Comfortable working in a small company environment
• Ability to collaborate with key partners and business leaders.
• Demonstrated ability to deliver results under pressure in a tight timeframe.

Kuvare company is an equal opportunity employer that makes hiring decisions based on merit, qualifications, and the business need. We are dedicated to a policy of nondiscrimination in employment on any basis including age, sex, color, race, creed, national origin, religious persuasion, marital status, political belief, or disability that does not prohibit performance of essential job functions. We encourage all qualified candidates to apply.

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