Settlements (Domestic FED wire) - Senior Associate
Crédit Agricole
- New York City, NY
- $100,000-150,000 per year
- Permanent
- Full-time
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
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- TRADE PROCESSING- PROCESSING OF CASH TRADES (BUYS/SELLS) AND REPO TRANSACTIONS CLEARING THROUGH THE BNY BDC FED WIRE SYSTEM.
- TRI-PARTY: PROCESSING AND FULL KNOWLEDGE OF TRI-PARTY ALLOCATIONS PROCESS UTILIZING THE BANK OF NEW YORK ACCESSEDGE SYSTEM.
- PAIR-OFFS: MONITORING AND PROCESSING OF CUSTOMER PAIR-OFFS, INCLUDING CANCELLATION OF TRADES TRANSMITTED TO BNY TO AFFECT PAIR-OFF WIRE PAYMENT.
- SYSTEMS: KNOWLEDGE OF ALL BNY BDC FUNCTIONS, INCLUDING THE TRANSMISSION MODES, POSITION SCREENS, PENDING TRADES, ACK/NAK, RDARS, CASH SCREENS.
- INTERACTION: HIGH VOLUME PROCESSING AND KNOWLEDGE OF FED WIRE DEADLINES; CONSTANT INTERACTION WITH MIDDLE OFFICE AND TREASURY REPO DESK.
- RECONCILIATION: INTRADAY AND END OF DAY BALANCING OF ACTIVITY CLEARED AT BNY THAT WAS PROCESSED ON PHASE3 SYSTEM TO ENSURE BALANCING OF POSITIONS AND CASH. PROCESS JOURNAL ENTRIES AND CASH MOVEMENTS ON PHASE3.
- FICC- KNOWLEDGE OF FICC PROCESSING, INCLUDING TRADES NETTED AND BALANCE ORDER FAILS WITH THE CLEARINGHOUSE.
- Assist the area when called upon for the other aspects of the department and operation
- Reporting to management of positions in inventory and operational suspense account.
- Daily reporting of open trades and unmatched trades to escalate for timely settlement.
- CA middle & Front office, Finance & Compliance; Internal Audit
- CA affiliate accounts (Paris, Tokyo)
- Must be a self-starter, with excellent problem solving skills and be able to work under pressure