Sales Development Manager
Pear VC
Salary
💰 $32 - $36 per hour
Job Level
JuniorMid-Level
About the role
- Support operation functions for top tier clients on the settlements team
- BDC Clearance & Settlements (Treasuries, Agencies, Mortgages)
- Handle Fail to Deliver, Fail to Receive, COD/COR, Cash Trades, SEG Movements
- Process Repo/reverse and Sponsored Repo via DLR
- Resolve IMPACT open items for 15c3, DKs, Reversals
- Participate in FICC/GSD/MBSD/GCF activities
- Process pair-offs as required and reconcile Stock & Cash breaks
- Monitor daylight overdrafts and escalate as necessary
- Manage fail control including both cash and securities fails
- Establish and modify BNY settlement exception flags
- Process GSCC and BNY settlements including Fed Wires, drawdowns, repayments and end-of-day funding
- Process/notify GSCC Margin requirements and facilitate settlements
- Manually instruct/process DME’s across depository movements in Euroclear and handle wire processing
Requirements
- 1+ years of Fed Settlements experience
- Bachelor's degree/equivalent experience
- ICI, BDC, RTTM, BPS and iMatch experience (benefit)
- Knowledge and Experience with IMPACT, BONY, and Accessedge
- Ability to meet and deliver positive work on strict deadlines
- Ability to strengthen bonds and communicate effectively and clearly with both colleagues and clients
- Self-motivated, responsible and reliable
- A driven individual looking for self and process improvement
- A willing learner open to new ideas and concepts
