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Associate, Operations - SMBC Nikko Securities America, Inc.

Associate, Operations - SMBC Nikko Securities America, Inc.

Job Locations 
US-NY-New York
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The Operations team within SMBC Nikko Securities America, Inc. is looking for an Associate level addition to the team.  The Operations Specialist will be responsible for ensuring timely settlements of all executed trades in the appropriate custodian depository, as well as Ensuring that Front Office/Affiliates are aware of all trade discrepancies and fails that may affect the firm's position or P/L.



-Will be responsible for the settlement of securities (Fedwire, Tri-Party, DTC) using Bank of NY's clearing systems - BDC, GSP, Acces Edge
- Knowledge of Broadridge back-office systems - Impact and Gloss.
- In the upcoming months, assist staff in the conversion to Bank of NY.
- Assist staff on different settlement issues that may arise during the course of the trading day.
- Daily interaction with the repo & sales desk, affiliates, various clearing banks, and clients to ensure all trades settle.
- Ensure that all FICC have matched.
- Ensure end-of-day box/fail reconciliation is completed.
- Daily reconciliation of the various cash clearance accounts.



- 5-7 years of prior experience.

- Ability to settle Fixed Income Securities and TriParty transactions, knowledge of Fixed Income Clearing Corp.(FICC)
- Knowledge of Broadridge Systems (Impact/Gloss), Bk of NY clearing systems (BDC, GSP, Access Edge), and FICC. Ability to perform under time and pressure, Strong communication skills.

-Overtime may be necessary.
- May need to work on U.S. holidays when Tokyo markets are open
- This role will eventually be located in White Plains