Derivatives Settlements & Investigation Associate

The Settlements and Investigations Manager is responsible and accountable for the Settlements and Investigations functions, ensuring timely and accurate settlement of cash flows and resolution of post settlement breaks of Derivatives trades on behalf of our client.  

The Settlements and Investigations functions also serves as a layer of control where booking issues such as incorrect economics (wrong direction, currency, index, notional, counterparty, etc.) are detected, escalated, and resolved. To this end, the Settlements and Investigations Manager is expected to have these issues identified within the pre-settlement stage and to have the team asses the risk of all post value breaks within 24 hours of posting or inquiry and initiate appropriate steps to resolve them while fully observing the procedures and policies of the function. The Settlements and Investigations Manager is also expected to ensure escalation to senior management and the business is done timely, and corrective actions are taken. 

The Settlements and Investigations Manager should demonstrate resilience by serving as a referral and escalation point for the team, as well as performing some control functions such as monitoring settlement and payment task stations and ensuring that the control framework is effective and consistently adhere to. The role requires monitoring of all settle