Derivatives Settlements & Investigation Associate

About the role

The Settlements and Investigations Manager is responsible for timely and accurate settlement of cash flows and resolution of post‑settlement breaks of derivatives trades, ensuring control over booking issues and risk assessment.

Key responsibilities

• Ensure the team affirms cash flows with counterparties, performs pre‑settlement checks and settles cash flows accurately.
• Investigate and resolve breaks on day 1, prioritising based on risk and monitoring daily KPI performance.
• Identify and escalate issues that may delay settlements, manage settlement queues and perform root‑cause analysis of breaks.
• Provide guidance and development support to team members and act as an escalation point.

Required profile

• At least 6 years of treasury operations, settlements or cash‑management experience.
• Prior supervisory experience in a high‑pressure, high‑volume environment.
• Strong understanding of derivatives trade life‑cycle, settlement instructions and market standards.

Required skills

• Proficiency in MS Office, especially Excel.
• Knowledge of Swift messaging formats (MT103, MT199, MT202, MT202COV, MT299).
• Familiarity with Calypso or Summit platforms.
• Understanding of ISDA definitions, Nostro accounts and cash‑management requirements.