Senior Settlements Analyst

<div class="content-intro"><p><span style="text-decoration: underline;"><strong>About Altruist</strong></span></p> <p>Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients.</p> <p>We're looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you're passionate about challenging the status quo and want to do the most important work of your life, we'd love to meet you!</p> <p><span style="text-decoration: underline;"><strong>But first, our values</strong></span></p> <p style="padding-left: 40px;"><strong>Kindness</strong> - Kindness doesn’t <em>just</em> equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully.<br><br><strong>Brilliance</strong> - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one.<br><br><strong>Grit</strong> - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles.</p></div><p><span style="font-weight: 400;"><span style="text-decoration: underline;"><strong>About the position</strong></span></span></p> <p>As Altruist enters an expansion phase for our revolutionary product offering, we’re seeking an experienced Senior Settlements Operations Analyst to help position us for future growth and success. As a Senior Settlements Operations Analyst will be responsible for the comparison and reconciliation of securities transactions with street side counterparties and settling those transactions timely and accurately while adhering to policies, procedures, and regulatory guidelines.</p> <p><span style="text-decoration: underline;"><strong>What you’ll do</strong></span></p> <ul> <li>Provide clearing back office support to investment advisors and their clients </li> <li>Support escalations to resolution and provide feedback to management and product partners for continuous improvement </li> <li>Reviews daily trade reports generated from the back-office clearing platform FIS/Phase 3 as well as external communications from counterparties, rectifying breaks and issues identified. </li> <li>Handle P&S Inquiries and corrections</li> <li>Processes trade comparisons and corrections using the FIS/Phase 3 system. You will also perform comparison of fixed income trades in FICC CMU and the reporting of fixed income transactions in FINRA TRANCE and MSRB RTRS Web.</li> <li>Identifying, investigating, and resolving trade, cash, and position reconciliation issues to ensure transactions are correctly recorded in appropriate systems facilitating successful settlement </li> <li>Support Depository Trust and Clearing Corporation (DTCC) Settlement functions and related processes such as Buy-Ins, Obligation Warehouse, and RECAPS. </li> <li>Review fail exposure & accurately report to senior regulatory management teams </li> <li>Reconcile daily possession and control issues </li> <li>Maintain excellent client service skills </li>