Cantor Fitzgerald

Arranges financing and brokers securities trades

International Settlements Clerk

Finance & BankingConfirmed live in the last 24 hours

Full-timeJacksonville, FL, USANo salary listedIn-person

About the Job

Requirements

1–3 years of experience in securities operations, settlements, custody, or related functions.
Working knowledge of international securities settlement, DVP and FOP transactions, and major market infrastructures such as Euroclear and CREST.
Familiarity with SWIFT settlement messaging.
Ability to work flexible hours to cover international market cut-offs and time zones.
Strong analytical skills and attention to detail for identifying and resolving discrepancies.
Ability to communicate and coordinate with custodians, counterparties, and internal teams.
Proficiency in Excel and familiarity with settlement and reconciliation systems.
Understanding of settlement risk, operational controls, and regulatory requirements.
Ability to document processes, maintain accurate logs, and produce management reports.

Responsibilities

Process and monitor international equity and fixed-income transactions from trade booking through final settlement.
Review trade details, allocations, confirmations, and matching status to identify discrepancies before market deadlines.
Verify settlement instructions, account details, settlement dates, currencies, and place of settlement.
Coordinate trade amendments and settlement instructions with global custodians, sub-custodians, clearing agents, and counterparties.
Monitor securities availability and cash funding requirements, escalating shortfalls as needed.
Track unmatched, pending, and failed transactions, prioritizing aged fails, significant exposures, and approaching cut-offs.
Investigate fail causes, including insufficient securities, funding shortages, incorrect instructions, late allocations, and booking errors.
Maintain fail reason codes, exception logs, and daily management reporting, and follow established procedures and controls.
Reconcile securities positions, cash balances, and settlement activity against custodian and internal records.
Support investigation and resolution of settlement penalties, claims, and buy-in notices.

Desired Qualifications

Experience with FIS Phase 3.

The International Settlements Clerk will ensure the end‑to‑end processing of equity and fixed‑income trades across global markets, from booking to final settlement. The role requires close coordination with custodians, counterparties, trading desks and internal operations teams to resolve discrepancies, manage fails, and maintain accurate records while adhering to market cut‑offs and regulatory requirements.

1‑3 years of experience in securities operations, settlements, custody, or related functions.
Working knowledge of international securities settlement, DVP and FOP transactions, and major market infrastructures (e.g., Euroclear, CREST).
Familiarity with SWIFT settlement messaging; experience with FIS Phase 3 is a plus.
Ability to work flexible hours to cover international market cut‑offs and time zones.
Strong analytical skills with attention to detail for identifying and resolving discrepancies.
Effective communication and coordination skills for interacting with custodians, counterparties, and internal teams.
Proficiency in Excel and familiarity with settlement and reconciliation systems.
Understanding of settlement risk, operational controls, and regulatory requirements.
Ability to document processes, maintain accurate logs, and produce management reports.
Self‑motivated with a continuous‑improvement mindset to enhance efficiency and reduce risk.

Process and monitor international equity and fixed‑income transactions from trade booking through final settlement.
Review trade details, allocations, confirmations, and matching status to identify discrepancies before market deadlines.
Verify settlement instructions, account details, settlement dates, currencies, and place of settlement.
Coordinate trade amendments and settlement instructions with global custodians, sub‑custodians, clearing agents, and counterparties.
Monitor securities availability and cash funding requirements; escalate shortfalls as needed.
Track unmatched, pending, and failed transactions, prioritizing aged fails, significant exposures, and approaching cut‑offs.
Investigate fail causes such as insufficient securities, funding shortages, incorrect instructions, late allocations, and booking errors.
Maintain fail reason codes, exception logs, and daily management reporting; follow established procedures and controls.
Reconcile securities positions, cash balances, and settlement activity against custodian and internal records.
Support investigation and resolution of settlement penalties, claims, and buy‑in notices.

About the Company

Cantor Fitzgerald

Arranges financing and brokers securities trades

Cantor Fitzgerald arranges financing and executes securities trades for corporations and institutional investors through its investment banking and brokerage businesses. Its capital markets teams work on equity and debt offerings, while advisers support mergers, acquisitions, and private investment transactions. Trading desks cover stocks and fixed-income securities, and its prime brokerage and investment management businesses support clients with financing and portfolio services. The firm earns underwriting and advisory fees, trading commissions, and investment management fees across these activities. Founded in 1945, Cantor Fitzgerald is headquartered in New York City.

Company size: 1,001-5,000
Company stage: Not listed
Total funding: Not listed
Headquarters: New York City, New York
Founded: 1945

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