Clearance & Settlement Testing Analyst
DTCC
Clearance & Settlement Testing Analyst
DTCC
Clears and settles securities trades for financial firms
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Enterprise Services comprises of multiple business platforms including Client Services, Global Business Operations, Business Architecture, Data Strategy and Analytics, and Digital Services, which report into the Chief of Enterprise Services. These grouped platforms enable the business to optimize delivery for clients, generate efficiencies and resilience, and enable consistency in the business digitization strategy, processes and end-to-end best practices.
Pay and Benefits:
The Impact you will have in this role:
Being a member of the team, the Clearance & Settlement Operations is responsible for the end-to-end processing of clearance and settlement activities across DTC, NSCC & FICC, ensuring the integrity and efficiency of U.S. financial markets. SCSO manages a wide range of functions—from real-time trade matching, netting, and settlement to exception handling, risk mitigation, physical processing and operational controls. The group also leads cross-functional initiatives such as project management, workflow enhancements, and operational risk review across business lines. Additionally, the team is responsible for the User Acceptance Testing (UAT) for Operational functionality within the C&S business lines at DTCC ensuring that defined quality standards are met. The UAT team should possess an in-depth knowledge of automated testing tools and quality control approaches including the ability to automate test scripts.
Your Primary Responsibilities:
Demonstrates effective communication skills, active engagement in meetings and displays a curiosity to learn and grow; accepts feedback given and applies to role.
Qualifications:
Entry level – internship experience highly preferred or equivalent experience in a quality testing role.
Talents Needed for Success:
Adheres to established rules and procedures when performing work.
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Salary Range: Salary will be Commensurate with Experience
DTCC provides the systems financial firms use to complete securities trades after buyers and sellers agree a transaction. Broker-dealers, banks and asset managers use its services to match trade details, calculate obligations, move securities and report transactions. Its NSCC and FICC subsidiaries clear equity and fixed-income trades, while DTC holds securities and handles settlement and payments such as dividends. By offsetting obligations between firms, its clearing services reduce the securities and cash that must change hands, and its repositories maintain derivatives transaction records for regulatory reporting. The parent was established in 1999 and is headquartered in Jersey City, New Jersey.
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