Transaction Settlement Associate Jobs (NOW HIRING)

Trade Confirmation & Settlement Associate page is loaded## Trade Confirmation & Settlement Associatelocations: Chicago, ILtime type: Full timeposted on: Posted 3 Days Agojob requisition id: JR-2026-101002# # **Position Summary**Guggenheim Investments is seeking a candidate interested in gaining cross-team skill development to join its Transaction Services department within the Investment Management Operations business. The Transaction Services department is comprised of Allocations, Trade Confirmation, Settlements, and Collateral Management. In this role, one will be trained on the core concepts and tasks of each group (Allocations, Confirmation & Settlements, Collateral Management), preparing them to obtain a broader skill set and extensive full-cycle knowledge of Transaction Services. One has the opportunity to work and communicate effectively with internal groups including portfolio management, trading, client distribution, legal and compliance. This position is located in our Chicago offices.# **Responsibilities**# **Key Responsibilities*** Allocate, confirm, clear, and ensure settlement of all fixed income and equity trades, including repurchase agreements, as well as both Over-The-Counter and Exchange Traded Derivatives including options, swaps, and futures.* Act as an intermediary for all fixed income trades, including gathering demand and producing the final allocation among various portfolios.* Enter trade allocations into an order management system.* Document and maintain trade allocation archives.* Participate in monthly performance dispersion analysis with member of Risk and Investment Performance team.* Monitor settlement of all trades and ensure timely resolution of any failing transaction.* Issue, receive and answer all margin calls across OTC, cleared swap, futures, repo and prime brokerage.* Ensure trades are accurately transmitted to third parties including custodians and administrators working to resolve any discrepancies in a timely manner.* Communicate professionally and effectively with all brokers and counterparties and seek to expand business relationships.* Work and communicate effectively with internal groups including portfolio management, trading, client distribution, legal and compliance.* Participate in department and firm-wide projects aimed to increase efficiency and minimize risk including those with systems vendors and information technology.* Assist in the development and documentation of procedures and controls within the business unit.* Serve as the primary lead with respect to internal audit and annual reviews of the allocations, confirmation, settlement, and collateral policies and procedures.# **Qualifications**# **Basic Qualifications*** Bachelor’s degree with a preferred concentration in a business-related field.* Minimum of 2-4 years of experience in an operational role within financial services.# # **Preferred Qualifications*** Broad understanding of Fixed Income, equity, financing and derivative products and the operational workflows.* Knowledge of various industry tools such as Blackrock Solutions Aladdin, Omgeo, Bloomberg, DTCC, MarkitSERV and CLS as well as clearing institutions.* Motivated team player who has a collaborative mindset to resolve issues both within and outside of the department.* Desire to drive change within the operational workflow and dedication always improving the group’s processes.* Excellent communication skills to interact with brokers and counterparties as well as various levels of management within the firm.* Ability to operate in a stressful, deadline driven environment while still maintaining a strict attention to detail and an ability to prioritize issues appropriately* Proficiency in Excel and a desire to implement workflow tools is desired but not required.# We are not seeking agency assistance with this position.# **Salary Range**Annual base salary between$100,000.00-$105,000.00The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.We focus relentlessly on delivering results through innovative solutions. We relish opportunities to solve complex problems through exhaustive approaches. As we conduct our business every day, every member of Guggenheim is expected to uphold our uncompromising standards for integrity and excellence and to be personally accountable for their actions and business results.Our principles entail engaging highly talented people, challenging them to think creatively, and encouraging them to achieve extraordinarily high standards in their fields of expertise. To succeed at Guggenheim, candidates should be a strong fit with our business principles, culture, and value system. We encourage you to review Our Firm page to learn more about how we seek to create value through our diversified businesses. Visit the link below to review our current openings and job descriptions and to apply today.We offer compelling opportunities for self-starters who take great pride in the quality of their work and seek to exceed expectations. We are looking for people who take ownership, adhere to the highest standards, and think creatively to realize opportunities. Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimInvestments.com, and follow us on LinkedIn. #J-18808-Ljbffr