Settlement Analyst - DTCC Settlement Transformation
- Toronto, ON, Canada
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Job details
- Job type
- Contract
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- Posting language
- English
- Posted
Original job description
Contract Duration: 9 months to start - possibility of extension
About the role
A leading Canadian bank is launching a multi-year program to deliver DTCC-driven settlement changes across its North American capital markets business. As Settlements Analyst, you'll be the settlements subject-matter voice on the program, leading impact analysis on settlement processes and defining how operations will run once partial settlement and the new messaging standards go live.
What you'll do
- Lead current-state analysis of securities settlement processes across Toronto, New York and Houston.
- Assess the operational impact of DTCC changes, including partial settlement and messaging format changes, across impacted systems and teams.
- Define future-state settlement workflows, exception handling and controls with Operations, Technology and business stakeholders.
- Write clear business requirements, process maps and user stories for each impacted area.
- Work with the Technical Analyst to connect operational requirements to system and message-level changes.
- Build test scenarios, support SIT and UAT, and validate settlement outcomes end to end.
- Prepare operational readiness materials, including updated procedures and cutover support.
What you bring
- 7+ years in capital markets settlements, as a Business Analyst or in a settlements operations role on change programs.
- Strong knowledge of the securities trade lifecycle, especially clearing, matching and settlement.
- Hands-on experience with DTCC services and processes (e.g., DTC, NSCC, CTM or similar).
- Understanding of partial settlement, fails management and settlement exception handling.
- Experience with Broadridge settlement platforms, such as BPS.
- Proven ability to run workshops and manage stakeholders across Operations, Technology and the business.
- Clear, structured documentation and communication skills.
Nice to have
- Experience on T+1, CSDR or other settlement regulatory programs.
- Exposure to both Canadian (CDS) and U.S. settlement markets.
- Familiarity with ISO 20022 settlement messaging.
More about this job
Responsibilities
Analyze current securities settlement processes and assess the operational impact of DTCC-driven changes across systems and teams. Define future-state workflows, requirements, controls, and test scenarios, and support testing, operational readiness, and cutover.
Requirements
Requires 7+ years of capital markets settlements experience in a Business Analyst or settlements operations role on change programs, with strong knowledge of the securities trade lifecycle and hands-on experience with DTCC services or similar processes. Candidates should understand partial settlement and exception handling, have experience with Broadridge settlement platforms, and be able to document requirements and manage cross-functional stakeholders.
Skills
- Securities Settlements
- Capital Markets
- DTCC Services
- DTC
- NSCC
- CTM
- Settlement Process Analysis
- Partial Settlement
- Fails Management
- Settlement Exception Handling
- Broadridge BPS
- Business Requirements
- Process Mapping
- User Stories
- SIT And UAT Testing
- ISO 20022 Messaging
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Consulting
Keywords
- Capital Markets
- Securities Trade Lifecycle
- Securities Settlement
- DTCC
- DTC
- NSCC
- CTM
- Partial Settlement
- Fails Management
- Settlement Exceptions
- Broadridge
- BPS
- Business Analysis
- Business Requirements
- Process Maps
- User Stories
- Operational Controls
- Stakeholder Management
- System Integration Testing
- SIT
- User Acceptance Testing
- UAT
- Operational Readiness
- Cutover
- T+1
- CSDR
- CDS
- ISO 20022
- Settlement Messaging