Fixed Income DTC Settlement Analyst

Job Description

Preferred Qualifications

• Role Summary The Fixed Income DTC Settlement Analyst is responsible for the end-to-end settlement of U.S. fixed income securities through The Depository Trust Company (DTC). The role focuses on ensuring timely settlement, minimizing fails, managing inventory and funding impacts. Key Responsibilities Settlement Execution (Fixed Income Focus)
• Manage daily DTC settlement of fixed income securities including DVP/RVP, free of payment, and institutional deliveries REPO, Reverse REPO Stock Loan - Loanet
• Ensure timely settlement in a T+1 environment while meeting all market cut-offs Monitor and manage DTC settlement queues using Settlement Web / PTS Escalate high-risk exposures and aged fail items
• Drive resolution with counterparties, custodians, and internal trading desks
• Partner with funding/treasury teams to ensure sufficient liquidity Reconciliation & Controls Perform daily reconciliation of DTC positions vs. internal ledgers Cash balances and settlement activity
• Identify and resolve breaks with a strong control mindset
• Ensure adherence to operational risk and control frameworks Stakeholder Management Act as key liaison between Fixed Income Trading Desks Middle Office / Confirmations Funding & Treasury teams External counterparties and custodians
• Provide clear, timely updates on settlement risks and issues Regulatory & Risk Compliance
• Ensure compliance with SEC, FINRA, and internal policies
• Support audits, inquiries, and control reviews Process Improvement & Change Initiatives
• Identify opportunities to automate manual processes and improve STP rates Participate in system upgrades, testing, and platform migrations
• Drive operational scalability and risk reduction initiatives Qualifications &
• Experience 5+ years of experience in fixed income securities operations
• Strong hands-on expertise with DTC settlement workflows Exposure to repo, Stock Loan and DTC Settlement is required Systems & Tools DTC platforms (Settlement Web, PTS/PBS) Settlement systems (e.g., Broadridge) Stock Loan system (Loanet) Skills & Competencies
• Strong analytical and problem-solving capabilities High attention to detail with a risk & control mindset Ability to perform in a high-volume, time-sensitive environment Effective communication with trading desks and senior stakeholders Key Performance Indicators (KPIs) Timely resolution of exceptions and reconciliation breaks Accuracy of DTC positions and cash balances Improved settlement efficiency and STP rates
• Strong audit and control outcomes

Preferred Qualifications

• Bachelor's degree in finance, Business, or related field
• Experience at a broker-dealer or primary dealer environment The Operations Analyst/Specialist I TDS provides back up for the Canadian Fixed Income Desk. This individual will handle corporate actions, daily cash reconciliation, tracking file uploads into FIST, and be a DTC clearance specialist. Responsibilities include the clearance of London trading activity passing through US broker/dealers. Activities include advising agent of ticket control numbers for confirmations and by performing required system maintenance. In addition, the position will maintain compliance files and verify new clients are set up on FIST, acknowledging that settlement and other client instructions are complete. Depth & Scope Acts as a specialist owner or representative in the discipline
• Leads / participates in the identification, development and implementation of new products, operating workflow, additional services/applications or operational efficiencies for Global Business Services Identifies documents, investigates, and resolves service delivery issues
• Manages relationships with the client, and other areas of TDS / GBS Acts as a project manager for small-scale projects/initiatives Initiates or participates in projects follows project management methodologies, communicates project status and provides timely escalation of issues to senior management to ensure project objectives are met Interfaces with regulators, external groups (legal firms, accountants etc.), suppliers on operating and service delivery issues relative to the specific area of functional expertise as authorized by the manager Escalates non-standard or high risk transactions or other activities as appropriate Acquires and applies expertise in the discipline, provides guidance, assistance and direction to others in TD Securities Identifies recommend and effectively executes standard practices applicable to the discipline Analyzes service delivery issues and identifies potential solutions that enhance the customer experience and support TD Securities business objectives Protects the interests of the firm identifies and manages risks Completes business process reviews as required Education &
• Experience Bachelor's degree, or specialized training / equivalent work experience 3-4 years related experience

Who We Are

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we strive to make every interaction, product and experience remarkably human and refreshingly simple.

Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank.

Together, we are reimagining what banking can be for our clients, colleagues and communities. Our Total Rewards Package Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals.

Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more Additional Information We’re delighted that you’re considering building a career with TD.

Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home. Colleague Development If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed.

You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact. We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals.

Here at TD, we hire and develop the best. Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role. Interview Process We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call. Accommodation TD Bank is an

equal opportunity

employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.

If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.

US Labor & Employment Posters | California Privacy | Accessibility | FAQ Our Values At TD we’re guided by our purpose to enrich the lives of our customers, communities and colleagues, and share a set of values that shape our culture and guide our behavior. In exchange for how our colleagues show up to help TD succeed, we are committed to delivering a colleague experience grounded in Impact, Growth and a Culture of Care.

No matter where you work across TD, we empower you to make an impact at work and in your community, explore and grow your career and be part of our caring and inclusive culture. Our Commitment to Diversity, Equity, and Inclusion At TD, we’re committed to fostering an environment where all colleagues are encouraged to bring their authentic selves to work, experience equitable opportunities, and feel respected and supported.

We’re dedicated to building an inclusive workforce that reflects the diversity of the customers and the communities in which we live and serve. Helping to Make an Impact in Communities – TD Ready Commitment TD has a long-standing commitment to help drive progress towards a more inclusive and sustainable future.

That’s why we launched the TD Ready Commitment in 2018, now a multi-year North American initiative. Under the TD Ready Commitment, we are targeting a total of C$1 billion by 2030 in community giving across four key, interconnected drivers of change: Financial Security, Vibrant Planet, Connected Communities, and Better Health.

It’s our goal to help support change, nurture progress, and contribute to making the world a better, more inclusive place for our customers, colleagues, and communities. Learn more Canada | US | Europe & Asia Pacific