Trade Allocation and Settlement Analyst

Description The Huntington Securities, Inc. (HSI) Trade Allocation Specialist is responsible for ensuring timely and accurate trade allocations and corrections for institutional clients. This role involves close coordination with internal teams, clients, and external counterparties to manage risk and maintain compliance with regulatory requirements. Duties & Responsibilities: Manage daily trade allocation process Identify and work with clients sending manual trade allocations to meet regulatory allocation requirements Work with internal teams and clients to facilitate trade corrections Process timely and accurate trade corrections Conduct thorough research and analysis for all trade corrections Utilize a strong understanding of financial markets to identify and mitigate potential operational risks Stay up to date on industry regulations and compliance requirements related to trade allocations, corrections, and settlement Create and maintain detailed documentation of allocation processes and procedures Communicate with internal and external stakeholders to provide status updates and resolve any issues or concerns related to settlements Collaborate with various internal teams to ensure smooth settlement processes Monitor and manage trade exceptions, ensuring prompt resolution and escalation when necessary Process and reconcile daily trade settlements in a timely and accurate manner Ensure timely and accurate settlement of trades, while mitigating operational risk Monitor trade affirmations to comply with T+1 regulations Provide support to other team members and assist with ad hoc projects as needed Performs other duties as assigned Basic Qualifications: Bachelors Degree 2 or more years of Broker Dealer trade allocations experience or comparable experience FINRA Series 7 Preferred Qualifications: Collaborate with team members to ensure accurate and timely securities trade processing Resolve operational or trading issues by coordinating with other departments and external parties Complete in-depth investigations into all trade corrections, both internally and with clients to create timely resolutions Experience working with MBS products, including TBA and Pools Knowledge of securities regulations, compliance, and industry standards. Ability to manage multiple priorities in a fast-paced environment; adaptive to change Ability to create and foster strong partnerships with business partners and work well in a team environment Detail oriented with strong organizational skills Bloomberg/TOMS/CTM Strong understanding of securities markets and trading systems Analytical, problem-solving, and communication skills Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Yes Workplace Type: Office Our Approach to Office Workplace Type Certain positions outside our branch network may be eligible for a flexible work arrangement. Were combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. Compensation Range: 77,000.00 - 154,000.00 Annual The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). Huntington is an Equal Opportunity Employer. Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details. Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration. Welcome to Huntington! At Huntington, we look out for people. From reinventing banking with game-changing innovations to building an internal culture that creates lifelong bonds, together, we can make peoples lives better. And amazing things happen when we look out for each other. We prove it every day. Whether its helping a colleague or collaborating on a new tool that will revolutionize the way people save money, our actions can have a huge impact. Our colleagues look out for people with a Can-Do Attitude, Service Heart and Forward Thinking. Those are our valuessimple but powerful. Each of them pushes us do the right thing, to do right by people. Because people are what matter. If that sounds like you, we hope youll apply to join our team. If youd like to learn more about how Huntington looks out for people, visit https://www.huntington.com/lookingout We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of this site or if you require a reasonable accommodation to apply for a job or to perform the essential functions of the job, please send an email to HuntingtonCareers@Huntington.com Reasonable Accommodations Reasonable Accommodations EEOC Disclaimer Know Your Rights CA Data Privacy CA Data Privacy Rights Tobacco Disclaimer Tobacco-Free Hiring Practice Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.