Settlements Analyst

 

Founded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer investment strategies and solutions where we believe we are positioned to add the greatest value for our investors. These include multi-asset class, equity, fixed income and alternative offerings.

 

We manage approximately $80bn for a client base that includes many of the world’s most sophisticated institutions, financial intermediaries, and private clients. Industry-wide, we are well known for our focus on valuation-based investing, willingness to take bold positions when conditions warrant, and candid and academically rigorous thought leadership. Jeremy Grantham, GMO’s Co-Founder and Long-Term Investment Strategist, is renowned as an expert in identifying speculative investment bubbles and also as a leading climate investor and advocate.

 

GMO is privately owned and employs over 430 people worldwide. We are headquartered in Boston, with additional offices in Europe, Asia and Australia. Our company-wide culture emphasizes commitment to clients, intellectual curiosity, and open debate. We celebrate and respect our differences, while embracing and valuing what each of us brings to work, as we know that diverse teams in an inclusive, caring environment achieve higher engagement and better client results.

 

 

POSITION OVERVIEW

The Settlements Analyst is responsible for Equity, Fixed Income and FX settlement monitoring. The analyst’s primary responsibility will be to maintain high service levels while improving and strengthening our operational infrastructure. The position will provide the successful candidate with the opportunity to learn about all stages of the investment process, from idea generation and trade building to implementation and trading.

The team takes a proactive approach, beginning on trade date and following through until successful market settlement.  The analyst will liaise between brokers, custodians, and GMO’s Trading team to mitigate risk due to failing trades and identify and resolve any settlement issues. The team also manages the review and signing of all OTC Derivative trades executed by GMO.  This position offers exposure to GMO’s various investment, operational and technology groups, and an opportunity to enhance individual analytical & technical skills.

PRIMARY DUTIES AND RESPONSIBILITIES

• Monitor trade settlement of equity, fixed income, and derivative transactions
• Maintain accurate custodian and broker settlement instructions
• Demonstrate understanding of the various settlement cycles and the nuances of the global markets
• Ensure timely receipt, detailed review, signoff, and storage of all OTC derivative confirms
• Evaluate and issue claims as necessary to recover fees from brokers or custodians
• Assist on ad hoc projects and contribute to process improvement initiatives that strengthen the teams operational infrastructure

DESIRED SKILLS AND EXPERIENCE

• The successful candidate will be required to have a minimum of one to three years of industry experience directly supporting the lifecycle of both listed securities and derivatives.
• Strong analytical skills - the Settlements Analyst must have the ability to explain and/or resolve exceptions.
• Strong work ethic and attention to detail—the day-to-day responsibilities will require focus and dedication to problem solving. Ownership is the key. Issues must be resolved in a timely manner and seen through to completion.
• General understanding of the lifecycle of a trade from implementation through settlement with a demonstrated understanding of the various settlement cycles and the nuances of global markets.
• Excellent communication skills with an ability to effectively communicate with multiple internal and external counterparts to resolve operational issues (for example, direct communication with GMO Compliance, GMO Trading, and external brokers.)
• Demonstrated ability to multi-task and prioritize between multiple deadlines.
• Working knowledge of SWIFT messaging.
• Ability to work under pressure and independently.
• Familiarity with generative AI tools (e.g., MS Copilot, ChatGPT, Claude) and prompt engineering.
• Knowledge of Aladdin, TradeNexus, and Alert is a plus.