Trade Settlements Specialist

Job Overview

The Huntington Securities, Inc. (HSI) Trade Settlements Specialist is responsible for ensuring the accurate and timely settlement of securities transactions across multiple asset classes and markets. This role involves close coordination with internal teams, custodians, clearing firms, clients and external counter parties to resolve trade discrepancies, manage risk, facilitate wire requests as needed, support trade operations, and maintain compliance with regulatory reporting requirements.

• Monitor trade affirmations to comply with T+1 regulations.
• Ensure timely and accurate settlement of trades while mitigating operational risk.
• Process and reconcile daily trade settlements.
• Monitor and manage trade exceptions, ensuring prompt resolution and escalation when necessary.
• Conduct thorough research and analysis to identify and resolve discrepancies in trade settlements.
• Collaborate with various internal teams to ensure smooth settlement processes.
• Develop and maintain strong relationships with external clients and counter parties to facilitate efficient settlement processes.
• 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 settlements.
• Create and maintain detailed documentation of settlement processes and procedures.
• Communicate with internal and external stakeholders to provide status updates and resolve any issues or concerns related to settlements.
• MBS/ABS settlements knowledge, including Reg S to 144A conversions and factor changes.
• Support Equity Corporate Buyback settlement.
• Validate and reconcile MSRB, TRACE, and CAT regulatory trade reporting.
• Work with audit or risk colleagues to provide information and test internal controls.
• Perform other duties as assigned.

• Bachelor’s Degree.
• 2 or more years experience in trade operations, settlements, or allocations.
• FINRA Series 7 (preferred).
• Additional 5 years’ experience in product area may be considered in lieu of Bachelor’s degree.
• Experience working with mortgage products, including TBA and pools.
• Oversee settlement of DTCC, FICC and Fedwire trades.
• Manage daily margin activity and collateral exchange.
• Experience with regulatory trade reporting.
• 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 experience.
• Strong understanding of securities markets and trade settlement processes.
• Analytical, problem‑solving, and communication skills.

• Competitive base compensation with range based on location, experience, and education.
• Eligible to participate in incentive compensation plan.
• Health insurance coverage, wellness program, life and disability insurance.
• Retirement savings plan.
• Paid leave programs, paid holidays and paid time off (PTO).

Workplace Type:
Office – this position is exempt from overtime pay. Some roles may offer flexible work arrangements, combining in‑office and remote work.

Huntington is an Equal Opportunity Employer. Tobacco‑Free Hiring Practice.