Trade Settlements Specialist

Recruiter
Eden Scott
Location
Edinburgh
Posted
10 Nov 2017
Closes
15 Nov 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Trade Settlements Specialist Eden Scott’s client has excellent opportunity for individual to join a prestigious investment house in Edinburgh.  This role is a permanent opportunity and the successful individual will support the segregated client administration team in various investment duties and ensure the smooth running of the Settlements team. Responsible for the matching and monitoring of trades to ensure timely settlement by liaising with the broker or custodian. Ensure the accurate matching of all trades within Charles River/CTM and GTSS and liaise with the dealing team, broker, 3rd party or custodian to resolve any mismatches. Ensure all trade and FX swift messages are released to the custodian within appropriate deadlines. Monitor all trades post execution and liaise with the broker or custodian to resolve any issues and ensure timely settlement. Monitor the settlements mailbox and respond to queries in a timely manner. Maintain up to date and accurate client settlement instructions in Alert. Maintain and distribute client specific trade blotters and ensure the end of day checklist is completed. Ensure new client accounts are set up accurately in Alert and GTSS. Responsible for updating Client Administration records with custodian cash movements on a daily basis. Liaise with custodians to resolve outstanding differences on client accounts and accurately record all of the issues. Checking third party FX amounts accurately and efficiently. Carry out a reconciliation of all holdings discrepancies on a daily basis. Check/update the deposit spreadsheet on a daily basis whilst ensuring balances are sufficient to cover pending transactions. Distributing valuations & reports to clients on a monthly and weekly basis in accordance with the appropriate checklist. Ensure stock transfers are completed accurately and efficiently Ensure weekly meeting papers and monthly/quarterly management statistics are updated. Introduce efficiencies through new processes and ideas Ensure market guidelines are maintained Assist with departmental audits Report any compliance issues in a timely manner and ensure any procedural changes are updated and implemented. Assist with team related projects when required Review settlements procedures on an annual basis to ensure are fully up to date Person Specification Previous Trade and Investment Administration is essential for this role   Sound knowledge of the investment markets Good Communicator Time Management Flexible Motivated Personal Attributes Excellent Interpersonal Skills Ability to work to deadlines Ability to change priorities Generate new ideas If you have passion in the above area please contact Karen Kerr on 0131 550 1129 or e-mail your C.V to Eden Scott offers the services of an employment agency for permanent work and an employment business for temporary work. This position may be just one of numerous opportunities we are handling that you could have an interest in pursuing. If you have not been in touch with us before, please call on 0131 550 1100 or drop off a CV at and we will make sure that most relevant Consultant gets back to you as soon as possible.  Please note that we never send CVs anywhere without your prior consent.