Settlements Manager

7 days left

02 Feb 2017
02 Mar 2017
Contract Type
Full Time

A new opportunity has become available at an International Financial Institution for a Settlements Manager.

Duties to include:

  • Trade confirmation are sent upon trade execution to each client
  • Pre match all security trades, liaising with clients regarding transaction settlements, as and when required
  • Ensure settlement of all trades - ownership confirmed efficiently and accurately
  • Settlement of trades; cleared - funds and financial products moved between buyer and seller
  • Collateral Management for Stock Borrow and Repo Transactions
  • Conversion management
  • Depot management and depot breaks
  • Fail management
  • Interest claims
  • Data management
  • Post settlement cover or point of escalation
  • Income (coupons/dividend) troubleshooting system problems
  • Corporate actions
  • Cash management
  • Manage the team and ensure that process and procedures are adhered to and supported by daily checklists and signed off
  • Ensure adherence to the Security Ops control framework including internal/external audit requests and the FCA reporting requirements
  • Be the first point of escalation for the team and internal, external stakeholders
  • Day to day management

The candidate will have:

  • Product knowledge - equities, bonds, cash
  • Relevant market knowledge
  • Experience with payments, cash management, trade confirmation, trade instruction, mismatch resolution and reconciliations
  • Experience with systems - SWIFT, Euclid