Senior Cash Settlement Officer

Meraki Talent Limited
Edinburgh Technopole
11 Jan 2018
12 Feb 2018
Contract Type
Full Time

Meraki Talent are currently recruiting on behalf of market leading financial technology firm for a variety of roles within their investment operations department.

The company is going through a period of growth due to recent business wins and they are keen to hire driven individuals to join their journey. They are not looking for people who want a standard 9-5 routine, they want people who are committed to carving out a successful career in the industry.

As well as offering a competitive basic salary, the company can offer rapid career progression for the right individuals along with a relaxed dress code.

The Senior Cash Settlement Officer is responsible for settling trades from external fund managers and clients. Ensuring that all funds are transferred to Client accounts in a timely manner.

Some of the duties of the Senior Cash Settlement Officer:

  • To settle all trades rebates or distributions in an accurate and timely manner.
  • Ensure client funds are repatriated to clients on a daily basis.
  • Ensure that all debtor and creditor positions are chased and accurate.
  • Generate and monitor FSA Client Money Calculations
  • Manage and maintain the open items for each client to ensure that control accounts are cleared down daily.
  • Support the daily management and development of the team.
  • Take responsibility of the overall control and oversight of the team, to ensure that tasks are complete on time, and that the relevant controls are carried out daily.
  • Monitor and complete payroll with regards to drawdown payments on clients that we own this process for.
  • Ensure that work is delegated among the team to allow for all tasks to be complete on time and accurately.
  • Conduct 1-to-1 coaching with team members in order to ensure continuous development of individuals and the team as a whole.
  • Provide support and advice with regards to more complex issues.

The background of the Senior Cash Settlements Officer:

  • Previous experience of Cash Settlements in an investment operations environment
  • IOC qualified or working towards
  • Have the ability to work to tight deadlines