Settlements Specialist

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    £200 - £250 per annum

  • Contact:

    Bethany Singer

  • Contact email:


  • Job ref:


  • Published:

    3 months ago

My Client, a very well established investment firm, based in the West End are looking for a Settlements Specialist to join their rapidly expanding business. Successful candidates must have a background in Settlements, have a thorough understanding of Global Equity Settlements and a familiarity with derivatives.

As a Settlements Specialist you will be responsible for:

  • Setting up cash instructions or releasing cash payments, ensuring appropriate documentation contains necessary authorisation
  • Day to day responsibility for managing any trade fails and cash breaks as well as processing and managing daily equity trade flows
  • Ensuring trades are settled in a timely manner and escalate where appropriate
  • Understanding and processing of Corporate Action/ Corporate Governance notifications
  • Liaise with external parties to rectify any cash movement issues
  • Monthly stock reconciliations
  • Weekly cash flow forecast reporting
  • Daily cash management

As a Settlements Specialist you will need:

  • Ideally, familiarity with derivatives covering OTC Call/ Put Equity/ Currency/ options, Index options, Futures trades including margining
  • Must have strong FX knowledge and experience
  • Must have thorough understanding of Global Equity Settlements in preferably all for the following markets: US, Europe, Asia, Brazil & UK
  • Forward and spot FX settlement experience
  • Experience of/exposure to investments, with a strong interest in developing that knowledge
  • Have strong Excel skills, ability to use v-lookup/ Pivot tables
  • Good communicator who raises issues promptly to the team

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