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Settlements Specialist

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:

    Permanent

  • Salary:

    £45000 - £50000 per annum

  • Contact:

    Scott Duerden

  • Job ref:

    SDRI01_1563442705

  • Published:

    about 1 month ago

West End based Asset Manager are looking to hire a Settlements Specialist. This is a permanent position within the Treasury & Settlements team. Primary function is to work alongside Treasury Administrator in ensuring accurate execution of cash movements and monitoring of cash balances.

Duties & Responsibilities will include;

  • 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

  • Ensure trades are settled in a timely manner and escalate where appropriate
  • Ideally, familiarity with derivatives covering OTC Call/ Put Equity/ Currency/ options, Index options, Futures trades including margining
  • Must have strong FX knowledge and experience
  • Understanding and processing of Corporate Action/ Corporate Governance notifications
  • Liaise with BNP Paribas to rectify any cash movement issues
  • Monthly stock reconciliations
  • Weekly cash flow forecast reporting
  • Daily cash management
  • Assist wider finance team

Skills/Attributes Required

  • 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
  • Excellent attention to detail is a must for this role and well organised
  • 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

What we are looking for

Must have a background in Settlements, ideally Treasury and Settlements. A highly competent individual with good attention to detail who would enjoy being a member of a small team. The individual will be a team player who will produce work that is consistently of high quality, timely and accurate.

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