FUND ADMINISTRATOR, FX SETTLEMENTS recruitment
Description:
A leading Edinburgh based Investment company is currently seeking a Fund Administrator to join their team, initially on a fixed term contract. The successful individual will assist the Assistant Manager in the delivery of Investment Administration services to assigned clients, in particular trade processing, trade and FX/MM matching and settlement, security reconciliations and standing data maintenance, all within agreed quality, timing and output targets.
Core Responsibilities:
- Ensure Deposit Confirmation and Matching process is carried out in line with Operating Procedures and published deadlines.
- Ensure Deposit Tickets are maintained filed archived in order.
- Ensure Maturing Deposits are correctly booked to internal systems and pre funded to Custodians / Prime Brokers.
- Manual instruction of Taiwanese Instructions to Custodians in line with Operating Guidelines and Procedures.
- Authorisation of Taiwanese FXs.
- Ensure log of Taiwanese pre funding trades is maintained and managed appropriately to agreed service definitions.
- Ensure FX / MM Reports are reviewed and actioned in line with Operating Procedures.
- Ensure appropriate review and authorisation of restricted currency deals and custodian executed FXs.
- Review and Appropriate Management of Exception Management Folders queue within FX
- Matching Architecture including appropriate chasing and escalation on mismatching items to agreed Custodian / Prime Broker deadlines.
- Processing of MT300 / MT304s from inbound swift messages ensuring Static Data is maintained and Straight Through Processing Rates.
- Ensure MT300 and MT304s are sent for FX instructions as appropriate.
- Investigation of non-receipts of funds on foreign exchanges from Counterparties.
- Resolution of cash differences on FX payments with Custodians/prime brokers and FX counterparties.
- Resolution of confirmation queries with Counterparties.
- Review possible interest claims with market counterparties / custodians.
- Preparation of appropriate claim / error documentation for review by Line Management
Core Requirements:
- Educated to Higher (or equivalent) level or beyond with a minimum of 2 Highers (preferably including Maths and English)
- A minimum of 1 year’s industry experience.
Core-Asset Consulting offer specialist recruitment services to the Investment Banking, Financial Services, Secretarial Support, and Human Resources markets across Scotland.
"People are the core asset of every business"
August 12, 2012
• Tags: Accounting & Finance careers in the UK, Fund Administrator, FX SETTLEMENTS recruitment • Posted in: Financial