Securities Operations Intern recruitment
JOB TITLE: Intern – Securities Operations
MAIN RESPONSIBILITIES:
The Newedge Securities Settlement department is responsible for servicing two specific types of business for Newedge, Newedge’s Prime Brokerage Custody Operations, and the Newedge European desks Equity Clearing Fixed Income/Repo business.
The department is responsible for the following:
• Post execution process of Equities Fixed Income Trade Flow
• Pre-matching, Monitoring and Resolution of all failed trades related to Brokerage, Custody, On-exchange, back-to-back trading for Newedge clients
• Reconciliation of agent positions to Newedge on a daily basis
• Funding of failed trades with agent ensuring that no overdraft costs are incurred
ESSENTIAL SKILLS EXPERIENCE
No previous banking experience is required for this role
Responsible Employee who takes ownership and demonstrates a “Can-Do” attitude in their daily role
Individual who takes pride in their work and who is able to express themselves in a clear and concise manner
Be a team player - hard working ethic who can build relationships with internal and external clients
Individual who has the ability to think out of the box and contribute to continual business process improvement
Newedge is a leading force in global multi-asset brokerage with a world-leading position in the execution and clearing of listed derivative products. Newedge offers access to more than 85 markets and has a presence in 23 locations across 17 countries.
Newedge offers a full range of execution and clearing services covering options and futures contracts for financial products and commodities, as well as for money market instruments, bonds, FX, equities and commodities on OTC markets. Newedge also provides a range of value added services including prime brokerage, asset financing, electronic trading and order routing, cross margining, and the centralized reporting of client portfolios.
Supported by two top tier rated shareholders, Société Générale and Crédit Agricole CIB, Newedge is independently run and regulated.
Newedge is an equal opportunity employer. For more information about Newedge, visit www.newedge.com.