Settlements – Debt US Market & Equity Corporate Broking recruitment

The role will primarily consist of covering the US Market Settlements responsibilities for MLI, BASL, BNCH, BNLN and MLPFS trading entities.Key

Responsibilities and skills:-• 
Oversight settlement of Government, Corporate, Commercial paper and other US instruments in local markets• 
Liaison with the trading desk, trades processing teams, internal settlements team, external clients and brokers, Control and reconciliation teams, funding and claims teams.• 
Providing an overview of daily fails and pre-matching reports within internal reporting systems• 
Review client account setups• 
Input of payments for coupons and interest claims• 
Physical settlement in DTC• 
Reconciliation of Nostro and Depot breaks• 
Point of contact for all Settlement queries for accounts and entities covered• 
Attention to detail and effective communication skills• 
Quick learner and good team player • 
Ability to demonstrate flexibility at all times and work under own initiative.• 
Clear communicator both written and verbal with both internal departments and external clients / counterparties• 
Settlement of Corporate broking trades including Option exercises, director dealings and buybacks.• 
Liaison with the Corporate Broking trading team, UK Settlements Team, UK Stock Loan team and Registrars.• 
Review of trading activity to prepare for the settlement of trades.• 
Review of documentation for Client/Employee and arrange for payment instructions to be set up when necessary.• 
Input of payments.• 
Physical settlement (stock deposits and stock withdrawals in CREST)• 
Reconciliation of Nostro and Depot breaks• 
Point of contact for all Settlement queries • 
Resolution of failing trades • 
Attention to detail and effective communication skills• 
Quick learner and good team player • 
Ability to demonstrate flexibility at all times and work under own initiative.• 
Clear communicator both written and verbal with both internal departments and external clients / counterparties

Requirements:
Experience within a similar operations / support role • 
A good level of understanding of US and UK settlements is preferable.• 
The role will involve meticulous attention to detail, and adherence to tight deadlines.• 
A flexible and hard-working approach is essential to making a success of the role