Settlements & Operations – Senior Associate / Vice President recruitment
Being part of a core team, this role has overall responsibility for international securities settlements and operations, trade input, counterparty and client settlements, account reconciliation, client regulated reporting, FSA transactions reporting. Key responsibilities:
- Ensuring the streamlined settlement of all types of international securities, debt, equity and derivative instruments.
- Maintenance of all static settlement data in the system, including client, counterparty and security data.
- Preparation and sending of trade confirmations to the counterparties and clients
- Resolution of failed trades and trade discrepancies.
- Handling the client regulatory reporting and FSA transaction reporting
- Management and reconciliation of the securities nostro and suspense accounts and tracking the client and company accounts balance to prevent any shortfall of funds.
- Applying the client account opening procedures in liaison with the Sales and Compliance Departments
- Developing a filing system for the company, client and counterparty documents, ensuring that data maintained on behalf of clients and counterparties is up to date and adequate records are maintained.
- Ensuring that internal rules and procedures are adhered to and in strict compliance with the regulatory rules on an ongoing basis
- Participate in the long-term development of operational practices, tools and settlement systems within the Group on an ongoing basis.
Skills, Experience and Qualification
- Good and detailed knowledge of investment instruments
- Minimum 3 years industry and settlements experience
- Detailed knowledge of the Operation and Confirmation procedures for both UK and overseas securities markets
- Ability to communicate at all levels
- Computer literate with Microsoft Office and advanced level of Excel is required
- Securities Institute – IAQ Qualification and / or an accounting qualification
- Knowledge of SWIFT
- Goal driven with a desire to succeed
- Knowledge of Misys Opics Plus or similar system
- Fluent Turkish would be a plus
March 31, 2010
• Tags: Operations careers in the UK, Senior Associate, Settlements & Operations, Vice President recruitment • Posted in: Financial