Address
Form of work
SalaryA brokerage house in the City wish to recruit within the trade settlements team, the main role objective will be the processing of a wide variety of different security related transactions as well as being actively involved in the performance of day-to-day ad-hoc tasks.
Main Duties
Processing trade tickets from various in-house systems into third-party systems such as HSBCNet, CTM & CREST Trade settlement and lifecycle event processing including but not limited to cash events, corporate actions, maturities and claims Liaising with counterparts/clients to ensure timely settlement of trades and associated money movements
Working closely with third party providers - Pershing, HSBC and CREST - to ensure timely processing of trades and associated cash movements Accurate and timely Intra-day and post settlement stock/position and cash reconciliation to meet internal requirements, client money and CASS obligations
Preparation, running and distribution of various reports on a daily, weekly and monthly basis. Active involvement in process development and improvement
General administrative duties normally covered by the Central Services Department, including maintenance of required static data
Experience Required
Knowledge of global securities trade settlement - CREST/Euroclear/Fedwire and DTCC
Competent knowledge of the trade and transaction lifecycle of a variety of financial instruments
Maintains high levels of accuracy and attention to detail
The ability to work under pressure and multi task Strong communication, interpersonal and team playing skills
