Description
Senior Settlements Administrator
Start Date: ASAP
Initial Period: 12- 18 Months
Location: London
Rate: £Competitive PWD
The Company
My client is one of Europe's largest asset managers and a major global investor. We work with a wide range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors
Throughout the past 40 years we have built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions. We provide investment expertise across the full spectrum of asset classes including Fixed Income, equities, commercial property and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.
About the Role:
The principal function of the Trade Processing and Settlements Team is to support my clients global trading activity covering the settlement of all Securities, Repos, Foreign Exchange and Money Market Deposits as well as any new or additional instruments that my client look to support.
Trading must be processed effectively within principal systems throughout the trade life cycle, in line with market and regulatory standards, providing robust support to the business areas based on service level agreements.
As the diversity and base of the business rapidly change in support of the international expansion, the focus of the function is on achieving results coupled with need to stay focused whilst continually recognising and adapting to changing conditions.
You will be Responsible for;
- To proactively process and support the settlement of all Securities, Repos, Foreign Exchange, Money Market Deposits as well as a range of other instruments
- To be analytical and pro-active towards improving procedures/processes within the Trade Processing and Settlements environment, recommending and implementing, any required changes to either processes or system capability.
- Contribute to the promotion of effective Trade Processing and Settlement function to support all my client market traded instruments/products.
- To be flexible in attitude towards day to day processes and issues. Additionally proactive attitude towards market practices and the ever changing requirements of the business.
- Ensure all external market deadlines are met by pro-actively monitoring all queues and ensuring that all confirmations and settlements have been processed accurately and timely, ensuring minimal risk to my client
- Effective escalation of all trade processing and settlement issues. Ensuring administrators comply with all procedures and processes.
- Releasing authenticated instructions to the external parties to ensure all transactions automated or manual, acting as an authorised representative of the company within prescribed limits.
- Ensure that all internal deadlines are met and liaise effectively with other Operational teams, IT teams, the Global Trading Team, Custodians and Brokers on any trade processing or settlement issues.
- Work collaboratively with peers in Chicago and Hong Kong Operations teams
- Undertake special project work including support and implementation of future systems developments as directed.
- Be flexible in learning other aspects of work within the Trade Processing team, to assist and cover if necessary
- Prompt investigation and resolution of Queries, Interest claims and overdraft costs directly relating to Trade Processing and Settlement activity
- To support the Supervisor on a daily basis with workload and assigned tasks
- To act as a 'go to' point of contact for junior team members
- Provide SME support in relation to projects, new instruments, new processes and testing
- Coverage for the supervisor in the event of sickness or absence
About You;
- SME level knowledge of Investment Management.
- SME level and experience of the Trade Processing or Settlements process, with regards to Securities, Repos, Foreign Exchange, Money Market Deposits
- SME level knowledge of systems associated with the confirmation life cycle (Trade Processing)
- SME level knowledge of world markets (Settlements)
- SME level knowledge of SWIFT, with knowledge of Quasar a distinct advantage
TO APPLY - PLEASE REPLY WITH AN UP TO DATE CV
Candidates will ideally show evidence of the above in their CV in order to be considered.
Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.
Pontoon is an employment consultancy and operates as an equal opportunities employer.