Description
Trade Confirmation Settlement Analyst Asset Managment Edinburgh
My client is a leading asset managmeent orgnasiation. They require a trade settlemtns analyst on a 12 month interim basis.
Role Overview:
Trade Ops is responsible for the post execution process of Confirmation and Settlement and related supporting functions including Claims and Class Actions oversight.
Primarily responsible for supporting the accurate & timely confirmation & settlement of those trades and payments executed by Portfolio Management globally.
You will be part of the broader Global Trade Operations team and provide support to other locations as necessary. A key part of the function is maintaining a good working relationship with all counterparties, providers, and internal clients.
You will complete these activities in accordance with global best practices and through the application of internal controls, operational processes and procedures as notified to you. You will ensure that your Team Leader/Manager is notified of all material service issues/risk items on a timely basis and work to resolve these as a matter of priority. You will maintain an effective working relationship with fellow team members, other departments, custodian banks and third party service providers.
Responsibilities:
- Monitor status of executed trades for various securities, cash & derivative instruments to ensure timely confirmation in line with standards.
- Monitor trade activity to identify unmatched & failing trades & payments and take necessary action to prevent/resolve all failing transactions and minimise settlement risk.
- Escalate all material risk items (such as large fails/confirmation issues) and service issues to your Team Leader on a timely basis.
- Support the team with any required record keeping, information gathering & reporting.
- Responsibility for fielding day-to-day queries along with inquiries from internal groups, problem solving or directing inquiries where appropriate, while providing high quality client service externally and internally.
- Liaise with brokers and custodian banks to resolve issues.
- Ability to meet strict deadlines, function effectively and prioritise multiple tasks simultaneously in a fast paced environment with excellent attention to detail.
- Support colleagues in a regional and globalised team environment
- Participate and assist in local, regional, and global initiatives
- Assist in the generation and distribution of statistics relating to trade volume, confirmation & fail activity.
- Provide constructive and insightful feedback in relation to counterparty performance for regular reviews
- Ensure deliverables are accurate and competently prepared and completed on time
- Willingness to learn the client & investment life cycle.
- Willingness to learn equity, Fixed Income, foreign exchange & other cash, security & derivative based instruments & market practice for confirmation & settlement.
- Possess a positive can do' attitude and methodical yet flexible approach to change whilst taking pride in ownership until completion/resolution.
- Proactively learn systems and the processes behind the theory of what they are completing and display proficiency in those core systems to efficiently solve problems and queries.
- Display confidence in providing solutions to open items or when addressing potential opportunities for process efficiencies
- Take responsibility for completion of tasks and projects from inception to completion on both a daily and ad hoc time scale
- Demonstrate excellent communication and interpersonal skills when dealing with global contacts
- Time management and prioritisation skills
- Display a proactive and aspirational attitude to building a career in the investment management industry
- Maintain competence for role through on going participation in training initiatives.