Description
JOB TITLE: SETTLEMENTS ADMINISTRATOR
LOCATION: LIVERPOOL
DURATION: 6 months
A fantastic opportunity has arisen for a Settlements Administrator to work with a major Investment Banking client. This exciting opportunity is open to an individual that is looking for a contract opportunity for an initial 6 months.
THE ROLE
The Transaction Reporting & Transaction Tax team covers MiFIR Transaction Reporting and Transaction Taxes including SDRT, Stamp Duty, Financial Transaction Tax and PTM Levy. This role related to the Tax side of the team Processing of Stamp Duty Reserve Tax (SDRT), Stamp Duty, Financial Transaction Tax and PTM Levy.
Key tasks include:
. Verify stamp duty nominal balances between extract and Nexus to substantiate on a daily basis.
. Investigation and resolution of outstanding reconciliation differences.
. Creation of payments in line with HMRC/Revenue Commissioner deadlines.
. Investigation and preparation of SDRT/Stamp Duty reclaims.
. Processing of reclaimed SDRT/Stamp Duty funds.
. Production and submission of HMRC Accountable Date reports before 7th of each month.
. Account for stamp duty on rolling basis for unpaid Crest items (UK and Irish).
. Monitor of clients' inputs to ensure SDRT regulatory requirements are met.
. Processing of Euroclear SDRT reclaims.
. Review of clients' entitlements to exemptions
. Daily completion of French and Italian FTT reconciliation process.
. Communicating with clients in relation to FTT discrepancies.
. Monthly reporting and payment of French and Italian FTT.
. Answering Engage queries within required timescales.
. Maintenance of relevant procedure documentation.
. Provides quality client service (occasionally complex) and support to internal and external clients daily, including phone interaction, problem resolution in a timely manner.
KEY RESPONSIBILITIES
. Performs (sometimes complex) operational tasks in a product or functional area, including processing updates to client accounts or company records. Conducts independent analysis and policy interpretation.
. Executes all correspondent requisites in a timely and accurate manner with an understanding of the underlying business and specific client needs.
. Maintains correspondent accounts in accordance with applicable regulations and policies, ensuring regulatory compliance and minimising exposure related to assigned processing tasks.
. Accurately opens and updates accounts or company records.
. Provides product knowledge and technical assistance as necessary.
. Responsible for the quality and completion of own work.
ESSENTIAL SKILLS
. Understanding of Crest settlement desirable
. SDRT experience beneficial
. Experience in reconciliations and/or settlements desirable
. Experience in dealing with clients over the phone and written (email)
. Proven track record of delivering excellent client service
. Ability to adapt to change and use initiative to overcome challenges
. Must have intermediate knowledge of Microsoft Office products (specifically Word, Excel, Access, Outlook)
. 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*