Controls Clerk

Job type:
on-site
Start:
ASAP
Duration:
3 months
From:
Hudson Banking & Finance
Place:
London
Date:
09/26/2012
Country:
flag_no United Kingdom
project ID:
425656

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Controls Clerk - Settlements - Contract - London - up to £25 per hour

Hudson Banking & Finance are looking to recruit a controls clerk to work for a leading investment bank. This is an urgent hire for the client.

The job will involve;

Job Description

The Brokerage Controls clerk is required to maintain give up & give in execution fees primarily on the ICE (oil) & LIFFE (softs) exchanges & will be responsible for:

*Daily give up/Give in execution reconciliations - Ubix to Exchange (ICE/LIFFE)
*Daily contact with clearing & executing brokers regarding the payment & collection of brokerage invoices
*Reconciliation of executing brokers invoices - payable by BNP Paribas (Give in Brokerage)
*Daily trade allocation & preparation of clearing broker invoices throughout the month - payable to (Give up brokerage)
*Maintaining debtors (Give Ups) & Brokerage Payable (Give Ins) ledgers.
*Preparation of monthly reports & month end reporting
*Preparing monthly invoice runs in Ubix & working closely with CFL Ubix Support (IT)
*Getting involved in the proposed Sungard upgrade to include EGUS/EGAINS & Stream brokerage

Experience Required

The candidate will also need to have extensive experience in the following:

*ICE, Liffe & Matif cleared/executed products
*Have managed give up & give in execution on these products with the possibility of expanding on this product base
*Have used Ubix for the administration & account aspect of the above
*Have an existing knowledge of the various brokerage contacts executing on these exchanges
*Have knowledge of eGains & eGUS
*Have experience in system migrations (Sungard Stream brokerage)
*Have experience of working as a team with Business Analysts for system upgrades/patches
The candidate will also be required to take on extra responsibilities with other exchange & nostro reconciliations as & when required.

Also the candidate will be responsible for other non-brokerage rolls.

These are:

*Physical warrants reconciliation
*Client Audit confirmations
*Archive maintenance

To apply please send your CV quoting reference number UK672535.

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