EUROPEAN EQUITY SETTLEMENT SERVICES ADMINISTRATOR, ASSET MANAGEMENT TO £30,000 PLUS EXCELLENT BENS, LONDON W1
Our client, a major Global Asset Management company are currently seeking a confident, articulate and hands-on candidate to join their Settlements Team processing European Equities (UK) and Asia/Emerging Markets. Reporting into the Settlement Services Manager you will be responsible for completing all of the following tasks in a timely manner:
- Pre-matching and Settlement of both Client and Market Side Transactions, Equities and FX
- Fails Management
- Funding
- Corporate Action Processing
- Claims Management – Interest and Dividend
- Segregation of Client Money
- Determine, request and book Stock Loans and fails Coverage New loans and Returns
- Monitoring and query investigation of cash and stock reconciliations (outsourced)
- STP Monitored and Actioned Daily
Accountabilities
- Pre-match and settle all transactions in a timely manner
- Settle all failed trades as soon as possible
- Create spreadsheet of funding requirements for settlement of all transactions
- Complete Stock & Cash Reconciliations on a daily basis, investigate and resolve any discrepancies on a daily basis
- Monitor, investigate and resolve Corporate Action issues on a daily basis
- Investigate or initiate, monitor and settle all claims in a timely manner
- Segregate all failed transactions on SD+3 under Client Money Rules
- Prepare all stock loan/return requirements and process on receipt of authorisation
- Monitor and action all STP exceptions relating to Settlements daily
- Liaise with Middle Office/Traders to investigate and resolve any unmatched or failed trades
- Maintain good working relationships with clients, brokers, clearing agents and all internal departments
Knowledge and Experience
- Industry experience specific to European Equity settlement (including UK) and Asia/Emerging markets
- Good team working skills
- Good understanding of systems and PC skills
- Good written and verbal communication skills
- Good analytical and problem solving skills
- Ability to work under pressure and to tight deadlines
