Settlements Clerk

Fixed Term Contract Duration - 2 Months

About the Business

Quilter Cheviot has a heritage that dates back to 1771. As one of the UK's largest discretionary investment management firms, Quilter Cheviot has managed bespoke investment portfolios for individuals and families for generations. Quilter Cheviot is focused on helping their clients invest for a lifetime of opportunities and challenges.

Quilter Cheviot is part of Quilter, a leading provider of advice, investments and wealth management both in the UK and internationally, managing over £114.9 billion of investments on behalf of over 900,000 customers (as at March 2019). Quilter plc, our group holding company, is listed on the London and Johannesburg stock exchanges.

About the Role

Level: 1
Department: Operations
Location: London (Hybrid)
Contract: 3 month FTC

The ideal candidate will be detail-oriented, analytical, and capable of working effectively within a high-volume, deadline-driven environment. Strong communication skills and the ability to collaborate across teams and with external stakeholders are essential.

Responsibilities:

• Monitor CREST checking and failed trade reports; investigate and resolve settlement exceptions, liaising with market participants as required.
• Administer subscriptions and redemptions for directly held Unit Trusts, including Cofunds, Allfunds, and FundSettle activity, and manage associated upfront payments.
• Perform MiFID II transaction reporting reconciliations, investigating rejected reports, and re-reporting where necessary.
• Resolve international settlement queries, including those relating to foreign exchange transactions.
• Process trade amendments and manage the team mailbox efficiently.
• Identify, analyse, and resolve operational errors in collaboration with relevant internal teams.
• Investigate and resolve reconciliation breaks and update internal exception logs.
• Ensure adherence to CASS rules and support audit and compliance requirements.

About You

We seek a collaborative and resilient individual who delivers optimal outcomes, applies sound expertise, and demonstrates curiosity, strong communication and a commitment to continuous improvement.

Key Skills and Experience:

• Strong understanding of the trade lifecycle and settlement processes.
• Proven analytical and problem-solving capability.
• Proficiency in Microsoft Office applications, with a focus on MS Excel.
• Experience with industry systems (e.g. Figaro, CREST GUI, BNY Nexen, BNP Neolink & Centric, Citi Velocity, OLIS, Aegon, All Funds, NT Passport, UnaVista) is advantageous.
• Excellent organisational skills with the ability to manage competing priorities under time pressure
• Clear and professional communication skills, both written and verbal.

#LI-VS1 #QC

Inclusion & Diversity

We value diversity and strive to promote inclusivity in all aspects of our culture. We believe in equal opportunities for all, ensuring that no applicant encounters less favourable treatment based on anything but their skills, qualifications, experience, and potential. We celebrate the unique contributions of a diverse workforce and create a respectful, nurturing environment where every colleague can thrive.

Values

Do the right thing: We act with integrity and are proudly committed to going above and beyond in service of our clients and the support we provide our communities.
Always curious: We continuously seek new ideas and knowledge so we're one step ahead of our clients' needs. We look for inspiration everywhere and encourage experimentation, recognising that this is how we create brilliant solutions for brighter futures.
Embrace challenge: We aim high to transform our potential into meaningful outcomes. With ambition as our driving force and a steadfast commitment to growth, we succeed for the good of every generation.
Stronger together : Combining our diverse talents, we accomplish more collectively than we ever could do alone. We speak openly, actively listen, and support each other, and constructively challenge and embrace new ideas. We seek empowerment and demonstrate ownership and trust, with the confidence to make impactful decisions.

Core Benefits

Holiday: 182 hours (26 days)

Quilter Incentive Scheme: All employees are eligible to participate in incentive scheme, to incentivise business performance and their contribution.

Pension Scheme: A non-contributory company pension scheme that can be boosted through personal contributions.

Healthcare Cash Plan: Jersey employees only.

Benefit Allowance: A cash benefit allowance is payable in lieu of some of our core benefits.

In addition to our core benefits, we offer a range of flexible benefits to UK employees that you can choose from and pay for conveniently via a salary deduction.