Trade Operations - Settlements

Role Overview

The role supports both pre- and post-trade processing for Equities and MTN.

This is an excellent opportunity for a settlement professional to take the next step in their career, gaining greater responsibility and ownership across all trade settlement activities.

KEY RESPONSIBILITIES

▸ Work closely with custodians to resolve and escalate settlement-related queries.

▸ Liaise with counterparties and prime brokers regarding unconfirmed or unsettled trades, escalating issues where necessary to ensure timely settlement.

▸ Complete daily reconciliations and end-of-day (EOD) checklist.

▸ Cross-train and support team members.

▸ Escalate urgent issues to the Group Head of Trade Operations.

▸ Build and maintain strong working relationships with Front Office, Risk, Compliance, Accounting and overseas offices (Tokyo, Hong Kong and Amsterdam).

▸ Assist with audits, regulatory filings, and operational due diligence processes.

▸ Manage the account opening process for securities with clients and their prime brokers.

▸ Maintain operational manuals to audit standard.

▸ Provide cover for other team members during holidays or rotations.

▸ Support ad hoc projects, e.g. system migrations/upgrades, SWIFT CSP attestation.

KEY SKILLS & EXPERIENCE

▸ Relevant experience in middle/back office within a securities broker or asset management environment.

▸ Strong understanding of the trade life cycle, settlement processes and reconciliation (cash and positions).

▸ Knowledge of market regulations and settlement procedures.

▸ Exceptional attention to detail, reliability and ownership of deliverables.

▸ Comfortable managing relationships with multiple counterparties.

▸ Strong written and verbal communication skills.

▸ Ability to work accurately under pressure.

▸ Basic knowledge of Japanese (written, reading and spoken) would be beneficial but is not essential.

SYSTEMS KNOWLEDGE

Gloss, Blast, CTM, Alert, SWIFT, CitiVelocity, CitiDirect, Easyway, Bloomberg