Settlements Specialist

4 weeks ago


Belfast, United Kingdom TP ICAP Full time
Role Overview

The Settlements team plays a crucial role in supporting Fixed Income and Cash Equity broking desks in EMEA locations. Their primary responsibility is to ensure timely and accurate matching of trades within a controlled environment. This involves settling principal bond, equity, and money market instruments trades via Euroclear or in local domestic markets using an agent bank network.

Key Responsibilities
  1. Timely matching of trades and resolution of any exceptions same day
  2. Validation of front office amendments/cancellations where necessary
  3. Provision of first-line support to brokers for any settlements queries
  4. Escalation of any issues to management
  5. Collaboration with peripheral teams to ensure data accuracy
  6. Daily review of cross-desk trading to ensure a flat book and escalation of any residual balances
  7. Maintaining and clearing exception queues in a timely and efficient manner
  8. Daily reconciliations and resolution of exceptions
  9. Support on relevant projects under the direction of the Manager
  10. Implementation of changes within the Settlements function to meet regulatory and business requirements
  11. Support for internal or external audits as required
  12. Technical developments, including UAT and post-release support
Requirements

Essential:

  • Excellent attention to detail and high organisational skills
  • Strong analytical ability and problem-solving skills
  • Ability to work effectively in a high-pressure environment
  • Effective written and oral communication skills
  • Comfortable working in fast-paced or pressured environments
  • Skilled in Microsoft applications software

Desired:

  • Knowledge of financial markets
  • Previous experience in a similar organisation


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