Financial Settlements Specialist

3 weeks ago


London, Greater London, United Kingdom Tradition Full time

At Tradition, we are seeking a highly skilled Settlements Analyst to join our team in London. As a key member of our Operations team, you will play a crucial role in ensuring the smooth settlement of Fixed Income Products across various markets.



Main Responsibilities:


  • Responsible for the settlement of Fixed Income Products, including managing settlement markets in France, Germany, and Euroclear, as well as other T2S settlement locations.
  • Identify and resolve trade matching exceptions, collaborating with front office brokers, client personnel, and settlement agents as needed.
  • Manage securities holdings, ensuring partial settlement is offered to minimize daily overdraft risks and maintain liquidity at settlement agents.
  • Oversee fails management, ensuring failing trades are addressed and escalated to relevant parties.
  • Perform BUY-INs, adhering to regulation rules, such as FINRA and ICMA.
  • Monitor the group inbox and set up Fixed Income products, new clients, new desks, and brokers within our in-house system.


Key Skills and Experience:


  • Fixed Income product knowledge is beneficial but not essential.
  • Experience within an Operations team.
  • Understanding of settlement deadlines across relevant markets.
  • Problem-solving and lateral thinking skills.
  • Excellent communication and adaptability.
  • Able to work under pressure and meet multiple deadlines.
  • Understanding of settlement disciplines as part of CSDR.
  • Proficiency in Microsoft Office, particularly Excel and Outlook.


Tradition welcomes all suitable applications and is an equal opportunity employer who values diversity. All employment decisions are based on qualifications and merit.



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