Senior Manager, Trade Operations

4 weeks ago

London, Greater London, United Kingdom Close Brothers Group Full time

Job Title: Senior Manager, Trade Operations

About the Role:

As a Senior Manager, Trade Operations at Close Brothers Group, you will be responsible for overseeing all aspects of domestic and international settlement, ensuring efficient and accurate execution while maintaining compliance with regulatory requirements.

Key Responsibilities:


  2. Manage client and market settlement and custody for both domestic and international trading.
  3. Monitor and manage the firm’s risk exposure to incomplete trades that are past intended settlement and monitoring of settlement discipline inclusive of CSDR penalties & buy-in risk.
  4. Manage relationships with clients and market counterparts to ensure timely settlement and adherence to market developments & regulatory change.
  5. Ensure all client contract notes are produced in accordance with the regulatory timeframe.
  6. Implement, monitor, and enhance controls to mitigate risks related to settlement activities, including settlement discipline, interest claims, and buy-in management.
  7. Manage relationships with counterparties, banks, and other financial institutions to ensure smooth settlement operations.
  8. Manage, lead, and develop the Settlements team ensuring effective performance, compliance, and ongoing professional development. Ensure staff are up to date with the latest industry knowledge, tools, and regulatory changes.
  9. Identify, assess, manage, and report risks related to Settlements, implementing a comprehensive risk management framework.
  10. Implement process improvements, optimisations, and changes to enhance operational efficiency and compliance with the regulatory framework.
  11. Generate accurate and timely management information and reports to aid decision-making, including Key Risk Indicators and Key Performance Indicators. Develop mechanisms for data collection, analysis, and reporting to provide insightful management information.
  12. Maintain transparency and clear communication with senior management, providing insightful reports, updates, and escalation as appropriate.
  13. Focus on continuous improvement, identifying and acting upon opportunities to enhance compliance, efficiency, and client service in all Settlement-related activities.
  14. Manage incidents ensuring appropriate escalation where required, complete root cause analysis, and implement learning across people, process, and as appropriate.
  15. Ensure the Settlements policies, procedures, and controls are maintained with any change communicated effectively.

Requirements:

We are looking for an experienced professional with a strong background in Settlements and a working knowledge of the trading cycle as well as the ecosystem Close Brothers Group operates in within. You should have a good understanding of the Fund, International, and UK Market specifically the Custody Operations and the processing and settlement of equities, fixed income, closed and open-ended funds, structured products including pricing calculations and market charges.

In addition, you should have previous experience of payment processing via online banking systems, experience in CREST, Clearstream, and custodian platforms, bank processing, and AutoRek. A Mandatory Qualification: CISI Certificate in Investment Operations or equivalent is also required.

A strong communication and interpersonal skillset is essential, as is the ability to maintain a strong risk management and control framework throughout a significant market making or related department, inclusive of the ability to identify, assess, mitigate, and monitor risks and the offsetting controls.

A working knowledge of the regulatory frameworks and requirements that apply to the business, including the CASS rules when managing client’s money or assets, is also necessary.

What We Offer:

Close Brothers Group offers a competitive salary, inclusive of discretionary annual bonus and annual pay review, as well as a range of benefits including a Work Abroad Policy for up to 15 days per year, 25 days holiday plus bank holidays and additional well-being day, option to purchase an additional 5 days holiday per year, flexible working options, pension scheme up to 10% employer contribution, Sharesave scheme, Income Protection & Life insurance (4 x salary core level of cover), Private healthcare via BUPA, Employee Assistance Programme, and Discounted Gym Membership.

How to Apply:

We celebrate diversity, promote inclusivity, and are open to discuss flexible work options to help you balance your work and home life. If you are a motivated and experienced professional looking for a new challenge, please submit your application.

  • Senior Trading Operations Specialist

    2 weeks ago

    London, Greater London, United Kingdom Algo Capital Group Full time

    Algo Capital Group is seeking a highly skilled Senior Trading Operations Specialist to join our team. This 12-month rolling contract offers an estimated salary of $120,000 - $150,000 per annum.Job DescriptionAs a Senior Trading Operations Specialist, you will provide technical and operational support to ensure smooth trading activities. You will collaborate...

  • Senior Trading Operations Manager

    4 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    Job SummaryThe Head of Trading Operations and Oversight will lead the trading operations function, driving strategic planning, risk management, and process improvements. This role requires a strong track record in Trading or Investment Operations, with broad Client Operations experience gained from within a Global Asset Manager.Key...

  • Senior Trading Operations Specialist

    3 weeks ago

    London, Greater London, United Kingdom Ad Idem Consulting Full time

    At Ad Idem Consulting, we are seeking a skilled Senior Trading Operations Specialist to support our daily trading activities, including cash, positions, and trading reconciliations. This role requires someone with advanced programming skills in Python and/or Go, as well as experience in automated processes and SQL. The ideal candidate will have a degree or...

  • Senior Travel Operations Manager

    3 weeks ago

    London, Greater London, United Kingdom Travel Trade Recruitment Full time

    About the RoleWe are seeking a Senior Travel Operations Manager to join our team at Travel Trade Recruitment. As a key member of our team, you will be responsible for managing our travel prize operations, ensuring seamless delivery of projects, and providing leadership to your team.Key Responsibilities:Oversee the day-to-day management of the travel prize &...

  • Trade & Marketing Manager

    3 weeks ago

    London, Greater London, United Kingdom Travel Trade Recruitment Limited Full time

    Job Title: Trade & Marketing ManagerAbout the Role:As a Trade & Marketing Manager, you will be responsible for overseeing daily account management and spearheading marketing campaigns, trade events, and agent training. Your role will involve cultivating and maintaining relationships with clients and key trade partners in the travel industry.Key...

  • Senior Oil Trading Operations Expert

    4 weeks ago

    London, Greater London, United Kingdom Selby Jennings Full time

    **Senior Oil Trading Operations Specialist Opportunity**We are seeking a highly skilled Senior Oil Trading Operations Specialist to join our Front Office Trading Operations Department at a world-leading Oil & Energy Trading firm.Key Responsibilities:Provide expert advice on Oil Trading & Shipping Operations, with a focus on Oil Products and not just crude,...

  • Senior Trade Manager

    4 weeks ago

    London, Greater London, United Kingdom PRO-TAX RECRUITMENT LIMITED Full time

    Senior Trade ManagerAre you a seasoned trade professional looking to take your career to the next level? We have an exciting opportunity for a Senior Trade Manager to join our Global Trade Advisory team.Key Responsibilities:Manage diverse projects for high-profile clients, supporting exciting new business development opportunities;Provide stewardship to...

  • Senior Post-Trade Operations Manager

    4 weeks ago

    London, Greater London, United Kingdom G MASS Full time

    We are seeking a highly skilled Senior Post-Trade Operations Manager to join our team at G MASS, based in Central London. You will be working on a front-to-back optimisation review of the Rates business.This will be on a hybrid basis, with three days in the office. You will be responsible for:Reviewing middle office processes to produce a more optimised...

  • Trading Operations Specialist

    7 days ago

    London, Greater London, United Kingdom CV Screen Full time

    We are looking for a skilled Trading Operations Specialist to manage and support global trading initiatives at CV Screen. This role will involve interacting with senior industry leaders and experts, as well as providing critical support to the marketing team.Oversee the development of roadmaps for initiatives, ensuring projects are tracked and delivered...

  • Senior Manager of Post-Trade Operations

    4 weeks ago

    London, Greater London, United Kingdom G MASS Full time

    We are seeking a Senior Post-Trade Operations Manager to join G MASS, based in a global investment banking environment. You will be working on a front-to-back optimisation review of the Rates business.This will be on a hybrid basis, with three days in the office. The role involves reviewing middle office processes to produce a more optimised model, assessing...

  • Trading Operations Manager

    7 days ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    eFinancialCareers is seeking a highly experienced Trading Operations Manager to lead the trading oversight function.With a strong track record in Trading or Investment Operations, this individual will be responsible for defining the trading operation model and overseeing the migration of the trading platform.The ideal candidate will have demonstrable...

  • Trade Marketing Account Manager

    1 month ago

    London, Greater London, United Kingdom Travel Trade Recruitment Limited Full time

    Trade & Marketing Account ManagerWe're seeking a Trade and Marketing Executive to join our team who manage the trade, PR and marketing activity for a range of destinations and products.About the Role:With the support of the Trade and Marketing Manager, you will oversee daily account management and spearhead marketing campaigns, trade events and agent...

  • Manager of Trading Operations

    7 days ago

    London, Greater London, United Kingdom DRW Holdings, LLC. Full time

    Cryptoasset Operations Manager Job SummaryWe are seeking a highly skilled Cryptoasset Operations Manager to oversee the day-to-day operations of our cryptoasset trading business.Your responsibilities will include shaping and implementing strategies, policies, and procedures to efficiently manage the settlement of current and newly formed businesses.Key...

  • Senior Credit Trading Manager

    2 weeks ago

    London, Greater London, United Kingdom J.P. MORGAN Full time

    Job DescriptionWe are seeking a highly skilled Senior Credit Trading Manager to join our Electronic Global Credit desk in London. This role is ideal for individuals passionate about finance and eager to drive challenging goals within a trading floor environment.In this position, you will be instrumental in managing electronic Credit Trading Algorithms,...

  • Trade Marketing Account Manager

    1 month ago

    London, Greater London, United Kingdom Travel Trade Recruitment Limited Full time

    Are you a passionate marketer with a love for travel? We're seeking a Trade and Marketing Executive to join our team who manage the trade, PR and marketing activity for a range of destinations and products.About the Role:With the support of the Trade and Marketing Manager, you will oversee daily account management and spearhead marketing campaigns, trade...

  • Senior Trading Tools Manager

    3 days ago

    London, Greater London, United Kingdom DRW Full time

    As a Senior Trading Tools Manager at DRW, you'll play a critical role in enhancing our trading workflows and implementing best-in-class research and trading tools. You'll work closely with Data Engineers and Software Engineers to execute strategic plans and tactical needs, ensuring the team operates efficiently.To succeed in this role, you'll need experience...

  • Trade Operations Specialist

    4 weeks ago

    London, Greater London, United Kingdom Meredith Brown Associates Full time

    Join Meredith Brown Associates as a Trade Operations SpecialistResponsibilitiesOversee the timely and accurate implementation of client investments across various asset classes, ensuring seamless execution and reviewing trade instructions.Evaluate and input client trade confirmations, guaranteeing accuracy and efficiency.Proactively monitor trade...

  • Trade Operations Manager

    7 days ago

    London, Greater London, United Kingdom H2O Recruitment Services Full time

    Job Description: Trade Operations ManagerLocation: Whiteley, HampshireSalary: £55,000 - £65,000 per annumH2O Recruitment Services is seeking a highly skilled Trade Operations Manager to join our team. In this role, you will play a vital part in maintaining and enhancing profitable trading practices across the organization.Your key responsibilities will...

  • Senior Manager

    3 weeks ago

    London, Greater London, United Kingdom PRO-TAX RECRUITMENT LIMITED Full time

    Job Title: Customs & Trade Tax Senior ManagerJob Summary:This is an exciting opportunity to work in our market-leading Global Trade team. As a Senior Manager, you will be responsible for managing diverse projects for high-profile clients, supporting new business development opportunities, and providing stewardship to develop junior team members.About the...

  • Trade Operations Expert

    7 days ago

    London, Greater London, United Kingdom Mason Blake Full time

    About the OpportunityThis Trade Operations Expert role is a fantastic opportunity to work with a leading investments house and contribute to an exciting new project. You will be responsible for developing your skills in trade support and middle office functions, working closely with the Investment Support team.The ideal candidate will have a minimum of 5...