Equities Middle Office and Settlements

Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge : we work hard to find colleagues who'll think out of theordinaryand we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.As part of Treasury & Trading Operations, the Securities Operations team is comprised of 11 people, across 2 geographical locations, responsible for all post trade functions for the Equity Trading businesses of IBP and IEL. The team manage both Domestic and International settlements. They aim to achieve the maximum STP rate possible, whilst keeping costs low and providing the best possible service to the business and our clients.What will I be doing?The primary responsibility of this role is to administer the day-to-day operational functions throughout the complete Trade Lifecycle - Trade Capture, Trade verification, Trade confirmation and allocation, Trade matching and settlement, Bond Borrowing and post settlement of all Equities products traded by Listed Client Group trading desks for Investec Bank PLC and Investec Europe Limited.ResponsibilitiesFidessa-management of the Middle Office to ensure that confirmations are affirmed by clients from Fidessa via DTCC CTM in timely order.Maintaining checking both client and market trades within Rims system are matched in suitable time, minimising risk for desks re any queries.Assist with settlement of all transaction Crest, liaising with custodians and client's settlement departments accordingly.Settlement of all non-UK transactions, liaising with global custodians in France, Spain and respective client's settlement departments' accordingly.Euroclear settlement in firms own accounts.Monitoring all rejected swift settlement messages and correcting SDI information for accounts on a day-to-day basis and clearing / resolving accordingly.Arranging cross border deliveries of fungible stocks including breaking of Dual listed securities, ETF's and ADR's as required.Agree split and make up with market counterparties as required to maximise delivery.Monitoring and funding the daily cash balances with global custodians paying and withdrawing funds.Fidessa – data management of FDM to ensure all client and stock static data is up to date and correct.Assist and cover the monitoring of failing trades and potential buy ins and arranging borrow to cover accordingly for Crest / Euroclear or Global domestic settlement.Cover settlement and input of DBV to reduce funding requirement for settlement activity.Client & instrument static data maintenance. Using interactive data & alert.Complete various daily morning and EOD reports and reconciliations.Liaise with on-boarding, trading desk & clients re issues in the account opening process and setting up new parent and child accounts in Operational systems.Monitoring all bridges feeding into RIMS for any issues on a day-to-day basis and clearing / resolving accordingly.We are looking for individuals who bring a diligent approach to their work, with strong attention to detail and the ability to analyze and solve problems effectively. Experience in operational support within financial services or a similar environment is valuable. The ability to manage multiple priorities in a fast-paced setting, along with strong communication and relationship management skills, will help you succeed in this role. Familiarity with Excel and reconciliations is helpful, and a proactive mindset focused on process improvement and risk management is highly regarded.What are we looking for?Technical knowledgeKnowledge of Equity processes, Middle and Back officeProduct knowledge required: All Equities with specific ETF experienceSkillsAbility to perform in a pressurised environmentProblem solving and judgementDiligent approach to work, attention to detailIntermediate / Advanced Excel skillsReconciliationsAnalytical skillsProcess Improvement / Re-engineeringRelationship ManagementCommunication skillsRisk and Control ManagementSystem knowledgeFidessa, FIS-RIMS, Crest, Euroclear, BNP-Neo Link, Bloomberg, DTCC Platforms - CTM and Alert, TraianaAs part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.BenefitsWellbeingWellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental InsuranceMonetaryNon-contributory Pension & Discretionary BonusLife & Income ProtectionLife Assurance, Critical Illness & Income ProtectionTravelSeason Ticket Loan & Electric Vehicle SchemeEmbedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.Recite MeThe Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more. #J-18808-Ljbffr