Settlements Administrator

Settlement Administrator

**Hours**: 12-18 hours (preferably Tuesdays and Wednesdays to be working days)

**Wage** : £24,000 salary minimum (pro-rata equivalent for hours worked based on 35 hour full time equivalent) - negotiable based on experience

Applications will be taken until 15th of October with Interviews to then follow shortly after.

**Job Purpose**: To oversee all back-office administration work, ensuring that bank accounts are reconciled, stock accounts are reconciled, settlements are managed in a timely manner and client accounts updated correctly from any corporate actions or dividends.

**Job Duties**:
To include the following:

- create cash payments to clients at their request;
- bank client and company cheques and arrange for petty cash for the company as and when needed;
- reconcile and post dividends as they are received ensure all cash received is reported to investment managers and all corporate actions results reported;
- ensure transfers in and out are recorded and performed in a timely manner;
- book trades to client accounts and ensure market settlement occurs on time with monies being taken/paid to clients as appropriate and sent out to any relevant third parties;
- set up files for corporate actions, ensures elections are made prior to deadlines, and in turn updates client accounts with any new stock or cash from these events;
- daily reconciliation of client money;
- set up new client accounts and bank accounts;
- support the auditors in their annual review of accounts and systems;
- improve procedures and processes on an ongoing basis;
- improve systems knowledge and scope and strive for best practice at all times; and
- carry out such other duties as may be required from time to time.

**Skills/Qualifications**:

- Required: GCSE Maths and English, Grade C or above
- Desirable:

- flexibility of hours/days - willingness to increase work hours potentially over time or to cover colleagues absence;
- advancement via professional exams;
- Necessary: comfortable with Microsoft Office -Excel, Word and Outlook

**Job Type**: Part-time

Pay: From £24,000.00 per year

Expected hours: 12 - 18 per week

**Benefits**:

- Company pension

Work Location: In person