Senior Associate - Cash Equity settlement

Primary responsibilities of the team includes:

Settlement of Security transactions and associated products in a timely and cost effective manner

Timely investigation of nostro and depot breaks

Collectively working towards mitigation of operational and reputational risk by escalating in a timely and efficient manner

Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades

Responsibilities

Direct Responsibilities

Responsible for the settlement of Security transactions associated products booked in Calypso, on a timely and cost effective basis by:

• Ensuring all trades are instructed, matched settled on a timely basis
• Sufficient additional priority given to failing trades / Aged trades
• Working to reduce fails and/or potential fails by means of pairing off or partialing down deliveries
• Minimizing fails by means of partial deliveries where possible
• Pre-matching trades in a daily basis
• Ensure sufficient intimation is sent to Cash Management team to manage funding for trades

Contributing Responsibilities

• Contribute to the overall successful running of the settlement department:
• By maintaining close relationships with all stake holders escalating problems to relevant teams promptly where when required
• By maintaining good working relationships with domestic agents and custodians
• By communicating with, and assisting, other operational departments where needed Contribute to the minimisation of settlement costs operational risk:
• By becoming more risk aware and by following the procedures or Compliance rules that are in place to mitigate operational or reputational risk
• Take swift actions in case of potential market risks (buyins, corporate actions, etc)
• Using the available escalation matrix when operational risk is detected
• Ensuring direct Managers are kept informed of any potential problems issues where appropriate.

• Ability to analyze, organize and report efficiently
• Flexibility on working methods and changing international environment
• Rigorous and reactive in order to face pressure and reach excellence anytime
• Diligently follow the set procedures and Compliance policies
• Knowledge of financial markets and products, and easiness/expertise in dealing with Excel.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Adaptability

Client focused

Decision Making

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Ability to develop and leverage networks

Choose an item.

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications