At a Glance
- Tasks: Manage daily Fixed Income trade settlements and resolve discrepancies efficiently.
- Company: Join a leading investment bank known for its dynamic operations team.
- Benefits: Enjoy opportunities for process improvements and potential remote work options.
- Why this job: Be part of a crucial role that enhances operational efficiency and client satisfaction.
- Qualifications: Experience in Fixed Income settlements and strong analytical skills are essential.
- Other info: Ideal for proactive individuals who thrive under pressure and seek continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
An Investment bank is looking to hire a proactive and detail oriented Fixed Income Settlements Analyst to join their Operations team. This is a key role supporting the end to end Fixed Income trade lifecycle, with a strong focus on ensuring accurate and timely settlement, resolving trade discrepancies, and engaging with key internal and external stakeholders.
Key Responsibilities
- Manage day to day Fixed Income trade settlements across various markets and instruments.
- Investigate and resolve unmatched trades, settlement discrepancies, and breaks in a timely manner.
- Liaise closely with clients, counterparties, custodians, and internal teams (Sales & Trading, Middle Office, Compliance) to ensure smooth settlement operations.
- Perform daily nostro and depot reconciliations and escalate discrepancies promptly.
- Respond to client queries and internal inquiries, delivering high quality service and support.
- Contribute to process improvements and automation initiatives to enhance operational efficiency.
- Support ad hoc requests and reporting requirements as directed by management.
Key Requirements
- Proven experience in Fixed Income settlements or operations within a financial institution or investment bank.
- Strong analytical skills with the ability to identify root causes of issues and resolve them independently.
- Excellent communication and interpersonal skills for effective collaboration with stakeholders across all levels.
- Ability to operate with a high level of accuracy under pressure and manage competing deadlines.
- Strong organisational and time management skills with attention to detail.
- A proactive, client focused mindset with a commitment to continuous improvement.
Contact Detail:
Morgan McKinley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fixed Income Settlements Analyst
✨Tip Number 1
Familiarise yourself with the Fixed Income trade lifecycle. Understanding each stage will help you demonstrate your knowledge during interviews and show that you're proactive about the role.
✨Tip Number 2
Network with professionals in the investment banking sector, especially those involved in settlements. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your analytical skills by practising problem-solving scenarios related to trade discrepancies. Being able to showcase your ability to resolve issues will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with client interactions and how you've handled queries in the past. Highlighting your communication skills will be crucial for this role.
We think you need these skills to ace Fixed Income Settlements Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Fixed Income settlements or operations. Use specific examples that demonstrate your analytical skills and attention to detail, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention how your proactive mindset and commitment to continuous improvement align with the company's values and the responsibilities of the role.
Highlight Relevant Skills: Emphasise your strong communication and interpersonal skills in your application. Provide examples of how you've successfully collaborated with stakeholders in previous roles, as this is key for the Fixed Income Settlements Analyst position.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A well-presented application reflects your attention to detail, which is essential for the role you are applying for.
How to prepare for a job interview at Morgan McKinley
✨Showcase Your Analytical Skills
Be prepared to discuss specific examples where you've identified and resolved issues in previous roles. Highlight your ability to analyse data and pinpoint root causes, as this is crucial for a Fixed Income Settlements Analyst.
✨Demonstrate Your Communication Skills
Since the role involves liaising with various stakeholders, practice articulating your thoughts clearly. Prepare to explain how you've effectively communicated with clients and internal teams in the past.
✨Prepare for Scenario-Based Questions
Expect questions that assess how you would handle specific situations, such as resolving trade discrepancies or managing tight deadlines. Think through your past experiences and be ready to share relevant stories.
✨Emphasise Your Proactive Mindset
The job requires a proactive approach to problem-solving and process improvement. Be ready to discuss initiatives you've taken in previous roles to enhance operational efficiency or improve client service.