At a Glance
- Tasks: Manage pre- and post-trade processing, settlements, and trade reconciliation.
- Company: A Japanese financial institution based in London is seeking a Trade and Settlement Assistant Manager.
- Benefits: Hybrid work model with morning shift rotations and a salary starting at £55K.
- Other info: Position is a 6-month contract with strong potential for permanence.
- Why this job: Excellent opportunity for experienced professionals to step into a management role.
- Qualifications: Minimum 5 years' experience in middle/back office within securities or asset management.
The predicted salary is between 36000 - 40000 £ per year.
A Japanese financial institution is currently recruiting a Trade and Settlement Assistant Manager in London. In this role, you will be responsible for pre-trade and post-trade processing, settlements, trade reconciliation, and liaison with custodians, counterparties, and prime brokers, as well as supporting audits, regulatory filings, and operational projects. This is an excellent opportunity for an experienced settlement professional who is ready to step up into the management role.
The ideal candidate should have a minimum of 5 years' experience in middle/back office within a securities broker or asset management environment.
Main Responsibilities:- Manage both pre- and post-trade processing for Equities and MTN.
- Work closely with custodians to resolve and escalate settlement-related queries.
- Liaise with counterparties and prime brokers regarding unconfirmed or unsettled trades, escalating issues where necessary to ensure timely settlement.
- Complete daily reconciliations and end-of-day (EOD) checklist.
- Cross-train and support team members.
- Escalate urgent issues to the Group Head of Trade Operations.
- Build and maintain strong working relationships with Front Office, Risk, Compliance, Accounting and overseas offices.
- Assist with audits, regulatory filings, and operational due diligence processes.
- Manage the account opening process for securities with clients and their prime brokers.
- Maintain operational manuals to audit standard.
- Provide cover for other team members during holidays or rotations.
- Support ad hoc projects, e.g. system migrations/upgrades, SWIFT CSP attestation.
- 5+ years' experience in middle/back office within a securities broker or asset management environment.
- Strong understanding of the trade life cycle, settlement processes and reconciliation (cash and positions).
- Knowledge of market regulations and settlement procedures.
- Exceptional attention to detail, reliability and ownership of deliverables.
- Comfortable managing relationships with multiple counterparties.
- Strong written and verbal communication skills.
- Ability to work accurately under pressure.
- Working knowledge of SWIFT, CTM and Alert.
- Basic knowledge of Japanese (written, reading and spoken) would be beneficial.
All applicants for the Settlement must have the right to work in the country as the Company is not able to offer visa support. If your application is successful, you will be contacted within two business days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs.
Trade and Settlement Assistant Manager employer: Centre People Appointments
This Japanese financial institution offers a competitive salary and hybrid working arrangements in London. The team focuses on maintaining strong relationships across various departments, ensuring efficient trade operations.
Contact Details:
Centre People Appointments Recruitment Team
