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- Tasks: Manage trade settlements and regulatory reporting while collaborating with teams for efficient operations.
- Company: Join AJ Bell, a fast-growing investment platform trusted by over 620,000 customers.
- Benefits: Enjoy a starting salary of £24,720, generous holiday, and perks like a health cash plan and gym access.
- Why this job: Be part of a supportive team culture in a dynamic environment focused on financial empowerment.
- Qualifications: No prior experience needed; just bring your enthusiasm and customer service skills!
- Other info: Hybrid working model with opportunities for personal development and social events.
The predicted salary is between 21000 - 30000 £ per year.
We are recruiting a Market Settlements Administrator to join our team of administrators. Responsibilities include ensuring accurate administration of trade settlements regulatory reporting to the FCA and management of certificated deposits.Market Settlements is a department within the Custody division consisting of two teams: Crest Settlement and Clearstream Settlement. The administrator is expected to manage their assigned workload perform intraday task management and collaborate effectively with colleagues to ensure the teams tasks are completed efficiently. As an operations role it is crucial that the process is executed to a high standard to ensure the ongoing success of AJ Bell.What does the job involveOversee trade records within the back-office system ensure precise and timely communication of trade instructions to relevant custodians and markets and address any queries raised by market counterparties clients fund providers or internal teams within AJB. Generate update and distribute reports on failing trade positions and risks. Resolve or escalate issues to the Team Leader/Manager. Manage failing trade positions to ensure timely settlement where possible.Monitor and manage Crest Member Accounts to ensure onward delivery of stock. Manage efficient stock flows through the AJB nominee by utilising external reporting tools (Crest GUI Clearstream Cofunds Website). Processing certificated stock deposits through the Crest system.Ensure accurate and timely reporting for MiFID II Transaction Reporting.Escalate outstanding issues to the Team Leader / Manager in a timely manner.Production of KPI/SLA data and MI as agreed.Report any CASS breaches or suspected breaches immediately to the Line Manager. Perform root cause analysis on reconciliation breaks and use to implement preventative measures alongside the Team LeaderSupport project implementations fixes and upgrades through testing of software and defining the needs of the team. Ensuring that all processes and procedures are updated in line with systemic implementations.Ensure productive working relationships with other teams by coordinating efforts to develop efficient and effective operational processes. Instructing cash movements on the online banking systems & identifying/applying incoming payment.Competence Knowledge and SkillsPrevious experience in a financial services administration role desirable but not essential.Knowledge of banking payment methods (such as BACS Faster Payments Debit Card Cheques) an advantage.Ability and commitment to deliver excellent customer service skillsCompetent IT skills including Word Excel and Outlook.Ability to work in high pressure deadline driven environmentsSupportive team player with positive approach.Willingness to learn and strive for improved efficiency within the Market Settlements Team.Excellent attention to detail.Customer service orientated.Enjoys working in a deadline driven structured environment unsupervised at times.Ability to organise and prioritise own work.About us: AJ Bell is one of the fastest-growing investment platform businesses in the UK offering an award-winning range of solutions that caters for everyone from professional financial advisers to DIY investors with little to no experience. We have over 620000 customers using our award-winning platform propositions to manage assets totalling more than 96.1 billion. Our customers trust us with their investments and by continuously striving to make investing easier we aim to help even more people take control of their financial futures.Having listed on the Main Market of the London Stock Exchange in December 2018 AJ Bell is now a FTSE 250 company.Headquartered in Manchester with offices in central London and Bristol we now have over 1500 employees and have been named one of the UKs Best 100 Companies to Work For for six consecutive years and in 2025 named a Great Place to Work.At AJ Bell you can expect a friendly working environment with a strong sense of teamwork we have a great sense of pride in what we do and this is reflected in our guiding principles.Our perks and benefits:Starting salary of 24720Starting holiday entitlement of 25 days increasing up to 31 days with length of service and a holiday buy and sell schemeA choice of pension schemes with matched contributions up to 6%Discretionary bonus schemeAnnual free share awards schemeBuy As You Earn (BAYE) SchemeHealth Cash Plan provided by SimplyHealthDiscounted private healthcare scheme and dental planFree on-site gym providing a wide range of free classesEmployee Assistance ProgrammeBike loan schemeSick pay pledgeEnhanced maternity paternity and shared parental leaveDiscounted nursery fees at Kids Planet on Exchange QuayLoans for travel season ticketsDeath in service schemePaid time off for volunteer workCharitable giving opportunities through salary sacrificeCalendar of social events including monthly payday drinks annual Christmas party summer party and much moreParking at Exchange Quay (Subject to availability)Personal development programmes built around you and your career goals including access to personal skills workshopsOngoing technical trainingProfessional qualification supportTalent development programmesPeer recognition scheme with rewards including restaurant and shopping vouchers or time offMonthly leadership breakfasts and lunchesCasual dress codeAccess to a range of benefits from our sponsorship dealsHybrid working:At AJ Bell our people are the heart of our culture. We believe in building strong connections by working together. Thats why we offer a hybrid working model where youll spend a minimum of 60% of your working time per month in the office. For new team members an initial period will be full-time in the office to help you immerse yourself in our business and build valuable relationships with your colleagues.AJ Bell is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and all employees are empowered to bring their whole self to work.We do not discriminate based on race sex gender identity sexual orientation age pregnancy religion physical and mental disability marital status and any other characteristics protected by the Equality Act 2010. All decisions to hire are based on qualifications merit and business need.If you like the sound of the above or just want to know more about the company and the role wed love to speak to you. Remote Work : NoEmployment Type : Full-time Key Skills Microsoft Access,SQL,Analysis Skills,Microsoft Powerpoint,Securities Law,Data Mining,Investment Banking,Market Research,Microsoft Excel,Visual Basic,Bloomberg,Data Analysis Skills Experience: years Vacancy: 1
Market Settlements Administrator employer: Dr Jobs
Contact Detail:
Dr Jobs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Settlements Administrator
✨Tip Number 1
Familiarise yourself with the key responsibilities of a Market Settlements Administrator. Understanding trade settlements, regulatory reporting, and the specific systems used (like Crest and Clearstream) will give you an edge in discussions during interviews.
✨Tip Number 2
Network with current or former employees of AJ Bell on platforms like LinkedIn. They can provide insights into the company culture and the specifics of the role, which can help you tailor your approach when applying.
✨Tip Number 3
Brush up on your knowledge of MiFID II Transaction Reporting and banking payment methods. Being able to discuss these topics confidently will demonstrate your commitment to the role and your understanding of the financial services landscape.
✨Tip Number 4
Prepare examples of how you've successfully managed workloads and collaborated with teams in high-pressure environments. This will showcase your ability to thrive in the structured setting that AJ Bell values.
We think you need these skills to ace Market Settlements Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial services administration. Emphasise any roles where you managed trade settlements or worked with regulatory reporting, as these are key aspects of the Market Settlements Administrator position.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific skills that align with the job description, such as your attention to detail and ability to work under pressure. Use examples from your past experiences to demonstrate how you can contribute to the team.
Highlight Relevant Skills: Ensure you mention your IT skills, particularly with Microsoft Excel and other relevant software. If you have experience with banking payment methods or customer service, make sure to include that as well, as it shows you understand the operational requirements of the role.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for the Market Settlements Administrator role.
How to prepare for a job interview at Dr Jobs
✨Know Your Trade Settlements
Familiarise yourself with trade settlements and regulatory reporting, especially related to the FCA. Being able to discuss these topics confidently will show your understanding of the role and its responsibilities.
✨Demonstrate Attention to Detail
Since accuracy is crucial in this role, prepare examples from your past experiences where your attention to detail made a significant impact. This could be in managing records or resolving discrepancies.
✨Showcase Your IT Skills
Be ready to discuss your proficiency with tools like Excel and any experience you have with back-office systems. Highlight specific instances where you've used these skills to improve efficiency or solve problems.
✨Emphasise Team Collaboration
This role requires effective collaboration with colleagues. Prepare to share examples of how you've worked successfully in teams, particularly in high-pressure environments, to achieve common goals.
