Assistant Vice President, Settlements (m f x)

Main purpose of the role: The Fixed Income and Equity Trade Processing team provides support to MUFG EMEA Sales and Trading groups, facilitating accurate and timely settlement and providing pre‑trade support. The team acts as an important link between the Front Office, the market, customers and various back‑office areas and is key to ensuring transactions are correctly matched and risk assessed.

Responsibilities:

• Ensure accurate and timely monitoring of front‑to‑back transaction flows and settlement across a wide range of Fixed Income and Equity products, including Corporates, Government Bonds, Repos, SBL, SPV Settlements, Triparty, Cash Equities, and Convertibles.
• Support the end‑to‑end processing, instruction, and risk management of Triparty settlements, ensuring alignment with internal controls and business requirements.
• Drive optimisation initiatives to enhance efficiency and accuracy across all Triparty related activities.
• Investigate and resolve reconciliation breaks and unmatched trades across all supported products and markets, ensuring all reconciliation activities are completed in a timely and accurate manner.
• Monitor and manage team mailboxes daily, ensuring all queries are thoroughly investigated and resolved promptly, delivering high‑quality service to internal and external stakeholders.
• Oversee and support the performance, communication, and control standards of outsourced partners.
• Ensure outsourced operations align with internal expectations, timelines, and business objectives.
• Act as a key liaison between internal stakeholders and external vendors, fostering collaboration, accountability, and continuous improvement.
• Oversee the processing, reporting, and resolution of all market borrow positions, including the management of mandatory recalls.
• Identify and execute pair‑off or partial settlement opportunities with counterparties, including the preparation and processing of payment/receipt instructions.
• Continuously review and enhance operational processes and procedures in collaboration with the line manager.
• Identify and remediate any control gaps or inefficiencies within the framework.
• Ensure all activities within the Transaction Processing team are executed in accordance with documented Standard Operating Procedures and internal control standards.
• Act as a product specialist, providing subject‑matter expertise and day‑to‑day support across all BAU activities.
• Fully engage in the department’s cross‑training initiatives, supporting knowledge transfer and team resilience.
• Serve as a role model within the team, demonstrating professionalism, accountability, and a strong work ethic.
• Mentor new team members by designing and delivering structured training plans.
• Participate actively in senior staff meetings, contributing insights and recommendations on staffing, new business initiatives, and ongoing BAU matters that impact the Transaction Processing function and the wider firm.

Qualifications:

Work Experience:

• Strong product knowledge and F2B process understanding of Investment Banking flows.
• Extensive settlements, triparty and reconciliation experience + understanding of reconciliation first principles.
• Demonstrable stakeholder management skills.

Skills And Experience:

• Operational process knowledge: strong understanding of end‑to‑end operational process flows across financial products and markets.
• Technical proficiency: advanced skills in Microsoft Excel and Word, supporting data analysis, reporting, and documentation.
• Communication skills: excellent written and verbal communication abilities, enabling clear and effective interaction with stakeholders at all levels.
• Stakeholder management: proven ability to manage relationships with internal and external stakeholders, ensuring alignment, transparency, and timely resolution of issues.
• Analytical thinking: technical mindset with a focus on investigating and resolving complex issues efficiently and accurately.

Personal Requirements:

• Results driven, with a strong sense of accountability.
• A proactive, motivated approach.
• The ability to operate with urgency and prioritise work accordingly.
• Strong decision making skills, the ability to demonstrate sound judgement.
• A structured and logical approach to work.
• A creative and innovative approach to work.
• Excellent interpersonal skills.
• The ability to manage large workloads and tight deadlines.
• Excellent attention to detail and accuracy.
• A calm approach, with the ability to perform well in a pressurised environment.