At a Glance
- Tasks: Ensure timely settlement of securities transactions and resolve complex operational issues.
- Company: Join TP ICAP, a leading global market infrastructure provider with a collaborative culture.
- Benefits: Competitive salary, inclusive environment, and opportunities for professional growth.
- Other info: Diverse workplace with a focus on innovation and continuous improvement.
- Why this job: Make an impact in the financial markets while developing your skills in a dynamic team.
- Qualifications: Experience in securities settlements and strong analytical skills required.
The predicted salary is between 40000 - 44000 £ per year.
Group Overview
The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong.
Role Overview
The Settlements Senior Associate is a senior role within the EMEA Settlements function, supporting TP ICAP's Broker settlement services from the Belfast office. The role is responsible for the timely settlement of securities transactions across multiple markets, whilst acting as a Subject Matter Expert for assigned products, markets or business flows. In addition to Business As Usual (BAU) responsibilities, the Senior Associate will support business onboarding, migrations, regulatory change, operational transformation initiatives and process improvement activities. The role requires a proactive individual capable of operating independently, resolving complex operational issues and contributing to the continued development of the Settlements function.
Role Responsibilities
- Ensure timely matching and settlement of trades through effective exception management.
- Investigate and resolve complex settlement issues and trade exceptions.
- Act as a Subject Matter Expert for assigned products, markets or business flows.
- Manage trade exceptions and validate front office amendments and cancellations where required.
- Provide support to brokers and stakeholders on settlement-related matters.
- Build effective relationships with brokers, counterparties, custodians and market infrastructures.
- Review trading activity, reconciliations and exception queues to ensure timely resolution.
- Support business onboarding, migrations, regulatory change and strategic initiatives.
- Identify opportunities to improve controls, operational efficiency and settlement performance.
- Produce and analyse management information and support root cause investigations.
- Support projects, technology initiatives, UAT and post-implementation activities.
- Provide coaching and support to Analysts across the team.
- Support internal and external audits and ensure adherence to governance requirements.
- Fulfil any additional duties required to support the business.
Experience / Competences
- Significant experience within Securities Settlements, Post-Trade Operations or Trade Support functions.
- Strong understanding of the securities trade lifecycle and settlement processes.
- Experience managing complex settlement events, operational risk scenarios and exception resolution across multiple products and markets.
- Knowledge of financial markets and traded instruments.
- Experience working with brokers, custodians, counterparties and market infrastructures.
- Experience supporting business change, migrations, onboarding activities or strategic initiatives.
- Strong analytical, problem-solving and organisational skills.
- Excellent written and verbal communication skills.
- Proficient in Microsoft Office applications.
- Demonstrates sound judgement and a proactive approach to risk management.
- Ability to operate effectively within a fast-paced and evolving environment.
- Experience coaching, supporting or developing colleagues.
- Must be legally eligible to work in the UK.
Desired
- Experience of Euroclear, CREST, DTC and/or Clearstream.
- Knowledge of Corporate Actions processing.
- Knowledge of SWIFT messaging.
- Experience with TRAX matching or trade affirmation platforms.
- Experience supporting UAT, technology change or operational transformation initiatives.
- Experience producing or analysing operational MI.
- Experience supporting client onboarding, business migrations or operating model transformation initiatives.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute.
Settlements Senior Associate TLNT1_NI in Belfast employer: IrishJobs
As a Waste Resource Team Leader with our esteemed local authority client, you will be part of a dedicated team committed to enhancing community sustainability and environmental responsibility. Our organisation fosters a supportive work culture that prioritises employee development, offering training opportunities and a clear path for career progression. With competitive remuneration, including pension and holiday pay, along with the chance to make a meaningful impact in your community, this role is an excellent opportunity for those seeking rewarding employment in the public sector.
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