At a Glance
- Tasks: Lead a dynamic team in managing equity settlements and ensuring smooth operations.
- Company: Join a leading financial institution with a global presence and a commitment to excellence.
- Benefits: Enjoy competitive pay, flexible working arrangements, and opportunities for professional growth.
- Why this job: Be part of a collaborative culture that values innovation and operational resilience.
- Qualifications: Experience in equity operations and strong analytical skills are essential.
- Other info: Ideal for those looking to make an impact in a fast-paced environment.
The predicted salary is between 54000 - 84000 £ per year.
Job Description:
- Lead a team of 8 full-time employees across Stock Lending Settlements, Cash Equity Settlements, and Income Operations.
- Act as the local line manager for all team members, responsible for handling escalations, managing office-based working arrangements, and overseeing daily resourcing and coverage.
- Foster a collaborative team environment by implementing cross-training programs to build multi-functional expertise and operational resilience.
- Provide strategic oversight and day-to-day management of settlement functions, ensuring timely and accurate processing across global markets.
- Oversee unmatched trade processing, pre-matching, and fail resolution both on and post-settlement date.
- Investigate and report on cash and stock reconciliation breaks to Control and Regulatory Reporting teams.
- Ensure compliance with Client Money rules and regulatory requirements.
- Maintain strong working relationships with internal stakeholders to drive operational improvements.
- Produce and analyze MIS reports, focusing on cancellation volumes and root cause analysis.
Requirements:
- Proven experience leading and developing teams within Equity Operations, with a focus on cross-training and performance management.
- Deep understanding of Cash Equity and Stock Lending Settlements across international markets.
- Strong knowledge of the full trade and transaction lifecycle, including associated risks and controls.
- Working knowledge of Swift, Easyway, Citi velocity, CREST, Gloss, ALERT, and Global One preferred.
- Familiarity with ICSD settlement mechanics and the T2S platform.
- Strong analytical and problem-solving skills, with the ability to manage high volumes and tight deadlines.
- Excellent communication and interpersonal skills, with the ability to engage effectively with global stakeholders.
- Demonstrated ability to drive process improvements and enhance operational efficiency.
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Equity Settlement Operations, VP (Glasgow) employer: Jefferies
Contact Detail:
Jefferies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity Settlement Operations, VP (Glasgow)
✨Tip Number 1
Make sure to highlight your leadership experience in your conversations. When networking or during interviews, share specific examples of how you've successfully led teams in Equity Operations, focusing on cross-training and performance management.
✨Tip Number 2
Familiarise yourself with the tools mentioned in the job description, such as Swift and Citi Velocity. If you have experience with these platforms, be ready to discuss how you've used them to improve operational efficiency in your previous roles.
✨Tip Number 3
Prepare to discuss your understanding of the full trade lifecycle and associated risks. Be ready to provide insights on how you've managed high volumes and tight deadlines in past positions, showcasing your analytical and problem-solving skills.
✨Tip Number 4
Build connections with professionals in the industry, especially those who work in Equity Operations. Engaging with them can provide valuable insights into the role and may even lead to referrals, increasing your chances of landing the job with us.
We think you need these skills to ace Equity Settlement Operations, VP (Glasgow)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in leading teams within Equity Operations. Emphasise your skills in cross-training, performance management, and your understanding of Cash Equity and Stock Lending Settlements.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for the role. Discuss your strategic oversight experience and how you've successfully managed settlement functions in the past.
Highlight Relevant Skills: Clearly outline your knowledge of relevant systems such as Swift, Easyway, and Citi velocity. Mention any familiarity with ICSD settlement mechanics and the T2S platform to demonstrate your technical expertise.
Showcase Problem-Solving Abilities: Provide examples of how you've used your analytical and problem-solving skills to manage high volumes and tight deadlines. This will show your capability to drive process improvements and enhance operational efficiency.
How to prepare for a job interview at Jefferies
✨Showcase Your Leadership Skills
As a VP leading a team, it's crucial to demonstrate your leadership experience. Be prepared to discuss specific examples of how you've successfully managed teams, handled escalations, and fostered a collaborative environment.
✨Highlight Your Technical Knowledge
Make sure to emphasise your understanding of Cash Equity and Stock Lending Settlements. Familiarity with systems like Swift and T2S is a plus, so be ready to explain how you've used these tools in your previous roles.
✨Discuss Process Improvements
The role requires driving operational efficiency, so come equipped with examples of how you've implemented process improvements in past positions. Discuss the impact these changes had on your team's performance and overall operations.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially in high-pressure situations. Prepare to discuss how you would handle unmatched trade processing or cash reconciliation breaks, showcasing your analytical abilities.