Brokerage Operations Specialist

Brokerage Operations Specialist

Full-Time 45000 - 55000 £ / year (est.) Hybrid
Lightyear

At a Glance

  • Tasks: Run daily brokerage operations and improve processes for better customer experience.
  • Company: Join Lightyear, a fast-growing fintech on a mission to revolutionise investing in Europe.
  • Benefits: Enjoy competitive startup perks, flexible hours, and private health insurance.
  • Other info: Work in a dog-friendly office with quarterly international team events.
  • Why this job: Be part of a dynamic team making investing accessible and transparent for everyone.
  • Qualifications: 2+ years in brokerage or financial operations with a passion for investing.

The predicted salary is between 45000 - 55000 £ per year.

About Lightyear

We're on a mission to make investing better for everyone in Europe. More specifically, we're making it light years better. We're combining multi-currency accounts with unlimited access to global markets so that everyone in Europe can invest without sneaky hidden fees or unnecessary barriers. In just four years, we've gone from idea to fully regulated in both the UK and EU, launched across 25 countries, raised $58M, and built a 70+ strong team from Europe's top fintechs and startups. We're backed by a stellar line-up of investors.

What you will do

Our brokerage platform has taken huge leaps to scale into new markets and products. We are looking for a Brokerage Operations Specialist with a broad set of skills, who is not afraid to roll up their sleeves and help run daily brokerage operations, and as they build confidence contribute to improving for the benefit of our customers. This includes:

  • Run daily brokerage operations, such as:
    • Payment monitoring and management - deposits, conversions, withdrawals
    • Trade monitoring and problem-solving
    • Liquidity & FX exposure management
    • Corporate action management and processing
    • Client money and asset reconciliations
    • Treasury Management
    • Liaising with key partners - securities brokers, market data providers, banks
  • Set Lightyear up for success by building great processes
  • Manage exceptions and incidents, solving them forever where you can.
  • Improve the processes you work on, by understanding impact of changes (using data), and suggesting improvements.

You are

  • Be curious and ambitious, with a desire to not just run, but improve the processes and products they touch and understand well.
  • Have a knack for numbers and code - find their way around a database using SQL, and with a record of using AI to accelerate their learning or work.
  • Highly reliable and of high integrity - can be relied upon for detailed work, and asking for help rather than risk making a mistake.

Requirements

  • 2+ years of experience in a brokerage, treasury or financial operations role
  • Knowledge of the Financial Conduct Authority's CASS regulations
  • Solid knowledge of financial markets, custody and settlement practices
  • Passion for investing

Nice to have

  • Deep Experience in one of the brokerage sub-domains, Pensions, Execution, Clearing and Settlement
  • Product Management background - you've built systems together with engineers to handle financial services

Benefits

  • A competitive startup package including tax-advantaged EMI stock options that vest monthly after a one-year cliff
  • Offices in central London (Old Street)
  • Flexible working hours
  • A flexible approach to working remotely
  • Private health insurance
  • Enhanced parental leave
  • All the usual office facilities, including free tea, coffee & snacks
  • Dog-friendly office
  • Quarterly international team events

Brokerage Operations Specialist employer: Lightyear

Lightyear is an exceptional employer that prioritises innovation and customer success, making it a fantastic place for a Product Manager focused on Investor Experience. With a competitive startup package, flexible working hours, and a vibrant office culture in central London, employees are empowered to grow and thrive in their roles. The company's commitment to employee well-being, including private health insurance and enhanced parental leave, alongside opportunities for meaningful impact in the fintech space, makes Lightyear an attractive choice for those seeking rewarding employment.

Lightyear

Contact Details:

Lightyear Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Brokerage Operations Specialist

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Lightyear. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Brokerage Operations Specialist

Payment Monitoring and Management
Trade Monitoring
Problem-Solving Skills
Liquidity Management
FX Exposure Management
Corporate Action Management
Client Money Reconciliation

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lightyear.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Lightyear's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Lightyear

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lightyear.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at Lightyear will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former Lightyear employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.