Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Process client cash instructions and ensure timely settlement of trades.
- Company: Join a friendly global bank located in the heart of London.
- Benefits: Enjoy hybrid work options, great overtime rates, and a pension plan.
- Why this job: Kickstart your career in finance with a supportive team and valuable experience.
- Qualifications: 5 GCSEs at grade C or above, including Maths & English; eager to learn.
- Other info: Perfect for school leavers looking for their first job in financial services.
The Role
Equity, Fixed Income & FX Transaction Processing Clerk – City of London based global Bank – School Leaver/ Entry Level – Ongoing temp
Martis Search is representing a global Bank, to hire an ongoing “Equity, Fixed Income & FXTransaction Processing Clerk” temp.
This is an entry-level “School Leaver”/ “GCSE”, or “A Level leaver” role. This is an excellent opportunity for someone who has finished school, not decided to go university, but is looking for an opportunity to get your first proper job in The City, into the world of Financial Services.
The company is based in The City of London and the bank has global locations. The position sits within a sub-division within one of their Transaction Processing teams and is a specific role that relates to “Transaction Processing”.
The role is also hybrid (within a 4-week period, 8 days employees are allowed to work from home, so you will be able to work-from, as well as in the office). The company offers great overtime rates and also a pension. It is a friendly bank to work for and a safe a secure environment.
Purpose of the role
To ensure all clients’ cash instructions are processed in an accurate and timely manner in line with global custodian, prime broker and reporting deadlines.
To ensure all client instructions to settle global equity or fixed income trades are processed withinGAS (UK) systems in an efficient and timely manner and are settled promptly in the local market.
KEY RESPONSIBILITIES:
- To ensure all client instructions (Trades, Cash, FX) are processed within the GAS (UK) systems in a timely
- and accurate manner and the Global Sub custodian / Prime brokers are instructed accordingly.
- To ensure all pending trades are monitored on a daily basis and all relevant action is taken to enable prompt settlement.
- To ensure clients are advised promptly the status of their trades.
- To pro-actively monitor all failed trades and ensure they settle at the earliest opportunity.
- To ensure client queries are investigated and answered within 24 hours.
- To ensure client portfolios are updated promptly and accurately in order to dispatch reports/SWIFT advices within the specified deadline.
- To review cash reconciliation report on a daily basis and investigate/resolve outstanding items.
- To review asset reconciliation report on a daily basis and investigate/resolve outstanding items
- To effectively resolve and report operational errors, ensuring that any issues are escalated to the Operations Manager, and all interested parties are advised in good time. To also consider and propose preventative measures to avoid a recurrence of the error.
- To identify areas where efficiencies within the department can be improved upon and suggest relevant changes to operational procedures.
- To advise the Operations management of any performance related issues concerning either our clients or sub custodian network.
- To carry out such other duties as requested by Operations management and the Unit General Manager.
QUALIFICATIONS AND EXPERIENCE:
At least 5 GCSE’s at grade C and above, including Maths & English.
Takes pride in their work and understands the importance of taking care to ensure work is produced to a high standard.
Exemplary attitude i.e. eager to learn, works well within a team, inquisitive and self-motivated.
A good understanding of Microsoft packages including Word and Excel. An understanding of Microsoft Access would be advantageous but not essential.
Salary
Between £12.00 per hour – £13.45 per hour.
Equity, Fixed Income & FX Transaction Processing Clerk - City of London based global Bank – School Leaver/ Entry Level - Ongoing temp employer: Martis Search
Contact Detail:
Martis Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Equity, Fixed Income & FX Transaction Processing Clerk - City of London based global Bank – School Leaver/ Entry Level - Ongoing temp
✨Tip Number 1
Familiarize yourself with the basics of transaction processing in financial services. Understanding how trades, cash, and FX instructions are processed will give you a solid foundation to discuss during your interview.
✨Tip Number 2
Brush up on your Microsoft Excel skills, as this role requires proficiency in handling data. Being able to demonstrate your ability to use Excel effectively can set you apart from other candidates.
✨Tip Number 3
Show your eagerness to learn and adapt by researching the bank's operations and values. This will help you align your answers with what they are looking for in a candidate and demonstrate your genuine interest in the role.
✨Tip Number 4
Prepare to discuss examples of teamwork and problem-solving from your school experiences. Highlighting your ability to work well with others and resolve issues will resonate well with the hiring team.
We think you need these skills to ace Equity, Fixed Income & FX Transaction Processing Clerk - City of London based global Bank – School Leaver/ Entry Level - Ongoing temp
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant skills and experiences that align with the role of an Equity, Fixed Income & FX Transaction Processing Clerk. Emphasize any coursework or projects related to finance, mathematics, or data processing.
Craft a Strong Cover Letter: Write a cover letter that expresses your enthusiasm for the role and the financial services industry. Mention why you are interested in this specific position and how your background makes you a suitable candidate.
Highlight Your Qualifications: Clearly list your GCSEs, especially Maths and English, as these are essential for the role. If you have any additional qualifications or relevant experiences, be sure to include them.
Show Your Eagerness to Learn: In your application, convey your eagerness to learn and grow within the company. Mention any instances where you have taken initiative or shown curiosity in previous roles or educational settings.
How to prepare for a job interview at Martis Search
✨Show Your Enthusiasm for Financial Services
Make sure to express your genuine interest in the financial services industry. Talk about why you want to start your career in this field and how this role aligns with your career goals.
✨Highlight Your Attention to Detail
Since the role involves processing transactions accurately, emphasize your attention to detail. Share examples from school projects or any previous experiences where you had to ensure accuracy in your work.
✨Demonstrate Your Teamwork Skills
The bank values a friendly and collaborative environment. Be prepared to discuss instances where you worked effectively in a team, showcasing your ability to communicate and cooperate with others.
✨Prepare Questions About the Role
Show your proactive attitude by preparing thoughtful questions about the role and the company. This demonstrates your eagerness to learn and understand more about the position and its responsibilities.
