At a Glance
- Tasks: Manage and resolve complex securities transactions while supporting business initiatives.
- Company: Join TP ICAP, a leading global market infrastructure provider.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Flexible working environment with a focus on diversity and inclusion.
- Why this job: Be part of a dynamic team making a real impact in financial markets.
- Qualifications: Experience in securities settlements and strong analytical skills required.
The predicted salary is between 35000 - 42000 £ per year.
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 is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.
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. The Settlements team supports a broad range of Fixed Income and Cash Equity businesses across EMEA and operates within a matched-principal model where effective settlement execution, risk management and stakeholder engagement are critical. The team operates coverage between 7am and 9pm to support EMEA and US markets. Participation in a limited shift rota will be required.
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
Essential
- 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.
Settlements Senior Associate employer: TP ICAP
TP ICAP is an excellent employer that fosters a collaborative and innovative work culture in the vibrant city of Belfast. Employees benefit from a high level of autonomy in their roles, along with opportunities for professional growth and client engagement, making it a rewarding environment for those passionate about financial markets and analytics.
StudySmarter Expert Advice🤫
We think this is how you could land Settlements Senior Associate
✨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 TP ICAP. 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 Settlements Senior Associate
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 TP ICAP.
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 TP ICAP'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 TP ICAP
✨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 TP ICAP.
✨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 TP ICAP 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 TP ICAP 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.
