Asset Servicing

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Trevose Partners Limited
  • 18 Jun 18 2018-06-18

The Operations department provides all operational support functions for the Company’s businesses such as fixed income trading and sales, Japanese and European equity trading and sales, Treasury management and other new business lines developed by the Company. Operations plays a key role in delivering an optimal, full-spectrum service for all clients and is structured by product and aligned to support all businesses as appropriate in trade capture, reference data, cash management, securities and cash reconciliation, transaction processing, money transfer, income processing, tax reclaims, collateral, client valuations, and confirmations. In addition .

Asset Servicing – Proprietary Income
 Process coupons / dividends for trading business. This involves claiming
repo coupons and making payments to counterparties as well as
reconciling Custodian reports to Stratus records;
 Take ownership of Proprietary Income claims. This involves monitoring
and chasing repo counterparties to ensure all claims are paid in a timely
manner; and demonstrating this behaviour across the department;
 Monitor cash & stock reconciliations to ensure outstanding items are
kept to a minimum;
 Proactively investigate discrepancies with custodians and follow up on
their resolution;
 Operate within the defined process controls and procedures, proactively
seeking out any risks, escalating and providing ideas to remediate
Asset Servicing – Corporate Actions
 Reconcile incoming Corporate Action messages received via agent banks
& liaise directly with Front Office, ensuring all events correctly
 Process, manage and take responsibility for claims relating to Corporate
action positions on pending/failing trades & repo positions
 Ensure Front Office reflect proceeds of Corporate Action instructions in
a timely manner
 Monitor cash & stock reconciliations & ensure any breaks are
investigated & resolved
Asset Servicing – Agency Lending & Repo
 Reconcile incoming Corporate Action messages to outstanding loans;
 Process Corporate Actions on Equity and Fixed Income positions and
 Process, manage and take responsibility for claims relating to Fixed
Income Coupons and Redemptions;
 Oversee the process and management of claims relating to
Manufactured Overseas Dividends;
 Monitor and conduct maintenance of Withholding Tax documents and
Asset Servicing – Taxation
 Monitor the status of tax documentations and ensure that all relevant
tax certifications are completed as and when appropriate;
 Control US Tax Forms for Proprietary REPO Counterparties;
 Direct the completion US Tax Forms for Agency Lending/ Repo clients
Additional responsibilities
 Balance sheet reconciliation with a target to clear outstanding payables
and receivables
 Implement ideas across the department; with an aim to reduce manual
processes and improve automation
 Project work that is relevant to the role being performed