Settlements Specialist Settlements Specialist …

Berenberg Bank
in London, United Kingdom
Contract, Full time
Last application, 05 Dec 21
0
Berenberg Bank
in London, United Kingdom
Contract, Full time
Last application, 05 Dec 21
0

Berenberg was established in 1590, and today we are one of Europe’s leading privately owned banks, focusing on four business divisions: Wealth & Asset Management, Investment Banking and Corporate Banking. The Hamburg-based bank is run by managing partners and has a strong presence in the international financial centres of London, Frankfurt, New York and Zurich. More than 1,500 professionals are delivering a modern and efficient service, while maintaining a firm connection with our heritage and traditions. Our corporate culture is characterised by close ties to our clients, innovation and a commitment to forging lasting partnerships.

Our Transaction Services team is looking to develop and build upon its global team here in London and is looking to hire a Settlements Specialist to support an ever growing equities team.

 

Settlements Specialist - Securities, London

Your responsibilities:

  • Work with Trading desks to resolve trade booking discrepancies on a timely basis to meet SLA’s.
  • Monitor intraday Custodian Settlement Pre-Matching Reporting
  • Monitor daily Custodian/Broker failed trade reporting
  • Monitor and escalate aged fails where appropriate.
  • Resolution of Portfolio Management and Trade related queries
  • Undertake regular risk analysis of departmental processes and procedures
  • Undertake project work at the direction of team manager.
  • Responsible for the instruction and settlement of Leveraged Loans and the management of all life cycle activities until maturity

 

Your profile:

  • 2+ years experience within a securities settlements function
  • As a specialist in equity securities, you are familiar with the entire settlement process in the UK Crest market.
  • Experience of Euroclear settlement and the associated processes desirable.
  • Back-Office experience of high volume Market Making/RSP trading.
  • Excellent Stock and Cash reconciliations experience
  • Must be proactive and have the ability to communicate and interact with the trading desks, as well as our counterparties, customers and depositories.
  • Good understanding of cash management as part of the settlement process
  • Manage the processing of Securities Lending
  • Knowledge of Corporate Actions and Reconciliations desirable
  • Review and clearing of any cash/stock breaks within designated timescales.
  • Understand and identify trade discrepancies and risk optimization in the trading cycle
  • Have the ability to improve and develop current settlement processes
  • Excellent IT system skills e.g. MS Office. Neolink, Easyway, Fidessa, STM.
  • Must be confident in own ability and have the flexibility to work within a team environment.
  • Be able to work with large volumes and high pressure deadlines

 

Have we sparked your interest? Then please apply online.

 

Berenberg · Human Resources ·

60 Threadneedle Street ·

London

EC2R 8HP

United Kingdom

 

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