Trades Settlements Analyst (12 month FTC)

at  Close Brothers Group

OVERALL SUMMARY

Trade Settlements is a team in the London Operations Department. It is responsible for Trade Matching and Settlement of trades that are booked by the dealing team. Other teams within the Department cover client data maintenance, asset transfers, corporate actions and income collection, reconciliations, client fee calculation and client reporting.

RESPONSIBILITIES

• Trade Matching, using CTM. Deals entered onto CBAM’s in-house platform (Symphony) v Broker confirmations.
• FX booking for foreign currency deals, within FX Connect.
• Ensuring trade Instructions are sent to our custodians. Using CTM Settlement Notification as well as Manual Upload files to custody.
• Unmatched and Failed Trade management
• Stock and Cash break investigation and resolution against Settlement accounts. Ensuring that breaks are accurately annotated by close of business daily.
• Payments processing daily, between Client Money accounts, Settlement accounts and corporate accounts, ensuring compliance with CASS rules at all times.
• Payments to UTM’s for settlement of unit trust trades.
• Effectively managing Broker and custodian queries on a timely basis within agreed SLA’s.
• Client Contract note production, running pre and post checks during the process.

REGULATORY RESPONSIBILITIES ¦ COMPLIANCE/T&C

Ability to demonstrate an understanding of the regulatory framework relevant to the role, whilst practising effective risk management taking account of outcomes for clients.