Settlements Associate

To ensure the accurate and timely delivery and receipt of stock with all counterparties, supporting the smooth settlement of trades and maintaining robust operational processes across multiple jurisdictions.

Requirements

• Process the registration of physical share certificates
• Monitor shared departmental inboxes and ensure queries are handled promptly
• Run order books, tasks, and settlement reports
• Oversee all physical trade settlements
• Manage cash receipts and payments with all custodians
• Review daily cash and stock reconciliations across custodians
• Process all fund trades
• Monitor option trades and ensure adequate collateral is maintained
• Chase outstanding settlements on a weekly basis
• Complete fund application forms and registration forms
• Assist with system testing
• Follow departmental procedures and contribute suggestions for process improvements
• Undertake relevant technical and professional training
• Carry out any additional duties relevant to the role
• Proactively develop industry knowledge and keep up to date with market developments