Settlements Analyst - Priority Client Services

Overview

You will be primarily responsible for Global Settlements for Susquehanna European companies. The role involves working closely with traders in a front office environment. You will be required to build an excellent knowledge of the products traded by Susquehanna and also the international markets in which we operate.

This is a superb opportunity for an individual with a keen interest in the financial markets to gain exposure within a true trading environment and further their knowledge.

 

What you'll be part of:

• Ensuring prompt and efficient matching and settlement of all OTC, Client and Exchange Trades across a range of different products such as: Equities, Bonds, ETF’s with a focus on regulatory and economic impact.
• Manage relationships with Susquehanna clients ensuring a high level of settlement service.
• Liaison with inter-company departments such as: Securities Lending, Corporate Actions, Technology, Trading Desks and Trade Support to ensure high settlement rate and best service to the traders.
• Directing the Prime Broker and Direct Market Access (DMA) provider’s settlement functions.
• Daily monitoring and analysis of all buy-in notices received from Exchanges, Clients and DMA providers.
• Proactively communicate and build relationships with Sales traders and other relevant parties to quickly and efficiently manage critical trades which may result in settlement risks.
• Position management through analysis of long/short positions on multi listed securities and instructing reregistration of securities to cover any short positions.
• Investigation/analysis of all interest claims, fines, buy ins received in order to recommend changes to trading strategies so as to reduce such costs.
• Develop good relationships with Prime Brokers, Execution Brokers and clients.
• Compilation and analysis of monthly management reports on trading volume, interest claims, buy-in notices, trade fails and PnL impact.
• Research and analysis into new markets/products.
• Participate in strategic initiatives to enhance operational efficiency.
• Identify and implement process improvements and automation opportunities.
• Take ownership of new ideas from concept to implementation, helping the firm identify and execute growth opportunities.
• Project work directly relating to trading desks activities.

What we’re looking for

• 3rd level degree, preferably in a business or finance related discipline is desirable.
• Experience in a similar role with European & DTC Settlements experience an advantage.
• Experience in trade matching and using platforms such as CTM and/or Traiana, and knowledge of SSI’s is desirable.
• A client focus on delivering best service.
• Aptitude for using technology and improving efficiencies – experience in SQL/Python an advantage.
• Attention to detail and good organizational skills are essential.
• Ambitious and self-motivated, not afraid to ask questions and use own initiative.
• Knowledge of and an interest in financial markets and European Settlements
• High level of proficiency in Microsoft Office suite, particularly Excel.
• Strong communicator (verbal and written).
• Effective problem solving and analytical skills; including effective troubleshooting in a fast paced, time critical environment.
• Ability to work under pressure and multi-task.