Global Markets Operations Associate

Settlements-BG-UK

You will help ensure post-trade investment activity is completed accurately, within market deadlines and in line with established procedures and controls.

A key focus of the role will be FX Operations, and we are particularly interested in candidates with practical FX experience and a good understanding of the FX trade lifecycle. This may include trade processing, settlement, cash movements, standing settlement instructions and the investigation and resolution of FX-related exceptions.

Alongside FX, you will support activity across Equities, Fixed Income, Derivatives, Private Company transactions and Corporate Actions, giving you the opportunity to broaden your knowledge across Global Markets Operations. You will work closely with Trading teams, custodians, brokers, counter parties and colleagues across the firm, while contributing to strong controls, effective client service and continuous improvement.

Due to the nature of the role, the team currently operates a shift pattern that allows for occasional flexibility in start times, with the earliest start being 7am. Further details will be discussed during the interview or can be provided in advance upon request.

This position has been deemed a Certified role within the FCA's Senior Managers and Certification Regime. As a result, occupants' details will be displayed on the FCA Register and both initial and annual fitness and propriety assessments must be completed.

• Support FX activity through the trade lifecycle, including trade processing, settlement, cash movements, settlement instructions and the resolution of exceptions.
• Support the end-to-end post-trade lifecycle across Equities, Fixed Income, Derivatives, Private Company transactions and Corporate Actions.
• Monitor settlement activity, market deadlines and operational events, identifying and resolving breaks, exceptions and potential risks.
• Manage Corporate Actions activity, including reviewing event information, processing elections and entitlements and investigating related cash, stock or reconciliation issues.
• Work closely with Trading teams, investment teams, custodians, brokers and counter parties to investigate issues and support investment activity.
• Support client and counter party onboarding, portfolio transitions and other investment initiatives.
• Follow established procedures and controls, ensuring risks, incidents and errors are identified, escalated and reported appropriately.
• Identify opportunities to improve processes, controls and efficiency through automation, technology and better ways of working, while sharing knowledge across the wider team.

• Accurate FX delivery
  :
  Manage FX activity accurately and within market and currency deadlines, with a sound understanding of the FX lifecycle, settlement requirements, cash movements, standing settlement instructions and associated controls.
• Reliable post-trade delivery
  :
  Complete wider Global Markets Operations activity accurately and on time across Equities, Fixed Income, Derivatives, Private Company transactions and Corporate Actions, understanding key dependencies across the trade lifecycle.
• Sound judgement and escalation
  :
  Investigate operational exceptions thoroughly, understand the potential risk and impact, and take appropriate action or elevate where required.
• Clear communication and collaboration
  :
  Provide timely, practical information to trading teams, custodians, brokers, counter parties and internal stakeholders so that issues are understood and resolved effectively.
• Continuous improvement and team contribution
  :
  Build broader operational knowledge, share expertise with colleagues and identify opportunities to strengthen processes, controls and efficiency through automation and technology.

• Practical experience of FX operations, with a good understanding of the FX lifecycle, settlement requirements and associated operational risks and controls.
• Experience investigating and resolving FX exceptions, settlement issues and cash-related queries, working confidently with Trading teams, custodians, brokers, counter parties and internal stakeholders to resolve issues effectively.
• An understanding of the importance of accurate settlement instructions, market and currency cut-off times, funding requirements and timely escalation within an FX environment.
• Experience working with vendor platforms and internal…