Settlements and Investment Admin Manager

THE COMPANY

We have been instructed by an international Private, corporate & specialist finance bank who has their European hub in London. They provide a range of corporate banking, Private banking and real estate services.

Day to day management of the Settlements & Investment Admin team with emphasis on regulatory and internal compliance and management of Operations Risk.

Settlements comprising:

• Treasury cash, Securities, Money Market and Derivative settlements and administration
• Reconciliation and investigation of nostro and suspense accounts related to departmental activities and related transactional reporting.
• Activities covered under the FCA CASS rules (excl SMF 24 responsibilities)
• Regulatory Reporting (CMAR, MIFIR, UKEMIR, SFTR)

Investment Administration and Validation Department comprising:

• All administrative functions arising from the bank’s institutional, Wealth Management and Private Banking investment activities.
• Client reporting.
• Portfolio validation and consolidated reporting.

AEOI:

• Document gathering and checking of newly onboarded Individuals/Entities.
• Ongoing maintenance of Individuals/Entities to the SCV system.
• End of year reconciliations.
• Annual HMRC Reporting.

Other tasks:

• Lead and provide operational readiness approval for any projects, new product approval and/or system implementation tasks. Where appropriate contributes to wider management, strategy and projects through relevant forums and committees.
• Responsible for maintaining internal procedures and their compliance with both internal policy and external regulatory requirements.
• Interfacing with internal and external Auditors and ensuring a timely response is provided.
• Timely delivery of Operational Risk Incident reporting and RCSA management and review.
• Ensures appropriate staffing levels are always maintained. Contributes to the overall staffing model (number of staff and skills levels) for their area. As the business changes so the staffing model utilised needs to retain a degree of flexibility to cope with any changes in business direction.
• Conduct performance management reviews with staff, prepare and manage objectives and perform regular one to one and team meetings.
• Membership of the CASS committee.
• Ensure adherence to Shariah compliant operational standards and internal policies.
• Any other ad-hoc duties that may be allocated by the Head of Operations including those not directly related to the Settlements & Investment Administration section.

• At least 5 years’ experience in a Management/Supervisory role with excellent knowledge and experience of Treasury Settlements, Custody and Investment Admin including Wealth Management.
• Knowledge of MIFID, UKEMIR and SFTR transaction reporting requirements.
• Good understanding of CASS reporting requirements.
• Good understanding of SWIFT and Payment message types.
• Good level of numeracy and literacy.
• A good understanding of Operational Risk and administration of operational aspects associated with all Risks and Controls.