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Settlements & Reconciliation Manager

Reference: 20631

Location

Belfast, County Antrim

Salary

Competitive

Job Type

Permanent

Date Posted

23 January, 2023

Settlements Manager EMEA

Client:

  • Abacus Group are working with a leading global inter-dealer broker to recruit for a Settlements Manager to join the Belfast team. You will be working with a company going through considerable growth over the next year who put a real emphasis on people development.

Role:

  • Managing, motivating and leading the settlements team to ensure:
    • Timely matching of trades and resolution of any exceptions same day
    • Validation of front office amendments/cancellations where necessary
    • Provision of first line support to brokers for any settlements queries
    • Escalation any issues (where necessary) to senior management
    • Collaboration with peripheral teams to ensure the data is correct to support the trade flow
    • Daily review of cross desk trading to ensure a flat book and escalation any residual balances
    • The maintaining and clearing exception queues in a timely and efficient manner
    • Daily reconciliations are performed and exceptions that arise resolved
  • To provide support on any relevant project, under the direction and oversight of your Senior Manager
  • To oversee the implementation of any changes necessary within the Settlements function in relation to regulatory and business requirements
  • To ensure that process, procedures and governance are adhered to by all team members at all times

Requirements:

  • Must be legally eligible to work in the UK
  • A broad base of financial services operations knowledge and experience
  • Strong, demonstrable experience of effectively managing a settlements team within a capital markets or financial services operations environment
  • Strong proven experience in the management of a team that operates under pressure
  • Experienced in building and establishing teams, and through mentoring, empower them to achieve, and deliver against evolving goals
  • Proven experience in identifying, implementing and ensuring successful process improvements

Salary:

  • Excellent basic salary on offer and great reward package!!

Primary Contact:

  • Nicky Strutt – for a more detailed job spec

Next Steps:
Please submit your application or speak to a specialist consultant from the Abacus team on 0044 (0) 28 9031 3157 for a confidential discussion. We aim to respond to all inquiries within 4 business hours.
The team at Abacus manages a range of permanent and contract positions throughout Northern Ireland, the UK and the Republic of Ireland. If you are experienced and/or professionally qualified we can support your job search.
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