Settlements Supervisor

Recruiter
LMA Recruitment Ltd
Location
London
Salary
35000.00 - 45000.00 GBP Annual
Posted
13 Sep 2017
Expires
21 Sep 2017
Contract Type
Permanent
The role will be responsible for the supervision of administration of all aspects of Treasury settlements and client custody functions including associated internal, client and regulatory reporting.

Responsibilities of the role include -

Client Custody and Settlements

- Checking and authorising trades including releasing related settlement messages using SW IFT and sub-custodian proprietary systems
- Maintenance of client agreements and other required documentation , including for tax purposes
- Regulatory client classifications
- Processing of income and corporate actions ensuring correct tax treatment
- Client confirmations, fee processing, valuations and reporting
- Maintenance of client custody system including static data

FCA CASS Compliance

- Timely allocations of clients' monies under the banking exemption
- CASS RP maintenance
- Preparation of the FCA CMAR return

Client Foreign Exchange Transactions

- Checking and authorising trades, releasing related SWIFT confirmation and payment messages
- Settlement of client foreign exchange transactions booked direct with Treasury
- Client confirmations

It is recognised that candidates may not have had exposure to the full range of financial instruments, functions and responsibilities encompassed by this job description however experience in and a thorough knowledge of either client settlement and custody operations or treasury settlements (including FX, MM, repo and IRS as a minimum) is essential. In return they are offering a salary of up to GBP45,000 plus benefits and bonus.