OPERATIONS SECURITIES ANALYST
ROLE DESCRIPTION
The primary responsibility of the Operations Securities Analyst is for cash products: Equities, Bonds, CFD’s, Funds, Repo and Security Lending.
Key responsibilities
1. Trade booking, confirmation, and settlement
* Ensure that all trades executed are entered completely and accurately into back-office systems
* Liaison with trade counterparties to agree trade details and ensure instructions are matched in the market
* Responsible for the set up and the static data maintenance of Bonds and Issuers in the relevant systems
* Management of Bilateral and Tri-party repo/reverse repo trades including Collateral switches
* Management of Securities Lending trades
* Fail Management and monitoring of alleged trades
* Trade management of all trades related to the assignment and exercises from F&O transactions
* Escalation of all unsettled and unmatched trades to management – daily fail reporting
* Completing transfers in/out
* Processing of Corporate Actions events for Client positions such as Coupons, dividends, redemptions and maturity payments
* Completing transfers in/out for clients from external brokers and custodians
1. Reconciliations
* Reconciling daily Cash, Stock position and inter-system breaks and ensuring all breaks are resolved in a timely manner
* Creating escalation reports to management on all breaks with relevant auditable commentary
1. Regulatory Reporting
* Quarterly reconciliation and reporting to Panel of Takeovers (PTM)
* Financial Transaction Tax reconciliation and reporting – France, Italy, Spain and Greece.
* FATACA & CRS annual reporting
Ad-hoc Responsibilities
* Regular review and update of procedures completed to reflect changes in internal processes and market regulations
* Regular liaison with the Front Office teams so team are aware of new business developments/requirements
* Participation into departmental projects relating to cash products and systems
* Ability to analyse requirements and adapt processes accordingly
EXPERIENCE/SKILLS REQUIRED
Technical Knowledge
* Full trade life cycle understanding to support the settlement processing supporting both Equity, fixed income product type
* Full life cycle understanding to support Britannia’s growing Repo and Structured Finance business.
* In depth experience on Corporate Action events e.g., coupon payments, dividends, maturities across all product types
* Understanding of CASS cash and custody rules.
Skills
* Ability to perform in a pressurised environment
* Excellent problem solving and judgement
* Diligent approach to work and attention to detail
* Manage manual tasks in the role and investigate to improve/automate
* Intermediate/Advanced Excel skills
* Strong analytical and communication skills
* Process improvement/re-engineering
* Reconciliation
System Knowledge (Preferable)
* Broadridge SFCM
* Crest, Euroclear, DTC
* Duco reconciliation platform
* S2B
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