Job Description
Settlements Supervisor
Location: London
Company: BGC
About BGC
BGC is a global leader in brokerage and financial technology, built on a foundation of innovation and exceptional talent. Agile and dynamic in our approach, we deliver world-class products and services to a diverse client base across the financial markets.
Our Financial Services business provides a comprehensive range of trade execution and broker-dealer services. Through our integrated platform, clients have the flexibility to discover prices, execute transactions, and process trades via voice, hybrid, or fully electronic brokerage options. Our BGC Trader and BGC Market Data platforms further enhance our offering with sophisticated financial technology solutions, analytics, and market data.
The Role
We are seeking a Settlements Supervisor to join our Matched Principal Settlements team. This role supports both pre- and post-trade processing for Fixed Income Bonds and Equities.
The successful candidate will take on a key operational role, ensuring the smooth, daily function of all settlements activities. This is an excellent opportunity for an experienced settlements professional looking to take the next step in their career and assume greater responsibility.
Key Responsibilities
* Ensure timely settlement of all asset classes across multiple markets.
* Liaise with counterparties and brokers regarding unconfirmed or unsettled trades, escalating issues where necessary.
* Work closely with custodians to resolve and escalate settlement-related queries.
* Complete daily reconciliations and end-of-day (EOD) checklists.
* Cross-train and support new team members.
* Assist the Deputy Manager or Department Head with projects, process enhancements, and new business initiatives.
* Escalate urgent issues to the Deputy Settlements Manager.
* Build and maintain strong working relationships with Operations, Front Office, Risk, and Compliance.
* Provide cover for colleagues during holidays or rotations.
Skills & Experience
* Minimum of 3 years’ settlements experience.
* Strong understanding of Equity and/or Fixed Income products and settlement processes.
* High attention to detail with the ability to work accurately under pressure.
* Knowledge of market regulations and settlement procedures.
* Client-focused mindset with strong communication and problem-solving abilities.
* Excellent teamwork and interpersonal skills.
* Comfortable operating in a fast-paced environment.
System Knowledge
* Familiarity with standard settlements and reconciliation systems.
* Proficient in Microsoft Excel and Outlook.
* Experience with major market settlement and custody platforms (e.g., Euroclear, Clearstream, CREST) is advantageous.
Personal Attributes
* Proactive and results-driven.
* Strong communicator with the ability to influence and collaborate effectively.
* Reliable, adaptable, and committed to continuous improvement.
* Demonstrates initiative and leadership qualities.
Agency Notice
BGC Group and its affiliates do not accept unsolicited agency CVs. Please do not forward CVs to our job mailbox, employees, or any other company location. BGC Group and its affiliates are not responsible for any fees associated with unsolicited CVs. For further information, please contact the Recruitment team.