As part of Treasury & Trading Operations, the Securities Operations team is comprised of 11 people, across 2 geographical locations, responsible for all post trade functions for the Equity Trading businesses of IBP and IEL. The team manage both Domestic and International settlements. They aim to achieve the maximum STP rate possible, whilst keeping costs low and providing the best possible service to the business and our clients. What will I be doing? The primary responsibility of this role is to administer the day-to-day operational functions throughout the complete Trade Lifecycle - Trade Capture, Trade verification, Trade confirmation and allocation, Trade matching and settlement, Bond Borrowing and post settlement of all Equities products traded by Listed Client Group trading desks for Investec Bank PLC and Investec Europe Limited. We are looking for individuals who bring a diligent approach to their work, with strong attention to detail and the ability to analyze and solve problems effectively. Experience in operational support within financial services or a similar environment is valuable, but we also welcome candidates with transferable skills and a willingness to learn. The ability to manage multiple priorities in a fast-paced setting, along with strong communication and relationship management skills, will help you succeed in this role. Familiarity with Excel and reconciliations is helpful, and a proactive mindset focused on process improvement and risk management is highly regarded. At Investec, we value collaboration, innovation, and a supportive environment that encourages professional growth. We offer a flexible working environment, opportunities for development, and a culture that values equity and inclusion. If you share our commitment to creating a respectful and welcoming workplace, we encourage you to apply-even if you do not meet every requirement listed. Please let us know if you need any adjustments during the recruitment process.
Responsibilities
* Fidessa-management of the Middle Office to ensure that confirmations are affirmed by clients from Fidessa via DTCC CTM in timely order.
* Maintaining checking both client and market trades within Rims system are matched in suitable time, minimising risk for desks re any queries.
* Assist with settlement of all transaction Crest, liaising with custodians and client's settlement departments accordingly.
* Settlement of all non-UK transactions, liaising with global custodians in France, Spain and respective client's settlement departments' accordingly.
* Euroclear settlement in firms own accounts.
* Monitoring all rejected swift settlement messages and correcting SDI information for accounts on a day-to-day basis and clearing/resolving accordingly.
* Arranging cross border deliveries of fungible stocks including breaking of Dual listed securities, ETF's and ADR's as required.
* Agree split and make up with market counterparties as required to maximise delivery.
* Monitoring and funding the daily cash balances with global custodians paying and withdrawing funds.
* Fidessa - data management of FDM to ensure all client and stock static data is up to date and correct.
* Assist and cover the monitoring of failing trades and potential buy ins and arranging borrow to cover accordingly for Crest/Euroclear or Global domestic settlement.
* Cover settlement and input of DBV to reduce funding requirement for settlement activity.
* Client & instrument static data maintenance. Using interactive data & alert.
* Complete various daily morning and EOD reports and reconciliations.
* Liaise with on-boarding, trading desk & clients re issues in the account opening process and setting up new parent and child accounts in Operational systems.
* Monitoring all bridges feeding into RIMS for any issues on a day-to-day basis and clearing/resolving accordingly.
Knowledge of Equity processes, Middle and Back office
Product Knowledge Required
* All Equities with specific ETF experience
Skills
* Ability to perform in a pressurised environment
* Problem solving and judgement
* Diligent approach to work, attention to detail
* Intermediate/Advanced Excel skills
* Reconciliations
* Analytical skills
* Process Improvement/Re-engineering
* Relationship Management
* Communication skills
* Risk and Control Management
System Knowledge
* Fidessa, FIS-RIMS, Crest, Euroclear, BNP-Neo Link, Bloomberg, DTCC Platforms - CTM and Alert, Traiana
Additional Information
At Investec, we are committed to fostering a diverse and inclusive workplace where everyone can thrive. In this role, you will be responsible for supporting the day-to-day operations across the full lifecycle of financial transactions. Your work will involve capturing, verifying, and confirming transactions, as well as coordinating with both internal teams and external partners to ensure that settlements are completed efficiently and any queries are resolved promptly. You will also play a key part in maintaining accurate client and product data, monitoring and reconciling accounts, and preparing essential reports. We look for dynamic, energetic people filled with tenacity, integrity and out of the ordinary thinking. We value individuals who in turn value our culture; that is, a can-do attitude while challenging convention. Diversity, competency and flexible leadership are respected in pursuit of the growth of our business. Please note some flexibility on hours will be needed at times including working some UK bank holidays.
Benefits
* Pension
* Private Medical Cover
* Virtual GP
* Gym Discounts
* Psychologist Service
* Annual Leave
* Life Assurance
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