Trade Support Asset Management

Job Description

Equities and Bonds Matching CTM Matching Ensure CTM is monitored throughout the day with any discrepancies in Trade financials and Failed Settlement Notification to the custodian are resolved within Market, FX cut offs and Custodian SLA. Non-CTM Matching Ensure Manual confirmations are chased and received from counterparties for matching, Trade notifications should be instructed to Custody via their specific notification process within Market, FX cut offs and Custodian SLA. Must be able to manage expectations and keep the Operations Processing Manager fully aware of ongoing progress, priorities, risks and issues CIS Matching Calastone Ensure all booked trades on Symphony are matched where possible and are instructed to Custody via their specific notification process when confirmation available. Non Calastone Ensure contract notes are chased at the UTM/TA or custodian and the trade matched where possible. Instructions should be sent to Custody via their specific notification process when confirmation available. Fund Switches Process all Fund Switch instructions on systems and at Custodian via Custodian specific notification method. Ensure the movements settle in reasonable timeframe. Derivative Matching and Settlement Ensure all ETD/OTC contracts are processed in accordance with procedures and in accordance with any deadlines for instructions and funding requirements. Monitoring the full life cycle of all derivative transactions and related confirm and settlement activity of both ETD and OTC contracts along with any associated administration. Support of the relationship and transactional operational management with all associated counterparties (Fund Admin/Clearer/Custody/3rd Party Vendors/Dealing Desk) Collateral Management Ensure daily proposed collateral movements are matched with counterparties within Cloud Margin / Acadia and any discrepancies are resolved. Facilitate the processing of monthly interest on all collateral balances. FX Matching Ensure any unmatched or mismatched FX trades on GTSS are resolved. All Trades requiring FX are enriched with relevant FX rates on the day processed. Ensure all FX FWDs are processed on Trade Date. Co-ordinate NET settlement on Forward FX positions by processing cash transfers between FX counterparts. Failed Trade Management Ensure all failed trade reports are received and reviewed on a daily basis. Take appropriate action to resolve issues and prevent from further delays to settlement. Escalate any problematic trades. Identify recurring problems and take steps to prevent. Additional Tasks (In addition to the core responsibilities above the following tasks will need to be completed) Placing and IPO Processing - Ensure all Placing and IPO requests are processed and returned to the broker within set timeframe indicated on the placing letter. All custodian instructions should be sent via specific notification process. Broker Liaison Responsibility for operational relationship with Brokers.Day to day relationship management and initial escalation of issues relating to settlements.Monitor issues and log in order to facilitate MI stats to assist in broker management SSI Management Upkeep of settlement instructions and methods (for funds, OTC options etc) in Alert and internal database.Manage custodian and broker info in regards to settlement and be aware of any change to market practice. Market Opening Coordinate any new market opening requests ensuring fit within current operational model, all risks and costs associated are highlighted. NAV Trade Notifications Ensure all Trade Notifications are instructed via their specific notification method to the relevant Fund Accounts with in the agreed cut off for each funds NAV point. Trade Re-Allocation processing and monitoring Filing Transaction Records Ensure that all trades are filed in a standard coherent manner enabling easy retrieval Break Resolution Ensure all breaks are investigated, notated and resolved on the day raised where possible. MIS production and analysis for management As part of the Operations Settlements team we would expect you to work closely with the immediate team and help with the following duties: Maintaining procedures for the all job related areas and checklist completion for designated tasks. Training Operations Trainee Analysts and Graduate Trainees Overflow and holiday cover Undertake cross training of other roles within the Ops Processing Dept. Assisting with production of departmental management statistics The Operations department changes as a result of role rotation and the nature of the existing and expanding client base, and internal and external factors, and as such job descriptions for individuals are subject to periodic revision. Other To the extent not already covered: Anything else that may be reasonably requested. Personal skills, knowledge and talents Aptitude and talents Core competencies Demonstrate self-awareness and emotional intelligence Demonstrate honesty and integrity Value and respect the contribution of others Maintain high standards of accuracy, demonstrating the initiative and self-discipline to work on your own and take responsibility for output Demonstrate enthusiasm, drive and commitment Absolute focus on client service Skills, knowledge, experience and qualifications Maintain high standards of diligence and accuracy at all times Ability to adopt best working practices Absolute focus on client service, including awareness of cultural differences in working practices Good standard of oral and written communication High standard of IT literacy (MS Office, especially Word, PowerPoint, Excel) Strong attention to detail