Settlements Associate

Description:

Marcus Donald People are representing a leading global financial institution seeking a talented Settlements Associate to join its Global Equity Finance team. This position will play a pivotal role in collateral management and trade settlement operations across multiple asset classes, including Equities, ADRs, ETFs, FX, and Swaps.

This is a 12-month contract role (inside IR35) with a strong likelihood of extension or transition to permanent employment. The position requires a detail-oriented professional with solid product knowledge, operational expertise, and a strong grasp of settlement processes in a global banking environment.

Key Responsibilities:

• Manage daily collateral obligations to ensure compliance with risk and exposure parameters.

• Monitor and resolve stock and cash reconciliation issues on a daily basis.

• Handle trade matching, settlement, and fails processes efficiently.

• Liaise with trading desks, clients, and internal stakeholders to ensure smooth trade settlement and collateral flows.

• Maximise settlement efficiency and reduce operational risk exposure.

• Ensure compliance with regulations impacting settlements, including CASS and CSDR.

• Contribute to the continuous improvement of processes and controls across settlement workflows.

Candidate Profile / Requirements:

• Proven experience in settlements, collateral management, and equity finance transactions.

• Strong product knowledge in Equities, ADRs, ETFs, FX & Swaps, and repos.

• Familiarity with Crest and international markets including Europe, Spain, South Africa, Canada, U.S., and Asia-Pacific.

• Knowledge of triparty collateral management and stock borrowing.

• Technical system knowledge desirable: Gloss, Global One, NEOLINK, HSBC cash, CITIBANK, CREST.

• Understanding of payment systems (SWIFT network and account funding) is an advantage.

• Strong knowledge of regulations including CASS and CSDR.

• Undergraduate degree in finance, accounting, economics, or a numerate discipline.

• Excellent communication skills to interact with stakeholders at all levels, including sales desks and counterparties.

• Strong attention to detail and ability to thrive in a fast-paced, high-pressure environment.