Securities Operations / Associate Vice President
City of London
Hybrid (3/2 split)
Contract
£473 per day (via Umbrella)


cer Financial are working alongside an international bank, who are based in the City of London. They are seeking a Securities Operations / Associate Vice President to work with them a contract.


The responsibilities of the Securities Operations / Associate Vice President will include:


*Execute and monitor end-to-end trade processing for Repo, Credit Bonds, and other fixed income instruments.
*Ensure timely and accurate trade confirmation with counterparties via platforms such as MarkitWire, SWIFT, or email.
*Oversee settlement processes across global markets, ensuring alignment with market cut-offs and regulatory requirements.
*Manage tri-party repo transactions
*Liaise with tri-party agents (e.g., Euroclear) to ensure smooth processing and resolution of issues.
*Ensuring compliance with internal and external guidelines.
*BAU Operations & Controls:
*Maintain daily BAU processes including reconciliations, exception management, and reporting.
*Investigate and resolve trade breaks, unmatched trades, and settlement fails.
*Ensure adherence to internal controls and escalation procedures.
*Apply deep understanding of fixed income instruments, including credit bonds, sovereign debt, and structured products.
*Stay current with market practices, regulatory changes (e.g., CSDR, SFTR), and industry developments.
*Collaborate with front office, risk, compliance, and technology teams to resolve operational issues.
*Build strong relationships with custodians, counterparties, and clearing agents.
*Identify and implement process enhancements to improve efficiency and reduce operational risk.
*Participate in system upgrades, UAT testing, and strategic initiatives.


The successful Securities Operations / Associate Vice President will have:


*Educated to degree level
*Strong understanding of fixed income instruments, especially:
*Repos (bilateral and tri-party)
*Credit Bonds (corporate, sovereign, high-yield)
*Familiarity with trade lifecycle and settlement processes
*Knowledge of tri-party agents (Euroclear)
*Experience with confirmation platforms (e.g., MarkitWire, SWIFT)
*Proficiency in Microsoft Excel (pivot tables, formulas; VBA is a plus)
*Experience with settlement systems (e.g., DTCC, Euroclear, Clearstream)
*Exposure to collateral management tools and reconciliation platforms
*Ability to identify and resolve trade breaks and settlement issues
*Good understanding of risk and control frameworks


Experience in:
*CSDR (Central Securities Depositories Regulation)
*SFTR (Securities Financing Transactions Regulation)
*MiFID II
*3–5 years of experience in Securities Operations, preferably in:
*Fixed Income Middle Office
*Repo and Collateral Operations
*Trade Support or Settlements
*Trade confirmation and settlement
*Tri-party repo processing
*Credit bond lifecycle events
*Daily BAU operations and reconciliations