Full job descriptionA Japanese financial institution is currently recruiting a Trade and Settlement Assistant Manager in London. In this role, you will be responsible for pre-trade and post-trade processing, settlements, trade reconciliation, and liaison with custodians, counterparties, and prime brokers, as well as supporting audits, regulatory filings, and operational projects.
This is an excellent opportunity for an experienced settlement professional who is ready to step up into the management role.
The ideal candidate should have minimum 5 years’ experience in middle/back office within a securities broker or asset management environment.
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ELIGIBLE APPLICANTS:
*(O) Eligible visa: Permanent residence, Spouse, Partner
*(X) NOT eligible: Student visa, Requiring visa sponsorship, YMS visa, Graduate visa
WORK TYPE: hybrid
VISA SUPPORT: No
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TYPE: 6-month contract – strong possibility to be permanent depending on performance
WORKING HOURS: Morning shift work is required on a rotation (Summer time from 7am, Winter time from 6am) Can work from home and come to office later on for the morning shift days
SALARY: 55K+ – other salary range could be negotiable
START: ASAP
LOCATION: London city


Trade and Settlement Assistant Manager Main Responsibilities:
*Manage both pre- and post-trade processing for Equities and MTN.
*Work closely with custodians to resolve and escalate settlement-related queries
*Liaise with counterparties and prime brokers regarding unconfirmed or unsettled trades, escalating issues where necessary to ensure timely settlement
*Complete daily reconciliations and end-of-day (EOD) checklist
*Cross-train and support team members
*Escalate urgent issues to the Group Head of Trade Operations
*Build and maintain strong working relationships with Front Office, Risk, Compliance, Accounting and overseas offices
*Assist with audits, regulatory filings, and operational due diligence processes
*Manage the account opening process for securities with clients and their prime brokers
*Maintain operational manuals to audit standard
*Provide cover for other team members during holidays or rotations
*Support ad hoc projects, e.g. System migrations/upgrades, SWIFT CSP attestation


Trade and Settlement Assistant Manager Ideal Candidate:
*5+ years’ experience in middle/back office within a securities broker or asset management environment
*Strong understanding of the trade life cycle, settlement processes and reconciliation (cash and positions)
*Knowledge of market regulations and settlement procedures
*Exceptional attention to detail, reliability and ownership of deliverables
*Comfortable managing relationships with multiple counterparties
*Strong written and verbal communication skills
*Ability to work accurately under pressure
*Working knowledge of SWIFT, CTM and Alert
*Basic knowledge of Japanese (written, reading and spoken) would be beneficial


** All applicants for the Settlement must have the right to work in the country as the Company is not able to offer visa support.
*We regret that we cannot accept applications from YMS visa, Graduate or Student visa holders.
If your application is successful, you will be contacted within two business days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs.
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