Settlements Officer | Westlake

SUMMARY:
Settlements Officer | Westlake

POSITION INFO:

Our client is seeking a Settlements Officer to join their dynamic team. This role plays a crucial part in assisting clients with trade matching and settlement, providing an excellent opportunity to grow within a thriving fund services environment.

Key Responsibilities:

• Efficiently capture, process, match, and settle trades on the accounting system, including Equities, Fixed Income, Derivatives, Unit Trusts/CIS investments, Call Transfers, SWAPs, and FX deals.
• Prepare manual instructions for unlisted trade settlements when needed, such as Physical MM, Private Placements, Offshore investments, and Fund of Fund investments.
• Ensure trades are correctly matched between client notifications and counterparty confirmations.
• Reconcile broker/counterparty accounts and ensure trade details align with company records.
• Report and match Demat Money Market trades on Strate within required timeframes.
• Manage trade statuses and handle all associated requirements.
• Maintain accurate broker settlement and contact details, including brokerage rates.
• Monitor front office trades to ensure seamless STP settlement into the accounting system.
• Compile incident reports and assist in implementing and improving process controls.
• Address internal and external trade-related queries from brokers, clients, and custodians.
• Build strong relationships with clients and counterparties to resolve settlement issues.
• Handle ad-hoc tasks and contribute to projects, particularly in testing and implementing new solutions for trade processing automation.