Settlements Administrator
Settlements Administrator Contract Type: Temporary Daily Rate: Up to 219 Working Pattern: Full Time. 36 hrs per week. Hybrid 3 days in weekDuration: 9 months possibility of extensionLocation: EC3Key Responsibilities:Provide operational support for day-to-day processing within the Settlements area, ensuring all operations are executed accurately, securely, and punctually.Promptly resolve issues with banks and counterparties.Process Gilt Repo transactions and manage Euro Government and FX transactions.Handle collateral management responsibilities and ensure all positions are fully collateralised on the GIMRA portfolio.Confirm trades with market counterparties for products such as repos, Local Authority, and Money Market deposits.Process daily investment management cash flows and confirm transactions related to the Cash Lending portfolio trades.Download and reconcile CREST positions, processing trades through Easyway while ensuring price feeds are functioning correctly.Identify areas for improvement in operational processes. Experience Required:A minimum of 1 year''s experience with CREST and exposure to the gilt markets.Familiarity with Easyway/Euroclear settlement concerning European Government Bonds.Experience in collateral management processing and handling FX Swaps.Proven ability to communicate effectively with market participants and maintain good relationships.Experience in CREST reconciliation is essential. Knowledge and Skills:Strong understanding of settlements process
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