Overview
You will be primarily responsible for Global Settlements for Susquehanna European companies. The role involves working closely with traders in a front office environment. You will be required to build an excellent knowledge of the products traded by Susquehanna and also the international markets in which we operate.
This is a superb opportunity for an individual with a keen interest in the financial markets to gain exposure within a true trading environment and further their knowledge.
What You'll Be Part Of
* Ensuring prompt and efficient matching and settlement of all OTC, Client and Exchange Trades across a range of different products such as: Equities, Bonds, ETF's with a focus on regulatory and economic impact.
* Manage relationships with Susquehanna clients ensuring a high level of settlement service.
* Liaison with inter-company departments such as: Securities Lending, Corporate Actions, Technology, Trading Desks and Trade Support to ensure high settlement rate and best service to the traders.
* Directing the Prime Broker and Direct Market Access (DMA) provider's settlement functions.
* Daily monitoring and analysis of all buy-in notices received from Exchanges, Clients and DMA providers.
* Proactively communicate and build relationships with Sales traders and other relevant parties to quickly and efficiently manage critical trades which may result in settlement risks.
* Position management through analysis of long/short positions on multi listed securities and instructing reregistration of securities to cover any short positions.
* Investigation/analysis of all interest claims, fines, buy ins received in order to recommend changes to trading strategies so as to reduce such costs.
* Develop good relationships with Prime Brokers, Execution Brokers and clients.
* Compilation and analysis of monthly management reports on trading volume, interest claims, buy-in notices, trade fails and PnL impact.
* Research and analysis into new markets/products.
* Participate in strategic initiatives to enhance operational efficiency.
* Identify and implement process improvements and automation opportunities.
* Take ownership of new ideas from concept to implementation, helping the firm identify and execute growth opportunities.
* Project work directly relating to trading desks activities.
What We're Looking For
* 3rd level degree, preferably in a business or finance related discipline is desirable.
* Experience in a similar role with European & DTC Settlements experience an advantage.
* Experience in trade matching and using platforms such as CTM and/or Traiana, and knowledge of SSI's is desirable.
* A client focus on delivering best service.
* Aptitude for using technology and improving efficiencies – experience in SQL/Python an advantage.
* Attention to detail and good organizational skills are essential.
* Ambitious and self-motivated, not afraid to ask questions and use own initiative.
* Knowledge of and an interest in financial markets and European Settlements
* High level of proficiency in Microsoft Office suite, particularly Excel.
* Strong communicator (verbal and written).
* Effective problem solving and analytical skills; including effective troubleshooting in a fast paced, time critical environment.
* Ability to work under pressure and multi-task.