Equity Middle Office and Settlements Analyst

About the team: As part of Treasury & Trading Operations, the Securities Operations team is comprised of 11 people, across 2 geographical locations, responsible for all post trade functions for the Equity Trading businesses of IBP and IEL. The team manage both Domestic and International settlements. They aim to achieve the maximum STP rate possible, whilst keeping costs low and providing the best possible service to the business and our clients. What will I be doing? Objective of Role: The primary responsibility of this role is to administer the day-to-day operational functions throughout the complete Trade Lifecycle - Trade Capture, Trade verification, Trade confirmation and allocation, Trade matching and settlement, Bond Borrowing and post settlement of all Equities products traded by Listed Client Group trading desks for Investec Bank PLC and Investec Europe Limited. Some flexibility on hours will be needed at times including working some UK bank holidays. UK hours. The responsibilities of the role are as follows: Trade validation and lifecycle management: · Manage Trade validation, affirmation and trade allocation of trades executed by desk across all cash equities. · Trade confirmation & allocation - confirm all trade details with counterparties via CTM, Triana, Bloomberg · Book trades to client accounts as per trade allocations · Fidessa-management of the Middle Office to ensure that confirmations are affirmed by clients from Fidessa via DTCC CTM in timely order. · Maintaining checking both client and market trades within Rims system are matched in suitable time, minimising risk for desks re any queries. · Handle ad-hoc requests and support business functions in a fast-moving environment · Monitoring and investigation of Unmatched Trades in ICSD's and with custodian Trade Settlement & Funding: · Manage the settlement of all trades in ICSD (Euroclear and Crest), liaising with custodians and client's settlement departments accordingly · Responsible for settlement of all non-UK transactions, liaising with global custodians in France, Spain etc and respective client's settlement departments' accordingly · Arranging cross border deliveries of fungible stocks including breaking of Dual listed securities, ETF's and ADR's as required · Agree split and make up with market counterparties as required to maximise delivery · Monitoring and funding the daily cash balances with global custodians paying and withdrawing funds · Cover settlement and input of DBV to reduce funding requirement for settlement activity. · Monitoring all bridges feeding into RIMS for any issues on a day-to-day basis and clearing/resolving accordingly. Fail Management & Stock Borrowing: · Assist and cover the monitoring of failing trades and potential buy ins and arranging borrow to cover accordingly for Crest/Euroclear or Global domestic settlement · Investigate, prioritise, and escalate trade and settlement fails Reporting and Reconciliations: · Complete various daily morning and EOD reports · Investigate daily cash and stock breaks, ensuring data integrity between internal systems and external counterparts · Perform daily FOBO reconciliation to keep internal systems in-line · Compile Month End MI reporting to management Data Governance: · Fidessa – Data management of FDM to ensure all client and stock static data is up to date and correct. · Client & instrument static data maintenance. Using interactive data & alert. · Monitoring all rejected swift settlement messages and correcting SDI information for accounts on a day-to-day basis and clearing/resolving accordingly. Client On-Boarding: · Liaise with on-boarding, trading desk & clients re issues in the account opening process and setting up new parent and child accounts in Operational systems. Stakeholder management: · Liaise with Front Office traders, Settlements, Finance, Risk, Compliance and IT to resolve issues and improve processes Process Improvement and Project Management: · Contribute to initiatives aimed at enhancing trade lifecycle efficiency, system changes, or regulatory capability · Support User Acceptance Testing (UAT) for system upgrades and new workflows Partner with Business and management on new strategic business initiatives What do I need to bring? To always act with integrity and embrace the philosophy of treating our customers fairly (compulsory). Regulatory Knowledge as applicable to role (compulsory). Technical knowledge: · Required understanding of cash equity products and trade lifecycle (middle office, settlements, reconciliation and reporting) Product knowledge required : All Cash Equities with specific ETF experience Skills: · Ability to perform in a pressurised environment. · Problem solving and judgement. · Diligent approach to work, attention to detail. · Intermediate/Advanced Excel skills · Reconciliations · Strong analytical skills · Process Improvement/Re-engineering · Relationship Management · Strong Communication skills · Risk and Control Management System knowledge: Fidessa, FIS-RIMS, Crest, Euroclear, BNP-Neo Link, Bloomberg, DTCC Platforms - CTM and Alert, Traiana, Smartstream TLM, Microsoft Office Suite What's in it for me? At Investec, you'll be empowered to bring your authentic self, contribute new ideas, and grow alongside colleagues who share your drive for excellence. You will be part of a collaborative and creative culture where we encourage and are committed to sustainability across our global business. You will share in our purpose of creating enduring worth and together, we'll achieve things tomorrow that hardly seem possible today