Equity Settlement Operations, VP (Glasgow)

Jefferies; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Jefferies is seeking an experienced team lead for Equity Operations in London. In this pivotal role, you will manage a team responsible for Stock Lending Settlements and Cash Equity Settlements, ensuring compliance and enhancing operational efficiency. Your expertise in trading processes and leadership skills will be key in fostering a collaborative team environment and driving performance improvements.

Qualifications

• Proven experience leading teams in Equity Operations.
• Deep understanding of Cash Equity and Stock Lending Settlements.
• Strong knowledge of the trade lifecycle and associated risks.

Responsibilities

• Lead a team of 8 in Stock Lending and Cash Equity Settlements.
• Ensure compliance with Client Money rules and regulations.
• Produce and analyze MIS reports focusing on operational improvements.

Skills

Analytical skills

Communication

Problem-solving

Tools

Swift

Easyway

Citi velocity

CREST

Gloss

ALERT

Global One

Job description

Job Description:

• Lead a team of 8 full-time employees across Stock Lending Settlements, Cash Equity Settlements, and Income Operations.
• Act as the local line manager for all team members, responsible for handling escalations, managing office-based working arrangements, and overseeing daily resourcing and coverage.
• Foster a collaborative team environment by implementing cross-training programs to build multi-functional expertise and operational resilience.
• Provide strategic oversight and day-to-day management of settlement functions, ensuring timely and accurate processing across global markets.
• Oversee unmatched trade processing, pre-matching, and fail resolution both on and post-settlement date.
• Investigate and report on cash and stock reconciliation breaks to Control and Regulatory Reporting teams.
• Ensure compliance with Client Money rules and regulatory requirements.
• Maintain strong working relationships with internal stakeholders to drive operational improvements.
• Produce and analyze MIS reports, focusing on cancellation volumes and root cause analysis.

Requirements:

• Proven experience leading and developing teams within Equity Operations, with a focus on cross-training and performance management.
• Deep understanding of Cash Equity and Stock Lending Settlements across international markets.
• Strong knowledge of the full trade and transaction lifecycle, including associated risks and controls.
• Working knowledge of Swift, Easyway, Citi velocity, CREST, Gloss, ALERT, and Global One preferred.
• Familiarity with ICSD settlement mechanics and the T2S platform.
• Strong analytical and problem-solving skills, with the ability to manage high volumes and tight deadlines.
• Excellent communication and interpersonal skills, with the ability to engage effectively with global stakeholders.
• Demonstrated ability to drive process improvements and enhance operational efficiency.