Fixed Income Settlements Specialist

Venn Group; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A financial services company in the UK is seeking a skilled Fixed Income Settlements Specialist to play a key role in managing the post-trade lifecycle of various financial instruments. You will ensure accurate trade processing and confirmation while collaborating across departments including trading, compliance, and risk management. The ideal candidate will have 3-5 years of relevant experience and a strong understanding of fixed income products. This dynamic role offers a chance to implement process improvements and enhance operational efficiency.

Qualifications

• 3–5 years of experience in Securities Operations.
• Preferably in Fixed Income Middle Office or Trade Support.
• Hands-on experience with trade confirmation and tri-party repo processing.

Responsibilities

• Execute and monitor trade processing for fixed income instruments.
• Ensure trade confirmations are timely and accurate.
• Manage tri-party repo transactions and compliance guidelines.
• Maintain daily BAU processes including reconciliations and reporting.
• Participate in process improvements and system upgrades.

Skills

Trade processing for Repo and Credit Bonds

Trade confirmation via platforms like MarkitWire

Tri-party repo transactions

Reconciliations and exception management

Knowledge of fixed income instruments

Job description

Fixed Income Settlements Specialist

Background

Our client is looking for a Fixed Income Settlements Specialist who will play a critical role in the post‑trade lifecycle of a range of financial instruments, ensuring that transactions are accurately confirmed, settled, and recorded. This team operates as a bridge between the front office (trading) and other support functions (risk, compliance, finance).

Accountabilities & Responsibilities

Trade Lifecycle Management

• Execute and monitor end‑to‑end trade processing for Repo, Credit Bonds, and other fixed income instruments.
• Ensure timely and accurate trade confirmation with counterparties via platforms such as MarkitWire, SWIFT, or email.
• Oversee settlement processes across global markets, ensuring alignment with market cut‑offs and regulatory requirements.

Tri‑Party Management

• Manage tri‑party repo transactions.
• Liaise with tri‑party agents (e.g., Euroclear) to ensure smooth processing and resolution of issues.
• Ensure compliance with internal and external guidelines.

BAU Operations & Controls

• Maintain daily BAU processes including reconciliations, exception management, and reporting.
• Investigate and resolve trade breaks, unmatched trades, and settlement fails.
• Ensure adherence to internal controls and escalation procedures.

Product & Market Expertise

• Apply deep understanding of fixed income instruments, including credit bonds, sovereign debt, and structured products.
• Stay current with market practices, regulatory changes (e.g., CSDR, SFTR), and industry developments.

Stakeholder Engagement

• Collaborate with front office, risk, compliance, and technology teams to resolve operational issues.
• Build strong relationships with custodians, counterparties, and clearing agents.

Process Improvement & Projects

Identify and implement process enhancements to improve efficiency and reduce operational risk.

• Participate in system upgrades, UAT testing, and strategic initiatives.

Experience

• At least 3–5 years of experience in Securities Operations, preferably in:
• Fixed Income Middle Office
• Repo and Collateral Operations
• Trade Support or Settlements
• Hands‑on experience with:
• Trade confirmation and settlement
• Tri‑party repo processing
• Credit bond lifecycle events
• Daily BAU operations and reconciliations