Operations Securities Analyst

Britannia Financial Group Limited; London; On-site; GBP 30,000 - 50,000; Full time

Job summary

A leading financial group in London is seeking an Operations Securities Analyst to manage cash products including equities, bonds, and more. This role involves trade management, reconciliation, regulatory reporting, and process improvement, seeking candidates with a robust understanding of the trade life cycle and strong analytical skills. Join a dynamic team and contribute to operational excellence in a fast-paced environment.

Qualifications

• Full trade life cycle understanding for both equity and fixed income products.
• Experience with corporate actions across all product types.
• In-depth knowledge of CASS cash and custody rules.

Responsibilities

• Responsible for trade booking, confirmation, and settlement.
• Manage reconciliations and ensure timely resolution of breaks.
• Conduct quarterly regulatory reporting and manage corporate actions.

Skills

Problem solving

Attention to detail

Analytical skills

Communication skills

Excel

Process improvement

Reconciliation

Tools

Broadridge SFCM

Crest

Euroclear

DTC

Duco reconciliation platform

S2B

Job description

OPERATIONS SECURITIES ANALYST

ROLE DESCRIPTION

The primary responsibility of the Operations Securities Analyst is for cash products: Equities, Bonds, CFD’s, Funds, Repo and Security Lending.

Key responsibilities

1. Trade booking, confirmation, and settlement

• Ensure that all trades executed are entered completely and accurately into back-office systems
• Liaison with trade counterparties to agree trade details and ensure instructions are matched in the market
• Responsible for the set up and the static data maintenance of Bonds and Issuers in the relevant systems
• Management of Bilateral and Tri-party repo/reverse repo trades including Collateral switches
• Management of Securities Lending trades
• Fail Management and monitoring of alleged trades
• Trade management of all trades related to the assignment and exercises from F&O transactions
• Escalation of all unsettled and unmatched trades to management – daily fail reporting
• Completing transfers in/out
• Processing of Corporate Actions events for Client positions such as Coupons, dividends, redemptions and maturity payments
• Completing transfers in/out for clients from external brokers and custodians

1. Reconciliations

• Reconciling daily Cash, Stock position and inter-system breaks and ensuring all breaks are resolved in a timely manner
• Creating escalation reports to management on all breaks with relevant auditable commentary

1. Regulatory Reporting

• Quarterly reconciliation and reporting to Panel of Takeovers (PTM)
• Financial Transaction Tax reconciliation and reporting – France, Italy, Spain and Greece.
• FATACA & CRS annual reporting

Ad-hoc Responsibilities

• Regular review and update of procedures completed to reflect changes in internal processes and market regulations
• Regular liaison with the Front Office teams so team are aware of new business developments/requirements
• Participation into departmental projects relating to cash products and systems
• Ability to analyse requirements and adapt processes accordingly

EXPERIENCE/SKILLS REQUIRED

Technical Knowledge

• Full trade life cycle understanding to support the settlement processing supporting both Equity, fixed income product type
• Full life cycle understanding to support Britannia’s growing Repo and Structured Finance business.
• In depth experience on Corporate Action events e.g., coupon payments, dividends, maturities across all product types
• Understanding of CASS cash and custody rules.

Skills

• Ability to perform in a pressurised environment
• Excellent problem solving and judgement
• Diligent approach to work and attention to detail
• Manage manual tasks in the role and investigate to improve/automate
• Intermediate/Advanced Excel skills
• Strong analytical and communication skills
• Process improvement/re-engineering
• Reconciliation

System Knowledge (Preferable)

• Broadridge SFCM
• Crest, Euroclear, DTC
• Duco reconciliation platform
• S2B