Settlements Senior Associate

tp; Belfast City District; On-site; GBP 42,000 - 56,000; Full time

Job summary

TP ICAP in Belfast is seeking a Settlements Senior Associate to support broker settlement services across EMEA from the Belfast office. The role emphasizes timely matching of trades, expert handling of complex settlement events and close collaboration with brokers, custodians and market infrastructures.

You will participate in onboarding, migrations and regulatory changes, contribute to process improvements and manage risks within a fast-paced, policy-guided environment.

Qualifications

• Significant experience within Securities Settlements, Post-Trade Operations or Trade Support.
• Strong understanding of the securities trade lifecycle and settlement processes.
• Experience managing complex settlement events, operational risk scenarios and exception resolution across multiple products and markets.
• Knowledge of financial markets and traded instruments.
• Experience working with brokers, custodians, counterparties and market infrastructures.
• Experience supporting business change, migrations, onboarding activities or strategic initiatives.
• Strong analytical, problem-solving and organisational skills.
• Excellent written and verbal communication skills.
• Must be legally eligible to work in the UK.

Responsibilities

• Ensure timely matching and settlement of trades through effective exception management.
• Investigate and resolve complex settlement issues and trade exceptions.
• Act as a Subject Matter Expert for assigned products, markets or business flows.
• Manage trade exceptions and validate front office amendments and cancellations where required.
• Provide support to brokers and stakeholders on settlement-related matters.
• Build effective relationships with brokers, counterparties, custodians and market infrastructures.
• Review trading activity, reconciliations and exception queues to ensure timely resolution.
• Support business onboarding, migrations, regulatory change and strategic initiatives.
• Identify opportunities to improve controls, operational efficiency and settlement performance.
• Produce and analyse management information and support root cause investigations.
• Support projects, technology initiatives, UAT and post-implementation activities.
• Provide coaching and support to Analysts across the team.
• Support internal and external audits and ensure adherence to governance requirements.
• Fulfil any additional duties required to support the business.

Skills

Securities Settlements

Post-Trade Operations

Trade lifecycle knowledge

Stakeholder communication

Risk awareness

Coaching/mentoring

UK work eligibility

Tools

Microsoft Office

Job description

Group Overview

Group Overview

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

Role Overview

The Settlements Senior Associate is a senior role within the EMEA Settlements function, supporting TP ICAP's Broker settlement services from the Belfast office.

The role is responsible for the timely settlement of securities transactions across multiple markets, whilst acting as a Subject Matter Expert for assigned products, markets or business flows.

In addition to Business As Usual (BAU) responsibilities, the Senior Associate will support business onboarding, migrations, regulatory change, operational transformation initiatives and process improvement activities. The role requires a proactive individual capable of operating independently, resolving complex operational issues and contributing to the continued development of the Settlements function.

The Settlements team supports a broad range of Fixed Income and Cash Equity businesses across EMEA and operates within a matched-principal model where effective settlement execution, risk management and stakeholder engagement are critical.

The team operates coverage between 7am and 9pm to support EMEA and US markets. Participation in a limited shift rota will be required.

Role Responsibilities

• Ensure timely matching and settlement of trades through effective exception management.
• Investigate and resolve complex settlement issues and trade exceptions.
• Act as a Subject Matter Expert for assigned products, markets or business flows.
• Manage trade exceptions and validate front office amendments and cancellations where required.
• Provide support to brokers and stakeholders on settlement-related matters.
• Build effective relationships with brokers, counterparties, custodians and market infrastructures.
• Review trading activity, reconciliations and exception queues to ensure timely resolution.
• Support business onboarding, migrations, regulatory change and strategic initiatives.
• Identify opportunities to improve controls, operational efficiency and settlement performance.
• Produce and analyse management information and support root cause investigations.
• Support projects, technology initiatives, UAT and post-implementation activities.
• Provide coaching and support to Analysts across the team.
• Support internal and external audits and ensure adherence to governance requirements.
• Fulfil any additional duties required to support the business.

Experience / Competences

Essential

• Significant experience within Securities Settlements, Post-Trade Operations or Trade Support functions.
• Strong understanding of the securities trade lifecycle and settlement processes.
• Experience managing complex settlement events, operational risk scenarios and exception resolution across multiple products and markets.
• Knowledge of financial markets and traded instruments.
• Experience working with brokers, custodians, counterparties and market infrastructures.
• Experience supporting business change, migrations, onboarding activities or strategic initiatives.
• Strong analytical, problem-solving and organisational skills.
• Excellent written and verbal communication skills.
• Proficient in Microsoft Office applications.
• Demonstrates sound judgement and a proactive approach to risk management.
• Ability to operate effectively within a fast-paced and evolving environment.
• Experience coaching, supporting or developing colleagues.
• Must be legally eligible to work in the UK.

Desired

• Experience of Euroclear, CREST, DTC and/or Clearstream.
• Knowledge of Corporate Actions processing.
• Knowledge of SWIFT messaging.
• Experience with TRAX matching or trade affirmation platforms.
• Experience supporting UAT, technology change or operational transformation initiatives.
• Experience producing or analysing operational MI.
• Experience supporting client onboarding, business migrations or operating model transformation initiatives.

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or pr

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