Settlements Analyst, Priority Client Services

Susquehanna International Group; Leinster; On-site; EUR 40,000 - 60,000; Full time

Job summary

A global trading firm in Ireland is seeking a qualified candidate for the role of Global Settlements Specialist. This position involves ensuring efficient trade matching and settlement, managing client relationships, and collaborating with various departments to ensure optimal trading outcomes. The ideal candidate will have a strong educational background in finance or business and proficiency in tools like SQL and Excel. This is an excellent opportunity for those interested in advancing their knowledge in financial markets.

Qualifications

• Experience in European & DTC Settlements preferred.
• Experience in trade matching using CTM or Traiana.
• Knowledge of financial markets and European Settlements.

Responsibilities

• Ensure prompt matching and settlement of trades.
• Manage client relationships for high settlement service.
• Analyze monthly management reports on trading activities.

Skills

Attention to detail

Client focus

Problem solving

Analytical skills

Communication skills

Education

3rd level degree in business or finance

Tools

SQL

Python

Microsoft Excel

Job description

About Susquehanna

Susquehanna is a global quantitative trading firm founded by a group of friends who share a passion for game theory and probabilistic thinking. We have incorporated this approach into our culture, where you will find relentless problem solvers within each of our core disciplines: Trading, Technology, and Quantitative Research. From offices around the world, our employees collaborate to make optimal decisions and are driven by the desire to achieve winning results together.

What we do

We are experts in trading essentially all listed financial products and asset classes, with a focus on derivatives trading. Through market making and market taking, we handle millions of trading transactions around the world every day, providing liquidity and ensuring competitive prices for buyers and sellers. While our presence in the market is broad, our trading desks are highly specialized, allowing for a deep understanding of unique drivers of each asset class.

Overview

You will be primarily responsible for Global Settlements for Susquehanna European companies. The role involves working closely with traders in a front office environment. You will be required to build an excellent knowledge of the products traded by Susquehanna and also the international markets in which we operate.

This is a superb opportunity for an individual with a keen interest in the financial markets to gain exposure within a true trading environment and further their knowledge.

What you'll be part of:

• Ensuring prompt and efficient matching and settlement of all OTC, Client and Exchange Trades across a range of different products such as: Equities, Bonds, ETF’s with a focus on regulatory and economic impact.
• Manage relationships with Susquehanna clients ensuring a high level of settlement service.
• Liaison with inter-company departments such as: Securities Lending, Corporate Actions, Technology, Trading Desks and Trade Support to ensure high settlement rate and best service to the traders.
• Directing the Prime Broker and Direct Market Access (DMA) provider’s settlement functions.
• Daily monitoring and analysis of all buy-in notices received from Exchanges, Clients and DMA providers.
• Proactively communicate and build relationships with Sales traders and other relevant parties to quickly and efficiently manage critical trades which may result in settlement risks.
• Position management through analysis of long/short positions on multi listed securities and instructing reregistration of securities to cover any short positions.
• Investigation/analysis of all interest claims, fines, buy ins received in order to recommend changes to trading strategies so as to reduce such costs.
• Develop good relationships with Prime Brokers, Execution Brokers and clients.
• Compilation and analysis of monthly management reports on trading volume, interest claims, buy-in notices, trade fails and PnL impact.
• Research and analysis into new markets/products.
• Participate in strategic initiatives to enhance operational efficiency.
• Identify and implement process improvements and automation opportunities.
• Take ownership of new ideas from concept to implementation, helping the firm identify and execute growth opportunities.
• Project work directly relating to trading desks activities.

What we’re looking for:

• 3rd level degree, preferably in a business or finance related discipline is desirable.
• Experience in a similar role with European & DTC Settlements experience an advantage.
• Experience in trade matching and using platforms such as CTM and/or Traiana, and knowledge of SSI’s is desirable.
• A client focus on delivering best service.
• Aptitude for using technology and improving efficiencies – experience in SQL/Python an advantage.
• Attention to detail and good organizational skills are essential.
• Ambitious and self-motivated, not afraid to ask questions and use own initiative.
• Knowledge of and an interest in financial markets and European Settlements
• High level of proficiency in Microsoft Office suite, particularly Excel.
• Strong communicator (verbal and written).
• Effective problem solving and analytical skills; including effective troubleshooting in a fast paced, time critical environment.
• Ability to work under pressure and multi-task.