Trade Support and Settlements Manager
AllianceBernstein · London
Company Description
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. AllianceBernstein employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies, and alternative investments, and, through its subsidiaries and joint ventures, operates in more than 20 countries. AllianceBernstein’s research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities. Through its integrated global platform, AllianceBernstein is well-positioned to tailor investment solutions for its clients. AllianceBernstein also offers independent research, portfolio strategy and brokerage-related services to institutional investors.
Operations Group Description
The EMEA Investment Management Operations Team provides Middle and Back Office Operations functions for the EMEA region’s client-base. These functions are delivered by a mixture of internal AllianceBernstein Operations professionals and offshore partners.
Job Description
Management of the onshore Trade Support and offshore Settlement teams.
The role necessitates constant emphasis on good communication, attention to detail and adherence to deadlines. The role furthermore requires the ability to ensure prompt and appropriate response to a broad range of enquiries and issues to reduce risk and ensure the highest levels of client service are maintained.
Team Responsibilities
The candidate will manage the following:
Trade Support
- Allocation of Equity, Fixed Income and Derivative transactions.
- Confirmation of Equity, Fixed Income and Derivatives
- Time sensitive security creation and validation for Fixed Income new issue trading.
- New market due diligence
- Resolution of Portfolio Management and Trade related queries.
- Risk analysis of departmental processes and procedures.
- Participation in global internal working groups and functional service level forums.
- Compilation and review of confirmation metrics
- Settlement of EMEA Equity and Fixed Income trading
- Interest and Coupon Claim Resolution
- Compilation and review of Settlements and Claims metrics
Additional management duties
- Lead regular formal Broker Reviews
- Lead formal Custodian Reviews.
- Attend relevant Industry Forums.
- Lead projects and initiatives
Job Qualifications
The ideal candidate should have the following:
- Degree level education preferred
- IAQ or IMC or professional qualification preferred
- Five years proven experience gained in a Financial Operations environment with a good understanding of Front to Back operational processes.
- Good product knowledge and sound understanding of Markets and Settlements
- Experience with International Market practices, rules, and regulations.
- Good communication skills, both oral and written.
- Organizational and planning skills.
- Ability to work effectively within a team environment.
- Ability to take direction as needed as well as being able to work independently and proactively.
- Ability to manage time effectively and prioritize responsibilities, think independently, evaluate potential risks, and escalate items appropriately.
- Work within a pressured environment, multi-task, and meet deadlines.
- Ability to build positive internal and external relationships.
Location
London
London, UK