Resource Solutions



Operations associate- investment banking, glasgow

08 March Scotland - Glasgow City, Glasgow Interim Up to €139.39 per day

Operations Associate, Investment Banking, Glasgow

Team Profile:

The Cash Settlements Team is responsible for all aspects of settlement for Foreign Exchange, Commodities, Credit, Interest Rate, and Equity OTC derivatives trades post-booking. The position requires daily interaction with various broker clients globally as well as internal sales and trading desks, other Operations groups, and technology teams. Our mission is to provide business units with cost effective, highly efficient and product agnostic full settlements services, enriching our clients experience and strengthening client relationships.

Product Coverage:

Fixed Income and Equity OTC Derivatives products, Foreign Exchange, and Commodities

Primary Responsibilities:

* Daily communication with clients to agree upcoming cash flows
* Investigation and resolution of client fails through various means, including daily interaction with trading desks, sales desks and middle office groups to ensure prompt resolution
* Reconciliation and analysis of aged breaks
* Client and Business Unit relationship management
* Responding to client queries relating to position breaks, corporate action bookings and reporting
* Collaborating with Operational management, sales, and trading desks to diminish risk through escalation and strong communication
* Acting as a process owner and being accountable for all outstanding items
* Developing and improving existing processes and reporting
* Working as part of the global settlements team to assist with development, testing & implementation of internal system changes

Skills required (essential):

* Bachelor's Degree
* Strong analytical, organizational, and verbal and written communication skills
* Proven ability to work efficiently and accurately under pressure in a fast paced multi-tasking environment
* Proactive and self-motivated
* Strong Microsoft Excel and Word skills

Skills desired:

* Due to the nature of the products traded, the job requires the ability to identify problems as they arise and understand when these need to be escalated.
* Strong problem solving skills and continued follow up are a necessity.
* The candidate should possess a good appreciation of risk - both operationally and franchise.
* In addition, the role requires extensive client interaction both internally and externally so the ability to maintain and build excellent client relationships is a priority.

Company Profile:

Our client is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. The business is able to provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.