Description
The Securities Clearing Operations team plays a critical role in enabling the RepoClear and EquityClear services to meet their legal, regulatory, and operational obligations across multiple trading platforms.
You will help ensure that trades are accurately registered, netted, and settled across a range of Central Securities Depositories (CSDs) and International CSDs (ICSDs).
Responsibilities:
- Manage daily operational activities to ensure trades are correctly registered, netted, and settled on time
- Monitor and process corporate actions for cash equities
- Proactively oversee settlement positions across all LCH markets
- Communicate clearly and professionally with Clearing Members when issues arise
- Work with CSDs, ICSDs, settlement agents, and external service providers to resolve operational concerns
- Identify operational issues, log them appropriately, take ownership through to resolution, raise incidents, and escalate when needed
- Build and maintain strong knowledge of RepoClear and EquityClear products
- Collaborate with colleagues in London and across other business teams to strengthen cross-departmental understanding
- Respond promptly to Clearing Member queries via phone or email
- Maintain strong relationships with Clearing Members
- Take ownership of your development by identifying skills gaps, building actionable development plans, and proactively working toward subject-matter expertise
- Manage your workload independently with minimal supervision while supporting team members when capacity allows
- Maintain and update static data across the clearing platform
- Reconcile nostro and depot accounts daily
- Recommend new ideas and opportunities to drive innovation, reduce costs, and enhance operational efficiency
- Support the implementation of operational controls and risk management requirements
- Ensure all internal procedures are followed, regularly reviewed, kept up-to-date, and accurately maintained
- Participate in Internal Audit reviews when required
- Follow departmental security policies
- Maintain awareness of business continuity procedures and your role within them
- Demonstrate strong knowledge of Service Level Agreements (SLAs), rules, regulations, and relevant operational procedures
- Monitor Clearing Member performance and escalate concerns when appropriate
- Apply a strong understanding of the incident management process
Requirements:
- Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or an equivalent field of study
- Solid Excel skills
- Experience working with analytical or reporting tools such as Power BI or other data-visualisation platforms (nice to have)
- Working knowledge of CSD/ICSD processes and systems (preferred)
- Familiarity with SWIFT messaging (advantageous)
- Experience in back-office operations, settlements, Corporate Actions or a similar environment (beneficial)
- Excellent written and verbal communication skills
- A proactive mindset and a commitment to ongoing learning and skill development
- Ability to work independently and as part of a collaborative team