You will be primarily responsible for Global Settlements for the 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:
- Position & Inventory management – analyse positions across exchanges, entities and PB’s to optimise settlement and cost efficiencies
- Ensuring prompt and efficient settlement of all OTC and Exchange Trades across a range of different products such as: Equities, ETF’s, Bonds, Options, with a focus on regulatory and economic impact
- 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 Electronic Access (DEA) provider’s settlement functions
- Settlement risk analysis – manage buy in risk system with traders
- Proactively communicate with traders and other relevant parties to quickly and efficiently manage critical trades which may result in buy in, CSDR fines or funding impacts
- Analyse impact on trading from interest claims, CSDR, fails and recommend changes to mitigate impact to business
- Develop good relationships with Prime Brokers, Execution Brokers and clients
- Compilation and analysis of monthly management reports on trading volume, dividends, interest claims, buy-in notices, trade fails and PnL impact
- Research and analysis into new markets/products/regulatory changes. Particular focus on upcoming EU regulations over next few years.
- Project work directly relating to trading desks activities