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.