Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.
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.