Working as part of the team to ensure that all tasks are carried out in a timely and efficient manner. This includes but not limited to all aspects of administration relating to clients’ cash and assets, follow up to date departmental procedures and controls and to complete daily/weekly/monthly/yearly checks.
Input of non-market transfers of securities in the firm’s systems for internal transfers / transitions in / transitions out
Perform relevant controls against new security lines prior to acceptance for transition in
Arrange trade and settlement dates with market counterparties for transitioning portfolios in relation to both cash and securities
Continuous monitoring of transitioning securities to ensure completion within expected timeframes
Investigate and resolve any failed/unmatched transfers, liaising with both internal departments and external custodians as necessary
Monitoring and control of non-client assets received into the firm.
Ensure all queries are dealt with in a positive and timely manner
In addition to these functions, employees are required to carry out such other duties as may be reasonably required
Where appropriate, assist with various projects within the department
Participate in systems testing when fixes or enhancements are delivered and assist with periodic regression testing of internal systems

In the region of 2-3 years’ experience in a trade support, settlements or transitions role
Knowledge of FCA Regulations, particularly CASS and Mifid II Transaction Reporting
Knowledge of market practice relevant to Private Clients
Educated to minimum of A-level standard, with minimum of Grade C at GCSE English and Maths
Excellent written and verbal communications skills
Ability to maintain required standards when working under pressure
Good attention to detail and ability to work with minimal supervision
A reliable individual who works well within a team environment
Good IT skills, especially MS Excel
Preferably holder of IOC or equivalent CISI qualification
Understanding of HMRC tax implications in relation to the transfer of securities where there is a change of beneficial owner

Analyst, Transfer Processing

Key skills