Securities Settlements Administrator

Date Posted: 30+ days ago

Job Description

Purpose of Role:

To undertake the processing, settlement and resolution of associated issues of M&G’s securities transactions with our Custodians.

To provide ad-hoc support to team members, or as delegated from Manager

Major Responsibilities:

Responsibilities/ Deliverables are as follows:

To undertake the processing, instructing, settlement and resolution of associated issues of transactions with M&G‘s Custodians. To interact with the other departments within M&G and external counter-parties in order to provide an effective and efficient settlement service.

  • Receive broker confirmations so they can match in Aladdin and resolve any discrepancies
  • Resolve any discrepancies in Aladdin trades and FX’s with the brokers and custodians.
  • To ensure all trades are sent within the custodian cut off times
  • Investigate and resolve any transaction discrepancies in a timely manner
  • Ensure all Aladdin exceptions dashboards are investigated, acted upon and resolved in a timely manner to avoid any late trades to fund accounting and custody
  • Obtain pre-approval for force matched trades & justify in Aladdin.
  • Ensure no Cash Recs or Stock Recs. Investigate, resolve and update relevant
  • Aladdin entry for each item, escalating to Manager if necessary.
  • Complete daily check lists
  • Check the daily overdraft report
  • Identify & propose control improvements within the team, for efficiency or risk reduction
  • Awareness of Client Money rules, including escalation
  • Updating Broker SSI’s and sending them onto Data Management / Checking Aladdin setup once completed to ensure Aladdin is correct.
  • Working with the Front office and broker on any new counterparty setup’s
  • Provide Custodian feedback to the custody and oversight team
  • Ensure that Securities Settlements control framework that includes Procedure
  • Manuals and Check Lists are up to-date

Work Parameters or Boundaries (e.g. Internal Procedures):

  • Ensure all activities are compliant with corporate standards.
  • Maintain clear and effective communications with immediate colleagues and Senior Management
  • Adhere to internal procedures and best practices at all times.

Specific Qualifications/Skills:

  • To support our Global dealings desks in Singapore, London and Chicago for Equities and Fixed Income.
  • Market expert, placings, IPO’s (initial public offerings) market local fees and taxes knowledge
  • To have an understanding of Market FX’s to support the settlement of restricted market trades.
  • Market Due Diligences knowledge
  • Understanding Market updates provided from our custodians and counterparties
  • To have some knowledge on markets needing a license, trading code or POA

Previous Level of Experience:

  • Required: 2 years Operational experience
  • And Experienced Global Market knowledge, counterparty / custodian knowledge

Skills - interpersonal, numerical, problem-solving, analytical, etc

  • Attention to Detail
  • Client Focus
  • Communication
  • Curiosity & Learning
  • Planning & Organising
  • Problem Solving


  • Ability to work within in a team.
  • Ability to work under pressure and adhere to multiple deadlines.
  • Organised and proactive.
  • Ability to multi-task.

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