Operations Assistant Manager - Banking

Our client, a reputable international bank located in the heart of City of London, is looking for an Operations Assistant Manager (or Senior Officer depending on experience).

Aspects of Operations covered within team include input, confirmations, payments, reporting, filing, client and settlement agent liaisons and valuations. And covered products are FX, MMK, NDF, CD, ECP, Repo, Fixed Income Securities, US Treasuries, IRS, CIRS, Futures, GMTN including Loans

[Key Responsibilities]
(1) Process all new transactions in the bank’s integrated network system including additional ad hoc.

(2) Review the morning reports obtained from Euroclear checking entries for activity expected on Securities coupons and settlements for both the bank’s account as well as its safe custody client accounts. Also investigating and processing any corporate actions due to take place on any holdings.

(3) Ensure all securities settlements are completed in Euroclear & chase / monitor if required

(4) Check and sign month end statements produced by Operations staff relating to clients’ security safe custody balances held in Euroclear (including updating the 6 monthly average balance spreadsheet for safe custody clients)

(5) Check new Securities instruments registered in the bank’s integrated network system

(6) Check Euroclear cash and securities movement entries for Repo transactions, new Securities transactions and CSA collateral settlement ensuring close liaison with trading staff where required

(7) The checking and approval of cash and settlement instructions in Euroclear

(8) The checking all initial paperwork, fixing and coupon interest entry prepared for GMTN transactions dealt.

(9) To calculate the semi-annual safe custody fees for applicable clients, providing data for checking

(10) Input all entries into Euroclear as provided registering each entry to the Euroclear check sheet

(11) The accurate registration of new Securities contracts in the bank’s integrated network system as requested by Traders for new transactions dealt

(12) Filing and scanning of all required transactions, entries and reports in an accurate and efficient manner

(13) Liaison and co-operation with other departments is a major part of the job, and confidence in their abilities to be able to handle queries when they arise is required.

[Requirements]
(1) Must be educated to degree level

(2) Must have minimum 2 years of relevant experience in banking operations

(3) Must have experience with Euroclear

(4) Flexible work attitude and willingness to participate in team work. This is a cross functional team and all colleagues are expected to cover all jobs within Operations

(5) Must be able to commute to City of London (fully office based role)

[Conditions]
(1) Location: City of London (Bank area)

(2) Working hours: 8:30am~4:30pm

(3) Annual leave: 31 days in the first full calendar year and thereafter increased by one day per year into maximum of 36 days (including 8 Bank/Public Holidays)

(4) Basic salary: 35~50K (depending on experience)

(5) Benefits: Group Personal Pension Scheme(Employer contributes 8% of basic salary), Life Assurance, Private Medical and Dental Insurance, Annual Health Check, Season Ticket Loan, Eye care Voucher, Annual Bonus Scheme(full calendar year required)

[Before you apply]
(1) This is fully office based role without hybrid option
(2) The right candidate must be eligible to work full-time in UK immediately without any visa restriction. If you’re on any visa permitting full-time work in UK, please indicate your visa status in your CV and when it expires.
(3) Please send your CV in MS Word format
(4) ONLY right candidates will be contacted, and if your application is successful, we’ll contact you within 5 working days.